Diesel & Petroleum

October 2018 ISSUE | Vol. 32

Lifelines of Transport: Diesel & Petroleum The Indian Scenario

© All rights reserved. ‘Point of View’ is a bi-monthly from HITEX. www.hitex.co.in Double-ka-Meetha Double-ka-Meetha, a popular Hyderabadi dessert, is a bread pudding of fried bread slices soaked in hot yderabad, with all its heritage and beauty, is known as the milk, sugar syrup with spices, including saffron and cardamom. Double-ka-Meetha is a favorite among HCity of Nizams. Along with its several monuments, the other desserts and is a must at weddings and parties in Hyderabad. Double-ka-Meetha refers to bread, called city offers a rich cuisine and shopping options to locals and “Double Roti” in the local Indian dialects and meetha is travellers. Hyderabadi cuisine is a wonderful combination of the word for sweet – hence the name. Persian and Moghlai traditions. When visiting Hyderabad, one Shopping traditional articles and accessories in Hyderabad cannot miss the delicacies the city offers. Laad Bazaar Laad Bazaar or Choodi Bazaar is a centuries-old market popular for bangles, especially Hyderabadi lacquer bangles studded with stone, pearls, semi-precious stones, jewellery and bridal wear. The bazaar is located on one of the four main roads that branch out from the historic Charminar and reflects the charm and festive spirit throughout the year.

Few Dishes from the Cuisine of Hyderabad Perfume Market Situated between Laad Bazaar and Moti Chowk is the Perfume Market. As the name suggests, it’s perfumes Biryani and more perfumes that you will find here. One can shop Hyderabadi Biryani, a delectable dish made for wide varieties of ittar (perfume in Urdu) or regionally with rice, spices and meat/vegetables, is a produced perfumes that come in beautiful glass vials. craze among people of all ages. Made usually with the finest variety of basmati rice, this variant biryani is cooked slowly in a tighly Begum Bazaar closed vessel so as to seal in the aromas of a Begum Bazaar is large wholesale market, one of the plethora of spices and condiments. oldest and traditional shopping areas and the biggest commercial market in Hyderabad. Besides shops for clothes, household commodities and brassware, it Haleem also houses the second-biggest fresh fish market in Haleem is a delicacy that assumes added Hyderabad. Begum Bazaar is a must-visit for its beautiful significance if it is prefixed with the term buildings and multi-cultural ethos, and has shopkeepers Hyderabadi. The cooking of Hyderabadi and residents from all over the country. Haleem is an art that few have mastered. Haleem is a stew made of wheat, barley, meat, lentils and spices. The dish is slow cooked for Laad Bazaar, Perfume Market and Begum Bazaar are located in the old city area of Hyderabad city attractions about six hours nicely blending all the flavors. and you can easily reach there by local buses, auto rickshaws or metered taxis. These fuels power the world and we can’t deny the fact that Message from coo the market dynamics of these fuels have direct impact on the economy. Oil and gas hold immense importance in our daily In India, we are witnessing some of the toughest days for fuel lives. The entire world leans towards Fuel. And, trade with fuel prices touching the highest ever numbers. There India is no different. Our planet is enriched with is an increasing need to get the fuel prices under control to lessen mixture of fuels, crude oil, natural gases and several the cost traders and commuters are bearing. As one of the fastest other needful resources. Among others, crude oil growing economies in the world, India needs to find answers to is the most important and highly desired because the problem of fuel prices that can affect its economic growth, if crude oil gives us our everyday fuels – diesel and not handled correctly. petrol. One of the major solutions is to be self-dependent and self- Diesel and petrol are lifelines for public, trade and sufficient. As a nation, we still depend on huge imports of crude personal transport. oil and it’s time for us to start exploring new resources, produce Diesel is an important element of economy as more fuels and cut down imports as much as as possible. most of the products in the trade are transported Speaking of HITEX, events in the last two months have catered by trucks and trains run by diesel. It also runs our to several segments of the industry from plastics to pharma, from cars, construction and farm equipment, ships and sports to construction and architecture, from cable television submarines. As a transportation fuel, diesel offers and internet services to corporate gifting and from industrial a wide range of performance, efficiency, and safety equipment to jewellery and lifestyle products. The diversity of features. events at HITEX is what makes it one of the most preferred venues On the other hand, petrol is common man’s fuel. in India for events of all statures. We have some of the biggest Majorly used for personal transport, petrol has events coming in the next two months at HITEX. been transforming individuals’ lives and keeping Let’s look into more updates on these and what’s happening in them on the move. Petrol succeeded to improve HITEX in the pages inside. the mobility of the middle class and it has changed the way we commute.

K. V. Nagendra Prasad COO, HITEX

04 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 05 Lifelines of Transport - Diesel & Petroleum The Indian Scenario

With petroleum and diesel prices in India Natural Gas Corporation (ONGC), Oil In- The slump in oil prices globally in 2014 pushed increasing on a daily basis, vehicle owners dia Limited and state gas utility Gas Au- prices in India below the levels set by the govern- Burden from and commuters are worried. thority of India Limited (GAIL) also have ment. So, when India got rid of price controls that Imports been paying to subsidize fuel prices, to year, local prices actually fell. During the continued Import volume of crude oil With moderate prices of crude oil, con- the tune of $10 billion, by selling crude descent of crude oil prices, rather than passing on in India grew substantially sumers in most parts of the world are en- and fuels to the state retailers at discounts. the entire reduction to consumers immediately the from 171 MMT in 2012 to joying pain-free visits to the fuel stations. government opted to add tax and meet the bur- 213 MMT in 2017. Imports Unfortunately, that’s not the case in India. Petrol is the primary fuel used for cars and den it has been bearing to subsidise fuels. As the during April - November The oil pricing gets complicated for India two-wheelers. Higher prices of petrol af- oil prices began to rise again, consumers started 2017 was 144.7 MMT valued due to the fluctuating strength of rupee fect people who commute by their cars to feel the pinch doubly with the tax still in place. about $ 51.1 bn, growing by against the dollar. and two-wheelers. Immediate Solutions 9.31 per cent quantity and Diesel makes up to about 40 per cent of Oil and gas occupies approximately 35 15.3 per cent in value com- We could reinstate the formula for subsidizing die- all oil products consumed in India, and per cent share in India’s energy consump- pared to the same period of sel and petrol by bringing upstream companies is the most important fuel for consumers tion. India is the third largest energy and 2016. to share a part of the burden. Currently, prices of and trade transport. Diesel also has a trick- oil consumer in the world and the fourth diesel and petrol are set using a complex formula The demand for petroleum le-down effect on inflation. Higher diesel largest importer of liquefied natural gas under “trade parity price,” based on what the gov- products is expected to prices result in more expensive freight mak- (LNG). ernment terms or the estimated price of the fuel if reach 244,960 MT by 2021- ing transportable goods more expensive. Consumption of petroleum products in the ratio of imports and exports is 80:20. 22 and India aims to cut Until they were called off in 2014, subsi- India stood at 183.5 MMT (million metric The government is said to have asked the state- down oil and gas imports dies on diesel were helping keep its price tonnes) in FY 2015, 184.6 MMT in FY 2016 owned oil marketing companies to bear some of the dependence from 77 % to under control. State-run explorers Oil and and 193.75 MMT in FY 2017. burden and not pass higher costs on to consumers. 67% by 2022.

06 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 07 The government is reportedly now con- ONGC is investing Rs 920bn ($14.15bn) in sidering a ‘windfall tax’ on all oil produc- 35 major projects, including 14 to bring new ers in the country, public and private sec- finds to production and six to improve re- tors alike, in an attempt to moderate fuel covery from ageing fields. The organisation prices that have continued to scale new is also planning to almost double its natural heights. The wind fall tax could be accom- gas production within the next five years. panied by a minor slash in the excise duty We should also increase our refinery infra- rate. If implemented, it will bring the much structure. In FY17, India had 234.5 MMT needed relief to public. per annum of refining capacity, making it All fuels are not market-linked and the the 2nd largest refiner in Asia. By the end government still bears a part of costs for of 2017, the oil refining capacity of India kerosene, the common man’s fuel, and reached 247.566 MMT per annum. As LPG, the kitchen fuel. of end of 2017, private companies own about 35.63 per cent of total refining ca- Longterm Solutions pacity while 6.99 per cent is under joint We should soon start producing more oil ventures. Another area that demands at- products from the abundant raw material tention is increased oil recovery from oil we have. fields as a significant amount of identified India has large crude oil and natural gas oil ends up as leftover in spite of existing reserves. Proven Oil reserves amount- production infrastructure. ed to 600 MMT and natural gas reserves Until we are ready to replace the crude oil amounted to 1.2 trillion cubic meters in fuels with the emerging alternatives, we 2016. With 3.14 million sq. km of potential should ensure that their pricing of does reserves lying unexplored until 2016, there not affect day-to-day activities of business exists vast headroom for new discoveries. and the everyday lives of citizens.

08 Point of View bi-monthly | October 2018 Issue | VOL. 32 CONCLUDED EVENTS PharmaLytica 10th & 11th August 2018 IPLEX’18 Organizer: UBM India PharmaLytica brought together various brands and industry experts from the 3rd to 6th August 2018 Pharmaceutical industry in India to showcase and discuss various aspects pertaining Organizer: TAAPMA, TAPMA, KPMA, KSPA & CIPET to technology, innovation, research, pricing and quality manufacturing of the products IPLEX’18 provided a common platform for manufactures, dealers, buyers and end- in the industry. The two day event witnessed participation from over 150 exhibitors users pertaining to the plastic industry in India to showcase new technologies, cost- from across the country including notable industry players and hosted brainstorming effective solutions and plastic products used extensively across various industrial sessions by experts focusing on revolutionizing the sector. sectors. The three-day B2B event had over 100 small, medium and large machinery units and innovative concepts on display.

10 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 11 CAI Expo 2018 CableNet Expo Vision 17th to 19th August 2018 17th to 19th August 2018 Organizer: I Ads & Events Organizer: CNC Group

CAI Expo 2018 provided a common platform for brands and professionals from CableNet Expo Vision brought together digital communication and networking Construction, Architecture and Interior Design sectors to interact and showcase brands, cable operators, and Multiple System Operators to interact and share current trends and products. The three-day expo offered insights into wide-ranging knowledge about the new technology trends in the Cable Television and Broadband modern construction technology, equipment and material, smart architecture sectors. Industry professionals and service providers. concepts, decorative lighting systems, innovative window systems, modular kitchen units and power back up solutions.

Furniture Fair 17th to 20th August 2018 Organizer: I Ads & Events Furniture Fair showcased extensive furniture, furnishing, interior design products, handicrafts, decorative art pieces and lighting, and home décor products. Exhibitors at the fair included top international, home-grown and popular local brands.

12 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 13 SportExpo India 2018 24th to 26th August 2018 Organizer: HITEX and Hyderabad Runners

SportExpo India offered an ideal platform for brands and services providers from Sports, Fitness and Wellness Industry to showcase their products and services to a wide audience. Catering to both B2B and B2C visitors, Sport Expo had various products such as sports equipment and accessories, fitness equipment, health and nutrition products on display. Sport Expo was also a curtain raiser for Hyderabad Marathon and featured Mr. Hyderabad Open Body Building Championship, Pool and Squash Tournaments.

14 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 15 Indian Traditional Healthcare Home Furniture Expo 24th to 26th August 2018 31st August to 2nd September 2018 Organizer: BigMarketeer Consulting Services Organizer: Prompt Trade Fairs

Indian Traditional Healthcare brought together organizations providing Indian Home Furniture Expo 2018 was an exclusive exhibition for home and interior traditional healthcare and medical services on a common platform. Brands and design segments. The expo showcased all kinds of trendy and designer range of practitioners from traditional healthcare showcased diverse options products products from furniture and furnishing, home decor, wardrobes, handicrafts, kitchen and services from Ayurvedic science, Unani medicine, Naturopathy treatment, accessories, modular kitchens, decorative lighting, artificial flowers, fabrics and Homoeopathy supplies and Yoga training. textiles, dress materials, fashion products and many more.

IndExpo SBI CARNIVAL HOME & AUTO EXPO 31st August to 2nd September 2018 1st to 2nd September 2018 Organizer: Indore Infoline Organizer: State Bank of India

IndExpo showcased a wide range of products, technology and concepts in machine SBI Carnival Home & Auto Expo 2018 showcased wide-ranging choices of properties tools, industrial automation, construction, infrastructure development, electrical in and around Hyderabad, cars and related financing opportunities. The expo had equipment, industrial supplies and many more pertaining to industrial engineering. more than 50 developers with more than 200 residential projects on display for visitors to choose from while car dealers showcased latest choices in cars available in the market.

16 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 17 INDIA LAB EXPO 2018 GIFTIONERY 6th to 8th September 2018 28th to 30th September 2018 Organizer: Messe Muenchen India and IAIA Organizer: Introduction Trade Shows

India Lab Expo 2018 and the collocated event Analytica Anacon India 2018 Giftionery presented wide-ranging creative concepts and products for corporate and offered a common platform for laboratory technology, analysis, biotechnology promotional gifts, office stationery, brand souvenirs, gadgets, jewelry, handicrafts, and diagnostics. The three-day event brought together national and international designer stationery, home decor and houseware. The three-day event witnessed the exhibitors, consultants, business experts and key government officials under one presence of top brands across sectors. roof to discuss the best global practices and seek solutions to some of the most imperative challenges related to the pharmaceutical industry.

18 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 19 JITO JEWELLERY & LIFESTYLE EXPO 2018 AGRITEX INDIA 2018

28th to 30th September 2018 4th to 6th October 2018 Organizer: JITO - Hyderabad Chapter Organizer: Kenes Exhibitions

JITO Jewellery & Lifestyle Expo 2018 created a common platform for brands to AGRITEX INDIA 2018 provided a common platform for companies, professionals, showcase extensive choices of jewellery, fashion and lifestyle products. Various scientists, marketers and visitors from contemporary agriculture, dairy farming, food established as well as new brands from India and overseas participated in the expo processing, aquaculture and horticulture segments. The event provided delegates and presented their product portfolio to visitors. The event had a special focus on and visitors the exposure to a wide and comprehensive knowledge-base of the entrepreneurs and businesses from Hyderabad to encourage entrepreneurship. latest developments pertaining to agriculture and related activities. Exhibitors from India and overseas showcased modern technologies, equipment and products in agriculture and food production sectors. At the conference, experts and scientists discussed trends, important developments and best practices in the industry.

20 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 21 INDIA HORECA EXPO 2018 Upcoming Events 4th to 6th October 2018 Organizer: Synergy Exposures & Events

INDIA HORECA EXPO 2018 provided a common platform for brands, professionals HYDERABAD COMIC CON and visitors from the Hotel, Restaurant, Catering and Cafe Industry in India to meet, discuss new trends and explore new opportunities. Brands showcased extensive 13th to 14th October 2018 products and services to a wide range of visitors including professionals from hotel Organizer: REEDPOP industry , decision makers from hospitality sector, catering teams, restaurants, Hyderabad Comic Con will feature the best of comics, movies, television, gaming cafes, bakeries, decorators, supermarkets, importers, wholesalers, suppliers and & cosplay and will demonstrate India’s ultimate pop-culture attracting thousands of consultants. enthusiasts. The event provides exhibitors, fans and partners a platform to celebrate their undying love and passion for comics and pop culture.

DIWALI SHOPPING FESTIVAL 2018

26th to 28th October 2018 Organizer: Prompt Trade Fairs Diwali Shopping Festival 2018 will have an array of stalls loaded with furniture, furnishing, decorative articles and lighting, accessories, apparel, jewellery and other gift articles for the whole family.

KITCHEN INDIA EXPO

26th to 28th October 2018 Organiser: Traditions Kitchen India Expo will feature ‘Anything and Everything of Kitchen’ to wide-ranging audience. Exhibitors will showcase extensive products from modular kitchen to kitchen appliances, groceries to Kitchen equipment, confectionaries to spices and organic products to utensils and many more. Live cookery shows by celebrity chefs, cooking contests, kitchen design discussions and several other engaging activities will attract cooking and kitchen technology enthusiasts.

22 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 23 TREDA PROPERTY SHOW INDIA FURNITURE EXPO 2018

2nd to 4th Nov 2018 16th to 18th Nov 2018 Organizer: Telangana Real Estate Organizer: Prompt Trade Fairs Developers Association India Furniture Expo 2018 will showcase a broad range of designs of furniture TREDA Property Show will provide a common platform for real estate developers, from India as well as overseas. The event will open significant opportunities for the builders, promoters and financial institutions to showcase realty properties, building retailers, buying groups, architects and designers to explore the new innovations material, technology, equipment, financial services to extensive visitors. The event and trends in the furniture industry. will help people aspiring to purchase properties or seeking other solutions related to the real estate industry in Telangana. HOA VISTA 2018

MAKER FAIRE Hyderabad 16th to 18th Nov 2018 Organizer: Hyderabad Ophthalmologists’ Association 9th to 11th Nov 2018 and Kenes Exhibitions Organizer: Maker Media HOA VISTA 2018, also known as Hyderabad Ophthalmology Conclave, will bring Maker Faire Hyderabad is a gathering of fascinating, curious people who enjoy learning and love sharing what they can do. From engineers to artists to scientists to together eye-health professionals from Hyderabad and rest of India. The speakers crafters, Maker Faire is a place for these “makers” to show hobbies, experiments and and delegates at the conclave will discuss innovation, advances and best practices of projects. It’s a family-friendly showcase of invention, creativity, and resourcefulness Ophthalmology, Optometry and eye healthcare services. The delegates will receive encompassing visitors across age-groups. the best of scientific content both in theory and practical pearls to further refine their professional skills in their practice.

ICE COLD CHAIN EXPO 2018

16th to 17th Nov 2018 FIRE INDIA 2018 Organizer: ICE Centre of Excellence Pvt. Ltd.

ICE Cold Chain Expo 2018 will showcase latest technology, tools, equipment, 22nd to 23rd Nov 2018 refrigerated transportation, services for cold-storage, warehouse and processing Organizer: Services International facilities to support the infrastructure and operations of the Cold Chain Industry. The Fire India is an international exhibition and conference catering to fire safety and exhibition, conference and awards night provide an opportunity for modern cold civil engineering sectors. At the exhibition, national and international exhibitors will chain, logistics, retail and other related industries to identify new trends, discuss new demonstrate the latest innovations, machinery, technologies in fire safety and fire- ideas and witness latest innovations specific to the industry. fighting domains. The conference will host presentations and interactive sessions around innovations and trends in the industry.

24 Point of View bi-monthly | October 2018 Issue | VOL. 32 www.hitex.co.in 25 INDIA INTERNATIONAL TRAVEL MART

23rd to 25th Nov 2018 Organizer: Sphere Travelmedia & Exhibitions

India International Travel Mart is a leading platform for the Indian and International travel industry communities to come together and showcase existing products and services as well as introduce new ones to audiences from across the country. The event is the best place to connect with a global network of key decision makers of the travel industry, executives from the travel-trade, to contract or to simply book a holiday.

POUTRY INDIA 2018

28th to 30th Nov 2018 Organizer: EAC and IPEMA

Poultry India is an international standard exhibition for the Poultry Industry in India. The event is a wide forum featuring valuable information about poultry industry, feed equipment, technology, breeders, egg farming, poultry nutrition, animal health and international poultry production. The main objective of the event is to help industry stakeholders keep abreast of the latest developments and best practices in poultry management, poultry health & nutrition, poultry breeding, feed manufacturing and poultry production.

26 Point of View bi-monthly | October 2018 Issue | VOL. 32 HITEX, HYDERABAD

THE VENUE FOR SUCCESS PREMIER NEXUS FOR CONFERENCES, EXHIBITIONS, AND TRADE FAIRS IN INDIA

• Centrally located: 2 Hours flight from any major city in INDIA

• High quality ‘MICE’ infrastructure

• Industry friendly and supportive State Government

Purpose-built • Indoor Exhibition Halls • Conference Halls E xhibition & • Open Grounds C onference Venue • Outdoor Display Areas • Landscaped Fair Park

Trade Fair Office Building, 1st Floor, HITEX, Izzat Nagar, Hyderabad - 500 084. Telangana. INDIA T : +91 40 2311 2121 / 22 / 23 | F : +91 40 2311 2124 | E: [email protected] | www.hitex.co.in