60th Anniversary Special Commemorative Edition January - June 2016 Connecting Businesses Globally - Since 1956 www.aiaiindia.com Glimpses of 60 years COVER STORY AIAI Newsletter 2016 Recognition Poland. IPCCI is recognized by the Consulate General of Poland in Mumbai as well as A “Special Cover “ to honor All India Association of Industries (AIAI) for its 55 years of service Embassy of Poland. The Chamber organizes AIAI : Building Bridges of to Trade and Industry was released by the seminars & conferences, trade delegations, Department of Post and Telegraph. trade fairs, one-to-one business meetings with Prosperity Through Industry Polish counterparts and cultural programmes. Membership and Its Benefits Indo Mauritius Chamber of Commerce - AIAI is a platform for businesses across IMCC all sectors of the industry, to get a real understanding of the opportunities available IMCC was established in 1999 with the support Babubhai Chinnai MP and to communicate more effectively with of the partner nation including the Mauritius Founder other businesses and policy makers both in High Commission and Consulate General India and across the globe. Established in 1956 under the dynamic operation with over 250 International Trade to explore business opportunities between leadership of Late Shri Babubhai M. Chinai Promotion bodies and Chambers of Commerce Activities India and Mauritius. The Chamber organizes seminars, trade delegations and one-to- (M.P). It is today a premier industry association from across 60 countries. This highlights • Seminars, workshops, trade exhibitions, representing industries across sectors located our mission to promote international trade, trade delegation visits, interactive meetings one business meetings with counterparts in Mumbai, the commercial capital of India, enhance exchange of trade related information and economic forums. Some of our flagship and disseminates trade and industry related AIAI is a not for profit, non-government and trade delegations, foster joint ventures, events include Global Economic Summits information to promote trade between India organization, advocating the cause of trade & technological alliances and thus contribute on trade and investments, export-import and Mauritius. industry with an overall aim towards industrial towards the process of globalization. policies, budget. Russia India Trade House Mumbai - RITHM growth. • Organizing trade delegation visits to Micro Small & Medium Enterprises – MSMEs This common collaborative plank stands to AIAI endeavors to meet the various needs different countries and also participation MSMEs are the key drivers of the Indian benefit all concerned stakeholders in the long of enterprises by combining the power of in international trade fairs accelerating Economy. Recognizing its importance, run. Set in this backdrop, the establishment of networking and resource building. AIAI plays business opportunities. a prominent role in promoting its members to AIAI engages in promoting MSMEs and the Russia India Trade House Mumbai (RITHM), international markets, concerned authorities Entrepreneurship development through its • B2B meetings and G2G meetings in India goes a long way in the effective promotion and represents their issues to the State and various sensitization programs on trade and and overseas. and augmentation of bilateral trade between Central governments from time to time. The industry. Services two of the fastest emerging economies of the activities of the association go beyond the Policy Framework Certificate Of Origin world - India and Russia. traditional format of industry associations. AIAI actively participates in policy work All India Association of Industries has been Young Entrepreneurs’ Society - YES Advocates the Cause of Trade & Industry representing enterprises to the government authorized by the Government of India to The AIAI initiated its youth wing, YES, in AIAI represents its members on national and on trade and business policies and has made issue Certificate of Origin to exporters. The early 2001 to motivate and groom young regional Government bodies and Financial exporters can now avail this facility from the several submissions on regulatory reforms. individuals with entrepreneurial drive. YES Institutions. AIAI aims to bring about an AIAI Secretariat. Facilitating Partnerships members are in the age group of 21-35 years interaction between regulatory authorities Visa Recommendations and industries which will assist in formulating The AIAI also assists overseas enterprises mainly representing family owned business policies that encourage trade and investment, seeking business opportunities in India by AIAI’s international linkages with embassies or first generation entrepreneurs who have leading to economic growth and productivity. identifying suitable partners for joint ventures, and consulates allows the association to issue ventured into manufacturing, trading or recommendation letters for business visas service providers. The Association aims to Promotion of International Trade takeovers and other commercial alliances. educate them on industry trends in the era Expand your International business network Associate Bodies Trade Associations and Chambers of Commerce of globalization through a vibrant calendar of and build smarter businesses / enterprises play a vital role in contributing towards the Indo Polish Chamber of Commerce & events. economic development of any country. AIAI brings together Indian and international Industry - IPCCI It serves as a conduit to the Industry and Indian Council of Foreign Trade - ICOFT government authorities, decision makers, IPCCI was established in 2001 to facilitate entrepreneurs looking to explore international experts, business leaders, entrepreneurs, bilateral trade, investment, joint venture, ICOFT was established with a view to facilitate markets SMEs, Clusters and policy makers to share technology transfer and trade-related foreign trade and explore overseas markets for The AIAI has signed agreements for co- their knowledge and perceptions. information exchange between India and products of Indian SMEs. 5 The AIAI has worked closely with the Young Entrepreneurs’ Achievement Awards AIAI Newsletter 2016 COVER STORY Government at the Central and State Level, for budding entrepreneurs across various with major emphasis on the promotion of the industries. Entrepreneurship; if done right; interests of SMEs. Recognizing that SMEs are has the potential to plug demand-supply vital to India’s economy, our mission has been gaps, create employment opportunities and PRESIDENT’S DESK to support and strengthen SMEs by facilitating contribute healthily to the economy. The AIAI their integration into the global supply chains recognizes this aspect and supports the same by helping them identify reliable business wholeheartedly in its own way. partners through our network of over 250 At an international level, the AIAI is affiliated Government authorities, International Trade to the UNIDO and the UNCTAD and has been Promotion Oganizations and Chambers of authorized by the Ministry of Commerce to Dear Members Desai have presided over the AIAI. Commerce. We have signed agreements for issue Certificate of Origin. AIAI also represented The year 2016 marks the AIAI’s 60th Through written records and photographs cooperation with such entities from over 60 the country at the WTO Ministerial Meeting anniversary; 60 years – circa 1956, the AIAI from the initial years; we have tried our best to countries…all along attempting to create in Singapore, Geneva, Seattle and Oman; has definitely travelled a long way since then, encapsulate and present a fair history of AIAI’s a synergistic functioning environment. We besides attending the WTO Forum meetings having played an active role in the country’s role in the promotion of trade and industry alsoactively participate by representing in Geneva in September every year. That isn’t socio-economic development over decades. through the ages. enterprises to the government on trade and Established in Mumbai, the commercial capital business policies and have made several just it. The AIAI also represents the employers’ Change is inevitable, but the one constant of India under the dynamic leadership of Late submissions on regulatory reforms. side as advisorat the ILO, Geneva as part of the in the Nation’s history has been industrial Shri Babubhai M. Chinai (M.P), AIAI today is Government of India delegation. progress specially after the industry reforms in Besides this, the Association continues to a powerful platform representing trade and Finally,over the years the AIAI has built a 1991. Being a protected, primarily Government remain in dialogue with the Government on industry. strong network and is globally recognized driven economy up until then, it was only in economic policies and regulations that impact as a business association for promoting To commemorate its adventurous journey 1991 that India undertook significant reforms industry. We also participate in Government international trade through delegation on the occasion of its 60th anniversary, this that put industrial progress on the right Advisory Panels and the Reserve Bank of India on such matters of criticality and b2b and G2B meetings with visiting edition’s Cover Story - Growth of Indian track. Since then, we have only gone from Industry and Road Ahead documents the international delegates. strength to strength as an industrial nation; In our efforts to promote bilateral trade industrial reforms