Hyderabad hosts EXIM Conclave, focus on trade potential of Telangana
The Confederation of Indian Industry -Telangana chapter on Wednesday organised an one-day event ‘EXIM Conclave 2015’, highlighting trade and export potential of newly formed state of Telangana. The objective of the conclave is to strategise export-import activities for the new state of Telangana based on its inherent strengths and requirements. The state has a big task of making its mark in the field of exports, for which the Government of Telangana has identified 14 thrust areas. The conclave was organised for the first time in the new state to address these critical issues. CII Telangana Chairperson Vanitha Datla in her welcome address, talked about the importance of enhancing India’s presence in international trade, which currently stands at 1.7%. ECGC Ltd. Executive Director Senthilnathan in his keynote address, was of the opinion that the businesses should be more open to do business through credit which will strengthen India’s international trade. Strengthening exports will add to employment generation and product value addition. He further elaborated on the importance of insurance sector in the context of export business. He opined that industry must have complete product information prior to exports and ECGC facilitates its customers by providing complete product information. He also urged the need to adapt the best practices around the world by improvising it in the Indian context. He also pointed out that risk analysis may not fully lead to risk free business. “Giving credit to businesses is a risk but that risk needs to be taken by the facilitators”, he added. Bharat Biotech International Chairman and Managing Director Dr. Krishna Ella urged the industry to create a culture of patents in the industries and encourage innovation, as a process. He emphasised that skills, entrepreneurship and innovation are interlinked, where risk taking is part of the process. “In order to create this eco system, it is important to transform our education system from degree oriented to skill oriented,” he said. Dr. Ella also emphasized on the importance of connecting policies for export promotion. “‘Make in Telangana’ policy is much more competitive than its neighbouring and other industrially developed states.” He also urged the need to market our strengths and create a brand for Telangana. “This would require policies which must encourage patenting of our innovative processes and products at various levels”, he said. Dr. Ella urged that CII and the Government of Telangana must create a fund to encourage SME & subsidise the process of patenting. Regional Joint Director of DGFT S. B. S. Reddy pointed out that the industry in Telangana, both manufacturing and services, must be specific to their demands with the state government and facilitators; i.e., timelines for connectivity to ports, frequency of train/cargo services, additional manpower in customs and SEZ, besides others. The conference focused on ‘Export Trade Facilitation’; MSME Business going global; and a panel discussion on ‘unleashing Telangana’s Trade and Export Potential’. The other prominent speakers during the technical sessions were –M K Patodia, Managing Director, GTN Industries Ltd; A. Subramaniyam, DGM, EXIM Bank; Gaurav Anshuman, Branch Manager, ECGC; V. Rajanna, Vice President & Regional Head, TCS; V.V. Parsuram, Global Head, R&D, DRL; Harita Vasireddi, MD, Vimta labs; Dhruv Agarwal, Vice President, Gati, among others.
December 17, 2015 | 12:05pm IST
to success.