Synergy Media Specialists » The Business Times – India Report 2017 https://www.synergymediaspecialists.com Mon, 17 May 2021 08:38:00 +0000 en-US hourly 1 https://wordpress.org/?v=4.0.33 Maharashtra: India’s Leading Investment Destination https://www.synergymediaspecialists.com/maharashtra-indias-leading-investment-destination/ https://www.synergymediaspecialists.com/maharashtra-indias-leading-investment-destination/#comments Mon, 13 Nov 2017 22:00:44 +0000 https://www.synergymediaspecialists.com/?p=5690
What makes Maharashtra an ideal investment destination in India for ASEAN investors?

Maharashtra, the most industrialized state in India, is also the preferred investment destination for businesses across the world. This is bolstered by the fact that Maharashtra accounted for 50% of the total Foreign Direct Investment (FDI) which came to India during 2016-17. The state reforms carried out in the last three years by the government of Maharashtra has helped boost investor confidence from the global community and the state’s pro-business environment has made it the undisputed commercial and financial center of India. It provides a complete eco-system for all foreign investors.

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Shri Devendra Fadnavis, Chief Minister Of Maharashtra

Strategic location with well-developed infrastructure

Home to most of the MNCs located in India and a diverse and supportive MSME base, the state boasts connectivity through its well-developed social, physical and industrial infrastructure. The Jawaharlal Nehru Port Trust, just east of Mumbai, is the largest port in India, handling 55% of the country’s containerized cargo. Apart from the four international and seven domestic airports in Maharashtra, the state is well connected to its six neighbouring states and other parts of India through eighteen national highways.

Abundant skilled manpower

Maharashtra has a large base of skilled and industrial labour. We have more than one million students graduating every year, get- ting into a wider variety of sectors. Our more than 1,000 engineering colleges and industrial training institutes provide the backbone of skilled labour for our state and the entire country.

Progressive government

The state is a pioneer in small scale industries and has the largest number of special export promotion zones. The state has one of the largest and oldest nodal agencies, Maharashtra Investment Development Corporation (MIDC) to ensure dedicated investor facilitation and promotion. In addition, our government works relentlessly to improve the ease of doing business so that Maharashtra continues to be the investment destination of choice for foreign investors.

Given your multi-sectoral reach, what do you believe are the key sectors driving the economic growth of Maharashtra, as well as India as a whole?

Maharashtra is one of the biggest contributors to Indian economy, accounting for 30% of the cumulative FDI inflow (April` 00 – December` 16) and 15% of India’s total GDP, on aver- age. The investments come from fields like manufacturing, in- frastructure and real estate, pharmaceuticals, information technology, and automotive manufacturing.

What is your overarching vision for MIDC in the future and how do you want the Indian brand to resonate within the ASEAN community?

In 2016, Singapore’s Asia Competitiveness Institute (ACI) rated Maharashtra as the top performer in overall competitiveness. We are proud of this achievement and through our Make in Maharashtra initiative under the leadership of the Hon’ble Chief Minster, Shri Devendra Fadnavis, we will continue to improve the ease of doing business in the state and develop the supporting industrial infrastructure to attract more local and foreign direct investment in the region.

www.midcindia.org

The Company

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Ministry of Commerce and Industry
Industry
Government

Our Location:

Udyog Bhavan, Rafi Marg Street, New Delhi
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Of Ploughs & Progress https://www.synergymediaspecialists.com/staragri/ https://www.synergymediaspecialists.com/staragri/#comments Mon, 13 Nov 2017 22:00:43 +0000 https://www.synergymediaspecialists.com/?p=5675
Cracking the dawn of India’s Agricultural Renaissance

Agriculture often stands at the fringes of the discussions of economic progress, frequently associated with rural and pastoral traditions that are at odds with grandiose metropolis visions of industrialization.

Yet StarAgri visionary Co-founder and CEO, Amith Agarwal, saw a fertile opportunity in the paradox. He saw beyond the façade of semantic contradictions and envisioned a profound need for systematic collaboration – inherently creating a novel business model that is equally focused on people, performance and purpose.

“Agriculture is the bedrock of economic growth,” states Mr. Agarwal. “Yet it is often overlooked as a driver of growth amidst narratives of urbanization and technological advancement, especially in India.”
Founded in 2006, StarAgri is a comprehensive one-stop solution to the age-old problem of the disconnect between farmers, suppliers and several parts of the supply chain.

Mr. Amith Agarwal - Director

Mr. Amith Agarwal, Co-founder and CEO

It focuses on four core business activities pertaining to Agrofinance, Procurement, Supply Chain/Storage and creating a Digital Marketplace. Though strongly anchored on agrarian values, the innovation of StarAgri business concept lies intransforming the archaic product-focused approach to agribusiness, into a service-driven model that is aligned with the modern business psyche.

From cultivation to commercialization, StarAgri undoubtedly stands at the critical juncture of India’s new sunrise industry. In 2014, the company’s pioneering spirit caught the eye of Singapore’s largest investment holding, Temasek, who invested a significant minority stake and dubbed StarAgri as one of the high growth companies in agriculture globally.

Today, StarAgri boasts as Asia’s leading post-harvest solution company, grounded on its winning formula of empowering farmers, building the right infrastructure and advanced data analytics. At the crux of its success is also its hands-on approach, as embodied by Mr. Agarwal’s leadership style, who is equally involved in the farmlands as he is in the boardroom, earning him the title of Entrepreneur of the Year in 2014.

“Simply put: farming feeds the country. Farming feeds the future,” affirms Mr. Agarwal. “As a business, profits are important, but a stronger drive for us is being cognizant of our purpose as a platform to uplift India for a better tomorrow.”

https://www.staragri.com/

The Company

StarAgri Logo-01

Star Agri Warehousing
Industry
Agriculture

Our Location:

1st & 2nd Floor, B Wing, Litolier Chambers, Next to Marol Naka Metro Station, Andheri-Kurla Road, Marol Naka, Andheri East, Mumbai – 400059, Maharashtra, India
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India Trade Promotion Organization welcomes the world to a majestic landmark destination https://www.synergymediaspecialists.com/india-trade-promotion-organization-welcomes-the-world-to-a-majestic-landmark-destination/ https://www.synergymediaspecialists.com/india-trade-promotion-organization-welcomes-the-world-to-a-majestic-landmark-destination/#comments Mon, 13 Nov 2017 22:00:41 +0000 https://www.synergymediaspecialists.com/?p=5668
Prime Minister Modi’s aspirational vision of ‘New India’ is becoming a reality. Pragati Maidan, the country’s landmark exhibition complex in New Delhi, is being redeveloped by India Trade Promotion Organization (ITPO) as a world-class International Exhibition and Convention Centre (IECC) with state-of-the-art facilities designed to bring business to India.

ITPO connects India’s business community with global buyers and investors through flagship events such as the India International Trade Fair (IITF) held at Pragati Maidan each year in November. This year, ITPO began the modernization of Pragati Maidan and the new complex will undoubtedly add grandeur to India’s capital and become a source of national pride.

‘The IECC project will be a game-changer for the international and Indian exhibition and convention industry’, says L.C. Goyal, ITPO Chairman. ‘It will also strengthen ITPO’s key role as a government trade promotion agency committed to the country’s vision for the future’.

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L.C. Goyal, ITPO Chairman

The design and layout plans of the IECC were prepared by ARCOP Associates Pvt. Ltd. with Aedas Pte. Ltd. of Singapore. Approved by Delhi Urban Art Commission and the National Monuments Authority, the complex will house an iconic convention centre with a capacity of 7,000. The new Pragati Maidan will bring together information communication technologies and building design innovation via a smart-grid which manages energy use and reduces waste. Even the basement parking, designed for 4,800 vehicles, will utilize smart-technologies to deliver better services.

Wide-ranging traffic decongestion strategies are also being implemented to benefit the general public and provide better access to the IECC. Covered pedestrian walk-ways around the complex and a skywalk to the Pragati Maidan Metro station will also improve connectivity.

In line with the pace of development projects in India, ITPO expects to deliver the project within twenty four month.

‘Our task is to attract participants and business delegates from all over the world’, says Goyal. ‘With its sheer magnificence and business conduciveness, the IECC will be an architectural marvel and a majestic landmark destination designed to be experienced in its entire splendour’.

www.indiatradefair.com

The Company

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India Trade Promotion Organization
Industry
Government

Our Location:

Pragati Bhawan, Pragati Maidan, New delhi – 110001
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Bharat Electronics Limited: India’s defending Champion https://www.synergymediaspecialists.com/bharat-electronics-limited-indias-defending-champion/ https://www.synergymediaspecialists.com/bharat-electronics-limited-indias-defending-champion/#comments Mon, 13 Nov 2017 22:00:00 +0000 https://www.synergymediaspecialists.com/?p=5654
From glaciers in the Himalayas to monsoon-drenched coastlines stretching from the Arabian Sea to the Bay of Bengal, India is a diverse and beautiful country which the Indian government is sworn to protect.

‘Our state-of-the-art defence electronics solutions help safeguard India’, says M.V. Gowtama, Chairman and Managing Director of Bharat Electronics Limited (BEL). ‘We are committed to meeting the specialized electronic equipment requirements of the Indian Defence Services’,

M.V. Gowtama - Chairman & Managing Director

M.V. Gowtama, Chairman & Managing Director Bharat Electronics Limited

BEL, initially a manufacturer of defence communication radios and radars, is today the preferred tier one supplier of complete defence electronics equipment and systems end to end solutions for defence platform manufacturers including Reliance Defence and Hindustan Aeronautics. The company also exports products to Sri Lanka, Bangladesh, Myanmar, Indonesia and Malaysia and many other friendly countries.

After successfully building a coastal surveillance system for the Indian Coast Guard, BEL is establishing similar systems in the Seychelles and the Maldives. BEL products are also being used in homeland security and smart cities.

Akash-Weapon-System
BEL’s air defence systems, particularly the medium range surface-to-air missile system ‘Akash’ and the upgraded anti-aircraft weapon system ‘Shilka’ are also proving successful in India, and further afield.

The company grew seventeen per cent last year and Gowtama plans to achieve this same figure in 2017.

‘My priorities today are to align BEL with the increasing demands of the Indian defence industry while further developing our export business’.

BEL has been active in Southeast Asia for almost twenty years through the company’s Singaporean office which handles procurement, marketing and customer support. With opportunities across the region, BEL is establishing more offices in the ASEAN region to better serve customers.

‘Our customers’ see BEL as a good company to partner with’, says Gowtama. ‘We will continue to forge long-term alliances and create a strong marketing force which will meet the needs of customers around the world’.

www.bel-india.com

The Company

BEL Logo

Bharat Electronics Limited
Industry
Government, Defence, Aerospace

Our Location:

Outer Ring Road, Nagavara, Bengaluru – 560 045, India
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