View
0
Download
0
Category
Preview:
Citation preview
Add this sender to your address book Click to view this email in a browser
Vol II, Issue 19: October 1, 2012 Activities News Members Contact Print Version
President's Message
FISME Policy Paper
SME Exchanges in India:
Review and Suggestions
Read More
" The capital markets have been a
pillar of strength for the industry –
non agriculture economy in
particular. It is through this avenue
that the household savings have
been contributing to growth of
large businesses. The SME
Exchanges now launched in India
open up the same window for
MSMEs. What is needed is
intervention by Government of
India by way of directions to the FIs
and the Banks to earmark a small
proportion of funds for investing
into the issues on SME exchanges
to give these a flying start. "
- Shri V.K. Agarwal, President FISME
Read More
Activities
l Third Innovation Lab workshop held in Bangalore
l Surbhi-Kaustubh duo wins FISME’s IPR Valuation Contest
l FISME signs agreement of cooperation with Cambodia
l FISME’s concurrent show in IMS 2012 for MSMEs
l Seventh ‘India SME Forum’ held in Kolkata on Sep 22, 2012
Macro Metre
l India manufacturing PMI steady at 52.8 in September
l Core sector growth slows to 2.1% in August
Domestic Digest
l Six out of seven stocks on BSE SME platform post gains
l NSE launches SME exchange with first listing
l Indian Bank, NSIC tie-up to boost lending to small units
World Watch
l China IPR SME Helpdesk holds seminar on IPR protection
Knowledge Store
l 8 Tips to Keep Your SME Safe Online
...And A Lot More
Third Innovation Lab workshop held in Bangalore
Surbhi-Kaustubh duo wins FISME’s IPR Valuation Contest
Continuing its efforts to
encourage adopt ion of
innovation among MSMEs,
FISME organized thi rd
Innovation Lab workshop
a t H o t e l C a p i t o l i n
Bangalore on September
27, 2012. The focus of the
event – helping MSMEs
compete with innovative
ideas, was to familiarise
MSMEs with the dynamics of innovation so that they can adopt innovation as a
way of life. The workshop was third in the series and has gained quite popularity
among MSMEs. The earlier workshops were held at Faridabad (Haryana) and
Hyderabad (A.P.). Mr M C Dinesh, Central Executive Committee Member, FISME
gave the welcome address. Special presentations were made by Mr Srinivasan
K A, Co-founder, Amagi Media Labs Pvt. Ltd., Mr Vinod Raghavan Data Head
(Karnataka & Andhra Pradesh), Airtel and Mr Shantanu Varma, Zonal Head, Tata
Consultancy Services. More than 200 CEOs and managers of various SMEs
across Karnataka attended the event. The star speaker of the series has been
Mr David Wittenberg, CEO, the Innovation Workgroup.
Read More
Ms Surbhi Mehta and Mr
Kaustubh Sinha have won
the National Contest on
‘I d e n t i f i c a t i o n a n d
V a l u a t i o n o f I P R s i n
MSMEs’ organized by
FISME. The prize carried a
cash reward of Rs one
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 1 / 7
Read More
NCEDAR 2012
Date:Dec 4-6, 2012
Venue: Bangalore
See Details
AIFPA Show 2012
Date: Dec 13-15, 2012
Venue: New Delhi
See Details
PLASTO 2012
Date: Dec 20-23, 2012
Venue: Pune
See Details
The government’s decision to allow FDI will not help
MSMEs: Survey
According to The FISME Factor
survey, 52% of readers feel that
t h e r e c e n t g o v e r n m e n t ’s
FISME signs agreement of cooperation with Cambodia
FISME’s concurrent show in IMS 2012 Bangalore
Seventh ‘India SME Forum’ held in Kolkata
lakh. The Paper joint ly
au thored by them has
been adjudged best by the Jury which was chaired by Shri Ajay Shankar, IAS,
Member Secretary, National Manufacturing Competitive Council (NMCC) on
September 28, 2012. The other members of the jury included Dr Sujata
Chaklanobis (DSIR), Mr Arvind Chopra (EBTC), Ms Gayatri Subramaniam (IICA),
Mr Tarun Bansal (Sagacious Research) and Mr Anil Bhardwaj (FISME).
Read More
Federation of Indian Micro
a n d S m a l l & M e d i u m
Enterprises has entered
i n t o a c o o p e r a t i o n
a g r e e m e n t w i t h
Federation of Association
f o r S m a l l & M e d i u m
Enterprises of Cambodia
(FASMEC), focusing on
p o l i c y o f c r e a t i n g
i n s t i t u t i o n a l l i n k a g e s
between member countries of Association of Southeast Asian Nations (ASEAN).
The agreement was signed on October 2, 2012 at Phnom Penh, the capital of
Cambodia by Mr Arun K Aggrawal, FISME ’s Central Executive Committee
Member and Director of Vimal Organics Ltd., Ghaziabad.
Read More
F o l l o w i n g t h e g a l a
o p e n i n g o f I n d i a n
Manufacturing Show-2012
by Mr Jagadish Shettar,
honourable Chief Minister,
Govt. of Karnataka and Mr
Shih-Chao-Cho,
honourable Vice Minister
of the Ministry of Economic
Affairs, Govt. of Taiwan,
F I S M E o r g a n i s e d a
technical seminar the next day on ‘Business Opportunities for MSMEs in Europe ’
on September 28, 2012. After the welcome address of Mr Mohan Suresh,
Immediate Past President, FISME, the participating MSMEs were addressed by
Ms Anna Liberg, Head, Swedish Trade Council, Bangalore, Ms Audrey D’ Souza,
Regional Director, Indo-German Chamber of Commerce, Mr V Vijay Kumar,
Chief Representative, Netherlands Business Support Office (NBSO), Chennai,
Mr Lars Christiansen, Commercial Counsellor, Royal Danish Embassy, New
Delhi, Mr Rolf Frei ,Consul General, Switzerland in Bangalore.
Read More
T h e ‘India SME Forum ’-
7th in ser ies of forums
being organized across
the country with FISME as
S M E P a r t n e r o f t h e
campaign, was held in
Kolkata on September 22,
2012 at the Oberoi Grand.
The Forum is focusing on
two issues: Marketing &
Branding and Innovative
Financing. Former Executive Vice President of J. Walter Thomson (JWT) and
media guru Nikhil Nehru explained MSMEs the fundamentals of branding. Other
key speakers who spoke on ways to promote brands and about utilisation of
Information Technology for enabling SMEs to reach at the level of corporates in
terms of pricing and marketing included Mr Shashi Ravulapaty, Chief technology
Officer, Reliance Capital and Mr Deepak Pandey, Executive Vice President SME-
Vodafone.
Read More
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 2 / 7
decision to allow FDI in multi
b rand re ta i l w i l l no t benef i t
MSMEs in India.
Finance Fundamentals
Keep a close eye on financial performance
Marketing Mantras
Competing with mega brands, requires marketing
skills
The small business owners
should keep track of the financial
performance of their business,
irrespective to its size. Time and
limited resource should never
come in way of evaluating the
performance. Ignoring financial
evaluation will invite problems
whereas, good assessment
mechanism will ring alarm bell
before the problems turn
complex.
Read the full article
Internet marketing has taken
world by storm and it is
transforming the business
drastically. It is important to
maintain the traffic to be
converted into cash so as to ride
on success continuously. There
are certain points to be kept in
mind for maintaining consistent
visits on the website.
Read the full article
Will economic conditions improve during next quarter Oct-
Dec 2012 in India?
Yes No
You can also view online
nmlkj nmlkj
Submit
Macro Metre
Exports decline 9.74% in August
India manufacturing PMI steady at 52.8 in September
Core sector growth slows to 2.1% in August
Rupee may hit 50 per US dollar in a few months: Govt
Exports declined by 9.74% year-on-year to $22.3 billion in August due to the
global economic slowdown. During April-August, the shipment dipped by 5.96
per cent to $119.97 billion from $127.5 billion in the same period last year,
according to data released by commerce ministry recently. Imports during the
month, too, slipped by 5.08% to $37.9 billion, leaving a trade deficit of $15.7
billion.
Read More
Ind ia 's manufactur ing
a c t i v i t y g r o w t h i n
September held steady
compared to August, due
to pickup in export orders
and output, a business
survey showed recently.
B u t a n i n c r e a s e i n
inventor ies could hurt
growth in the future. The
HSBC manu fac tu r ing
purchasing managers'
index (PMI), which gauges the business activity of India's factories and not its
utilities, held steady at 52.8 in September from 52.8 in August, which was a
nine-month low.
Read More
Eight core industries grew at a slower pace of 2.1% in August, as against 3.8%
in the same month last year due to negative growth in crude oil, natural gas,
fertiliser and cement. During April-August this fiscal, the growth has slowed to
2.8%, from 5.5% in the year ago period, according to official data released
recently. "The moderation in growth was on account of the negative growth in
the production of natural gas, cement, fertilisers and crude oil, besides a
decline in the growth rates of steel and electricity production," it said.
Read More
The government recently said it expects the rupee to appreciate to around 50
against the dollar over the next three-four months on higher foreign inflows, a
development that will help rein in subsidies and also check inflation. "The rupee
has gone below 53 and that reduces the subsidy requirement. If rupee further
strengthens, which we hope it will, with the steps the government is taking, we
expect it could even touch 50 in the next 2-3 months or four months," economic
affairs secretary Arvind Mayaram told reporters. He said the recent policy
initiatives are expected to result in higher foreign exchange inflows — through
the FII and the FDI channels — and ease the pressure on the rupee.
Read More
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 3 / 7
8 Tips to Keep Your SME Safe Online
The security of the website for any
SME is crucial, as the website
can be accessed by anyone and
there is possibility that a hacker
could find ways to enter into the
website. They can steal important
information and change it. There
are ways to minimise such
access of the site.
Read the full article
Directory of Testing Laboratories in India
Handbook for Managing Export Payment Risks
Buy our one-of-a-kind guide to all
industrial testing laboratories in
India. Find the one most
convenient for getting your
products tested and certified. An
invaluable compendium for all
industrial units and exporters.
PP: 894, Hard Cover.
Price: Rs 900.
50% discount for members.
Buy your copy now
Domestic Digest
NSE launches SME exchange with first listing
Six out of seven stocks on BSE SME platform post gains
Indian SMEs sweep biz league awards
Indian Bank, NSIC tie-up to boost lending to small units
Chidambaram asks PSB to help SMEs tap market
Need to have a few thousand SMEs listed: FM
N S E r e c e n t l y l a u n c h e d
operations of its new trading
platform for SMEs, Emerge,
wi th the f i rs t l is t ing in th is
segment and said some more
companies would follow. The
p la t fo rm was launched by
F i n a n c e M i n i s t e r P
Chidambaram, along with Sebi Chairman U K Sinha, with the listing of Thejo
Engineering - the first company to get listed in NSE's Emerge segment. Talking
to reporters after the launch, NSE Managing Director Ravi Narain said that the
exchange has been very careful in bringing in only good-quality companies on
the platform and there was "quite a decent number of companies" interested in
getting listed.
Read More
Stocks having debuted on the leading bourse BSE's SME platform this year
seem to be generating significant interest from investors, as six of them have
given positive returns since listing and the seventh one is trading with just a
modest loss. BSE launched its SME platform for small and medium enterprises
earlier this year in March and since then seven companies have got listed in
this segment.
Read More
Small and Medium Enterprises
from India virtually swept the
th i rd FedEx In te rna t i ona l
Bus iness League awards ,
n o t c h i n g u p 1 0 o f t h e 1 2
f inal is ts posi t ions in the 6-
nation contest that involved
tough evaluation process of
their performances. Indian
S M E s s t a m p e d t h e i r
dominance as FedEx opened its IBL contest for the first time to countries in
neighbourhood including Bangladesh, Sri Lanka, UAE, Bahrain and Kuwait.
Indian companies were chosen from the list of over 300 qualified nominations,
while a company from Bangladesh and Sri Lanka made it to the two other
positions.
Read More
Indian Bank has entered into a pact with National Small Industries Corporation
(NSIC) to enhance its exposure to micro, small and medium enterprises. As per
the pact, NSIC will sponsor MSME proposals, after due scrutiny, at regular
intervals to various branches of Indian Bank all over the country. The
arrangement is expected to provide more momentum to the growth of MSME
advances of Indian Bank.
Read More
Finance Minister P Chidambaram recently asked public sector banks and rating
agencies to handhold small and medium enterprises (SMEs) to enable them
tap the capital market for raising funds. He was speaking after launching the
dedicated SME platform 'Emerge' of National Stock Exchange (NSE). Currently
seven companies are listed on the SME platform of BSE and one company
(Thejo Engineering) got listed on NSE platform recently.
Read More
The finance minister P Chidambaram recently said given the huge number of
the Medium, small and medium enterprises (MSME) in the country, at least a
few thousand of these should be listed on the country's SME exchanges. "Given
that there are over 3.11 crore MSMEs in the country, we should have at least a
few thousand," Chidambaram said setting a lofty target for NSE EMERGE,
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 4 / 7
Free Publications
FISME Policy Paper
Fertilizer quality control in
India: Need for change
If you are an exporter you simply
cannot do without this unique
publication which tells you how to
manage payment and other risks
arising from exports.
PP: 78.
Price: Rs 300.
50% discount for members.
Buy your copy now
FISME Policy Paper SME
Exchanges in India: Review and
Suggestions
Ask for your copy now
This monograph argues for a
systemic change in fertiliser
quality control. Essential reading
for those in policy-making
positions.
Ask for your copy now
FISME regularly receives monthly
reports on the economies of
various countries from their
missions in India. These reports
provide information on key
economic parameters, trade
related information and all news
relevant for importers and
exporters. In this edition you can
take a look at reports on:
Canada
Greece
Singapore
CSIR to focus on MSME; starts company to aid spinoff
UPSIDA's industrial township plan for private players
Banks see value in lending to small units
National Policy on IT approved, aims to help SMEs
Comfort Comtrade lists on BSE's SME platform
which launched its operations with the listing of Thejo Engineering recently, and
BSE's SME platform which has listed seven companies so far.
Read More
After developing a number of technologies for the societal and strategic areas,
CSIR has now drawn up plans to focus on the micro, small and medium
enterprises sector. To realise its goal, Council of Scientific and Industrial
Research (CSIR) is in talks with the State Bank of India to pick up stake in a
company it has established in Pune to help MSME sector to start spin-off
companies using technologies developed by its chain of 37 laboratories.
Read More
After the new Infrastructure and Industrial Development policy, the Uttar Pradesh
State Industrial Development Authority (UPSIDA) on recently announced a Micro,
Small and Medium Enterprise Township (MSME Township) policy to promote
private participation in developing various service sector-related industrial
townships. A decision to this effect was taken during a meeting of the Board of
Directors of UPSIDA, chaired by IID commissioner Anil K Gupta.
Read More
Banks are f inding lending to the
m i c r o , s m a l l a n d m e d i u m
enterprises (MSMEs) an attractive
proposition due to higher returns
and easy recovery. Pent-up demand
for funds from the MSME sector
r e m a i n s h i g h a n d t h e r e i s a n
opportunity for banks to accelerate
growth in this segment, states a
report by brokerage f irm Moti lal
Oswal.
Read More
T h e N a t i o n a l P o l i c y o n
Information Technology (IT)
2 0 1 2 , w h i c h a i m s t o
e n c o u r a g e a d o p t i o n o f
i n f o r m a t i o n a n d
communicat ion technology
(ICT) in key sectors, has been
recen t l y app roved by t he
cabinet . "The Cabinet has
recently approved the National Policy on Information Technology 2012," ministry
of communications and information recently said in an official statement.
Read More
Comfort Comtrade Ltd recently became the 8th company to get listed on the
BSE's SME platform. The company had come out with an initial public offering of
60 lakh equity shares of Rs 10 each aggregating to a total of Rs 6 crore early
this month. The trading lot size is 10,000 equity shares.
Read More
Punjab clusters not working
While the clusters in south India are working seriously and bringing good
results, the condition in Punjab is the contrary, said C K Mishra, joint secretary
in the Ministry of Micro, Small and Medium Enterprises (MSME). Interacting with
members of Offset Printers Association (OPA), he stated that in Punjab there
are about 36-40 clusters in all which have been approved and all of them are till
the soft intervention level only, i.e., up gradation of the machines, doing paper
work for the clusters etc. When it comes to shifting of industry at the land
acquired by creating all facilities, not even a single cluster has been able to do
this in Punjab, he pointed out. It needs to be mentioned that industrialists had
stated a few days ago that in Punjab they are not being allowed to set up a
cluster on less than 50 acres of land and acquiring this huge chunk is not
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 5 / 7
Bahrain possible for them.
Read More
UAE
3rd edition of Middle East SME forum kicks off in Abu Dhabi
China
China IPR SME Helpdesk holds seminar on IPR protection
The 3nd edition of Middle East SME Forum commenced recently in Abu Dhabi,
gathering SME professionals, entrepreneurs, financial experts, banking
professionals and governmental officials who will talk about the drivers of
continuous improvement in the SME industry. Nilanjan Ray, senior VP and
Head, Business Banking at Abu Dhabi Commercial Bank (ADCB) who was
chairing the summit on day one of this forum at the Rocco Forte Hotels - Abu
Dhabi said SME now account for up to 60% of China's GDP and 68% of its total
exports to the world.
Read More
H o w d o y o u p r o t e c t
intellectual property rights
( I P R ) i n M a c a u a n d
China? Four experts on
IP laws recent ly gave
answers to this question
at an event organized by
t h e C h i n a I P R S M E
Helpdesk, which offers
free support to European
small and medium-sized
enterprises (SME's), who
want to deal with Chinese partners. According to Jennifer Lee from the China
IPR SME Helpdesk, 75% of counterfeit items seized in Europe in 2010 came
from China. Thus it is not surprising that "one third of our European companies
stated IPR is a significant obstacle when doing business with mainland China."
Read More
Business Opportunities for India in Canada
There are business opportunities available for Indian companies in Canada.
The interested candidates can check details.
Read Details
4 new members join FISME
During the period September 15, 2012 to September 30, 2012 a total of 4 new
MSMEs became members of FISME.
Read Details
You are receiving this Newsletter because you are included in our mailing list of recipients who are involved or
interested in FISME or Indian MSMEs. You are welcome to partly or fully reproduce and disseminate the contents
of this publication provided that you acknowledge the source.
To subscribe/unsubscribe to this Newsletter
click subscribe or unsubscribe
This Newsletter is edited by the FISME Secretariat. We welcome contributions as well as comments and
suggestions. Please write to newsletter@fisme.org.in
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 6 / 7
Federation of Indian Micro and Small & Medium Enterprises (FISME)
Headquarter: B – 4 / 161, Safdarjung Enclave, New Delhi – 110029
Telephone: +91 11 26187948, +91 11 26712064, +91 11 46023157 Fax: +91 – 11 – 26109470
Email: newsletter@fisme.org.in , Mobile: +91 9312274911, Website: www.fisme.org.in
Bangalore
57/5, Family YMCA Building,
Millers Road, Benson Town,
Bangalore - 560046
Email: bangalore@fisme.org.in
Mobile: +91-80-23543589
Website: www.fisme.org.in
Hyderabad
H. No. 6-3-569 / 1/2/4
2nd floor, Rockdale Compound, Somajiguda
Hyderabad – 500082
Tel: +91- 40- 23322117 Fax: +91 -40- 23312116
Email: hyderabad@fisme.org.in
Website: www.fisme.org.in
If you want to forward this email to a friend, Click here
http://www.fisme.org.in/newsletters/Oct_1_2012/ Page 7 / 7
Recommended