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ctober 2016 100 $2 RNI: APENG

/2014/54643

FOREIGN TRADE . EXPORTS . IMPORTS

www.thedollarbusiness.com Vol.3 Issue 10 October 2016 100 $2

Textiles to leather, attar to organic food, marble to electrical equipment and more... The Dollar Business explores some geographical flag-bearers of India’s

foreign trade, rightly christened, ‘Export Temples of India’!

GRAHAME MORTONHigh Commissioner of New Zealand to India

SATYENDRA JAINCabinet Minister,

Government of Delhi

RAJIV WAHIHead – International Business (EAM),

Escorts Limited

MUKUL DIXITPresident,

Indo Rama Synthetics India Limited

...AND MORE!

EXCLUSIVE INSIDE

MEISChange is constant. And here’s proof!

Do unstable rates imply a stable & effective scheme?

AppleAttractive and lucrative

Newton. Adam and Eve. This fruit is popular!

8 THE DOLLAR BUSINESS II OCTOBER 2016

Volume: 3 Issue: 10 October 2016

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INBOX LETTERS TO THE EDITORReaders’ feedback, criticism, and appreciation that hit our mailbox in September 2016

MONOLOGUE PEOPLE SPEAKFrom Narendra Modi on bilater-al trade with Vietnam to Shinzo Abe on USA’s stance on TPP and much more...

GLOBAL TRADE Mozambique’s ban on log wood exports, China and Iran’s growing bilateral trade ties and more...

INDIA TRADE From Lava handset’s foray into Africa to imports of Peruvian avocados and much more..

IMPORT’ONOMICSFRESH APPLESZealous Indian importers of this delectable fruit stand to make some gains this season

GLOBAL CORPORATIONESCORTS AGRI MACHINERY A strategic transformation initiative shows signs of early success

POLICY FOCUSMEISCan frequent amendments to the scheme give a fillip to India’s exports?

SME CORNERGRIND MASTER MACHINES This dynamic company is a preferred vendor to global automotive giants

SATYENDRA KUMAR JAINCABINET MINISTER, GOVERNMENT OF DELHIElaborates on the potential of the capital city of India, in terms of generating better business prospects

COVER STORY 28

President (VMPL) : Steven Philip Warner& Editor-in-Chief

EDITORIAL & RESEARCHEditor : Manish K. PandeyExecutive Editor : Indranil DasAssociate Editor (Print) : Andres M. MolierAssociate Editor (Online) : Sheela MamidennaSenior Editors (Print) : Niladri S. Nath, Proyashi BaruaAssistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan, Sairaj IyerAssistant Editors (Online) : Aamir Hussain KakiPrincipal Correspondent : Deepak Kumar

EDITORIAL CONSULTING BOARDFounder & Editor : Anil GoyalPublisher : Avnish GoyalChief Consulting Editor : Dr. A. K. SenguptaEditorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA)

ADVERTISEMENT SALES & MARKETINGAssociate Vice-President : Lalit SethDeputy General Manager : Roosevelt FernandesAssistant Manager : Maitreya Biswas Senior Executive : Ayesha Fatima

International Representatives Seoul (South Korea) : Justin Yoon (+82-2-6241-4256)London (UK) : S. Puri (+44 207 376 1996)

ART & PHOTOGRAPHYArt Director : Sujesh Kumar G.Senior Designer : Shaik. Masthan Vali Designer : Gopal Ganesh ReddyPhotographer : Dileep Kumar

THE DOLLAR BUSINESS ONLINEProject Managers : Sridhar Bodla, Omar LarziSEO Manager : Sangameshwar SomaSEO Specialist : Praveen KukunarapuAsst. Mgr. (Data & Metrics) : C. Dileep ReddyAssociates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad

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© Copyright 2016No part of this magazine may be reproduced in whole or in part without an ex-pressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.

Printed at: Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Roads, Musheerabad, Hyderabad - 500 020, Telangana.

GRAHAME MORTONNEW ZEALAND’S HIGH COMMISSIONER TO INDIATalks about strengthening social, economic and political ties between India and New Zealand

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Taking the road less travelled, for the third year in a row, The Dollar Business travels across the length and breadth of India to bring to you some lesser known towns of export excellence that have the potential to boost India’s exports. An exclusive feature on these export temples – India’s very own multi-million dollar micro economies.

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28 THE DOLLAR BUSINESS II OCTOBER 2016

COVER STORY EXPORT TEMPLES OF INDIA

VAPI / SIKKIM / BUTIBORI / DEWAS / AGRA / KISHANGARH /

HOOGHLY / KOLKATA / COIMBATORE / NASHIK / LUDHIANA / KANNAUJ

OCTOBER 2016 II THE DOLLAR BUSINESS 29

Call it continuation of a tradition dedicated to India's foreign trade, this year too, The Dollar Business trekked far and wide to explore some of the lesser known export clusters of India. And like every other year in the past, this year too saw us digging out some unheard facts from across these hotspots of India's exports. As enthusiasts of foreign trade, it is but necessary for us to understand the opportunities and challenges that these export clusters face. It is the government's goal to make these clusters the strong pole that will help the nation vault over the ambitious $900 billion bar in exports by FY2020. Is the government 'walking the talk' when it comes to improving the global competitiveness of these clusters? Are the central and state agencies fulfilling their mandates of creating common facilities to help small entrepreneurs explore global markets? Are initiatives like 'Make in India' and 'Skill India' making a difference on the ground? These export clusters, which contribute significantly to India's export basket, lack the visibility and the attention they deserve. For the third year in a row, The Dollar Business explores the length and breadth of the country to bring to its readers some ground realities from a handful of India's less-celebrated clusters of export excellence.

EXPORT TEMPLES OF INDIA

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