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The Bharatiya Yuva Shakti Trust (BYST) is
a non-profit organisation at the forefront of
entrepreneurship development. It works with
business leaders to assist disadvantaged youth to
develop their business ideas into enterprises. The young
entrepreneurs are supported with finance and training, as
well as mentoring, in their transformation from job seekers
into job creators.
Awards: BYST entrepreneurs won prestigious international,
national and regional awards this year.
International Visits: Senior delegates from Youth Business
China, and Youth Business Singapore visited India to
understand the BYST programme. They met BYST mentors
in New Delhi, as well as entrepreneurs in rural Haryana.
Interaction with Young Parliamentarians: BYST board
members, mentors and entrepreneurs had an interactive
session with young parliamentarians of India, including
Mr Naveen Jindal, Mr Rajeev Praptap Rudy, Mr Vijaysinh
Mohite Patil, and Dr. Sanjay Jaiswal, in New Delhi.
Global Entrepreneurship Week: To commemorate
‘Global Entrepreneur Week (GEW)’ in November, BYST,
as a partner to the renowned Kauffman Foundation,
USA, conducted various programmes for youth (students,
unemployed youth, small business people etc) to motivate
them and to increase their knowledge base.
Global Youth Innovation workshop Fair: BYST
was among 50 countries invited to participate in the
international conference in Benin.
Innovations in mentoring-student mentoring:
BYST, for the first time in its history, initiated a role for
business school students in its main facet of Mentoring,
in partnership with the Indian Institute of Planning and
Management.
Delegates from Youth Business China, and Youth Business Singapore, in New Delhi
Naveen Jindal, Member of Parliament, Haryana, interacting with BYST Entrepreneurs in New Delhi
Family-run businesses account
for almost 95% of all Indian
companies. The privatisation
of the Indian economy has given
Indian businesses a critical role in
the country’s growth process. With
today’s emphasis on an inclusive
growth process, traditional family
business values are generating
new-found interest in corporate
circles, particularly with respect to
employment, ethics, compliance,
social responsibility and
philanthropy, values which resonate
in CII’s theme of ‘Business for
Livelihood.’
The CII-FBN India Chapter highlighted the growth
opportunities and challenges that Indian family businesses
face and worked to build greater interaction between the
different constituents of Indian family business. With this
objective, the Chapter organised its XIIIth Annual Convention,
three regional workshops and six sensitisation sessions in
different parts of the country during 2011.
The CII-FBN XIII International Convention on Family
Business, titled ‘Family Business as Paradox’, held in New
Delhi in April 2011, highlighted the challenges faced by
Indian family businesses and owner-managers, through
sessions such as ‘Family and Business – A Fundamental
Dilemma,’ ‘Succession as a Cultural Event’ and ‘Family and
Business Governance.’ Issues relating to compensation
planning, the role of trusts, philanthropy, role of women
in family business, and the institutionalisation of processes
governing family and business were discussed, as also
how to leverage family knowledge for the benefit
of business. In a power-packed panel discussion on
‘Unconventional Strategy’, speakers talked about how
family belief systems strengthened their businesses. The
Convention was addressed by Prof. John Ward, The Family
Business Consulting Group, and Professor, Kellogg School
of Management, USA, Ms Annelie Karlsson, Founder &
Executive Director, FBN Sweden, and prominent heads of
Indian family businesses.
Arun Bharat Ram, Past President, CII, Member, CII-FBN India Chapter Core Group, and Chairman, SRF Ltd; Sunil Kant Munjal, Past President, CII, and Chairman, Hero Corporate Service Ltd; Pheroza J Godrej, Godrej & Boyce Manufacturing Co. Ltd; and Dr Naushad Forbes, Director, Forbes Marshall Pvt. Ltd. at a panel discussion in New Delhi
Prof. John Ward, Founder Chairman, FBCG, and Clinical Professor, The Kellogg School of Management, USA, conducting a workshop in New Delhi
Ravi Poddar, Chairman, CII Eastern Region Family Business Task Force, and Chairman, Ravi Auto Ltd, at the CII-FBN India Chapter conference in Kolkata
Three regional workshops on
family business, held in Mumbai,
Kolkata and Chennai, were based
on the following themes:
• ‘Building Stronger Business
Through Strengthened Family
Alignment’
• ‘Family Values - The Key to
Legacy of Continuity and
Success’
• ‘Preparing Family Business for
Strategic Change’
The lead faculty for these
workshops was Mr Anil Sainani,
Director, S&S Empowering
Solutions Private Ltd.
Sensitisation Sessions on Family
Business were held in tier two
and tier three cities like Trichy,
Bhubaneswar, Cochin, Srinagar,
Pune, Jaipur and Ahmedabad.
These sessions helped the
participants to design their
short-term and long-term goals for
their family businesses.
The highlight of the India Brand Equity
Foundation’s (IBEF) activities during 2011-12 has
been the projection of Brand India consistently across
markets through the platform of ‘The India Shows’ and the
concomitant usage of digital media for the promotion of
Brand India.
IBEF led the branding initiatives under the aegis of the
Department of Commerce, Government of India, at The
India Show in Addis Ababa in May, and also undertook
branding for the 2nd Africa-India Forum Summit on
the request of the Union Ministry of External Affairs.
Subsequently IBEF effectively showcased India’s business
strengths across sectors through The India Show in Toronto
in October, followed by similar events in Lahore in February
2012, and later in Jakarta, in March 2012. In all these
markets, whilst the messaging on Brand India was kept
consistent, it was set in a blend of India and local market
designs.
The IBEF knowledge works, comprising the ‘Experience
India’ CDs/access info drives, the ‘India Now – Business and
Economy’ magazine and ‘Product Books,’ continued to be
a valuable resource tool leveraged by diverse audiences
within India and abroad. ‘The Best of India in Services,’
book, second in ‘The Best of India’ series, was prepared by
IBEF during the year. It highlights the successes scripted by
the Indian service industry across sectors, bringing Brand
India global repute.
Another key highlight of IBEF’s activities has been
innovative use of digital media technology across its
initiatives to promote Brand India to wider audiences in
markets abroad. This was particularly evident in IBEF’s
initiatives at the Annual Meeting of the World Economic
Forum at Davos 2012 where numerous positive Brand India
stories were generated in the form of blogs, audio-video
and images through IBEF’s web-based initiative centred
around ‘Conversations on India’ at the India Adda (www.
india-at-davos.ibef.org). Also noteworthy were the special
promotional efforts made by IBEF for tea, coffee and spices.
IBEF’s ‘India Ingenious’ brand campaign at Davos was
well-noticed. The online and offline branding initiatives
synergised to impact audiences in and outside Davos.
In a natural progression in its brand strategy, IBEF stepped
into sectoral branding in 2011-12. Under the aegis of
the Department of Commerce, IBEF conceptualised and
developed the brand strategy for Brand India Pharma
in collaboration with the export promotion council,
Pharmexcil. As a first step, IBEF negotiated Focus Country
status for India at the largest pharmaceutical exhibition
platform, CPhI, making India the first country to get this
status. IBEF prepared a Brand India Pharma kit and active
partnered in leading the global launch of Brand India
Pharma at CPhI Japan in March 2012.
During the year, IBEF truly synergised its Knowledge Centre
and Communication initiatives to promote Brand India in
overseas markets
Dr Manmohan Singh, Prime Minister of India, at the 2nd Africa-India Forum Summit, Addis Ababa
Anand Sharma, Union Minister of Industry & Commerce, and Textiles, India, with Antonio Patriota, Foreign Minister of Brazil and Rob Davies, Minister of Trade & Industry, South Africa, at the India Adda at Davos 2012
The National Foundation for
Corporate Governance (NFCG)
has been set up by the the
Union Ministry of Corporate Affairs,
in partnership with CII, the Institute
of Company Secretaries of India, and
the Institute of Chartered Accountants
of India, to create awareness about
the importance of implementing good
corporate governance practices, both
at the individual corporate level and for
the economy as a whole. In 2010, the
Institute of Cost and Works Accountants
of India, and the National Stock Exchange came on board
as Trustees.
The NFCG works closely with partner institutions and
accredited institutions to provide a platform for quality
discussions and debates amongst academicians, policy
makers, professionals and corporate leaders through
research, conferences, orientation programmes, meetings
and seminars in areas of corporate governance, CSR and
sustainability.
In 2011-12, NFCG supported various flagship CII events such
as the National CSR-CSO Bridge: Moving the Growth Story
Forward through Inclusive Partnerships, the 7th International
Corporate Governance Summit, and Sustainability Solutions:
Summit and Exhibition, among others.
B Muthuraman, President, CII, and Vice Chairman, Tata Steel Ltd. and Chairman, Tata International Ltd, Dinesh Kanabar, Deputy CEO, KPMG, Rahul Bajaj, Past President, CII, and Chairman, CII National Council on Corporate Governance & Regulatory Affairs, and Chairman, Bajaj Auto Ltd, M Veerappa Moily, Union Minister of Corporate Affairs, and Chandrajit Banerjee, Director General, CII, at the Corporate Governance Summit in Mumbai
Tarun Das, Former Chief Mentor, CII; Prof. Michael Pryles, Chairman, SIAC; Justice V.K. Rajah, Judge, Singapore Court of Appeal; and Lalit Bhasin, Chairman CII National Committee on Dispute Resolution, at the conference on Arbitration India in New Delhi
In addition, NFCG also supported 15
international and national level seminars
and conferences, and orientation
programmes organised by accredited
institutions and other partner institutions
in corporate governance, sustainability
and CSR.
The CII Committee on Accounting
Standards focussed on facilitating
industry’s understanding and adoption of
the new financial reporting system (XBRL)
and the converged Indian Accounting
Standards (IndAS). Interactive sessions on
XBRL were held in Delhi and Mumbai.
The CII Committee on Dispute Resolution focussed on
establishing and developing the CII Centre for Alternate
Dispute Resolution to provide an institutionalized
mechanism for resolving commercial disputes amicably,
economically and quickly, by a process of conciliation,
mediation and arbitration. An Interactive Session on
Salvaging Dispute Resolution was organised in Mumbai in
September.
In partnership with the Singapore International Arbitration
Centre, CII organised a conference on Arbitration India:
Protecting Business Interests in the Changing Global Market
in January 2012 in New Delhi. The Conference brought
together arbitrators, counsels and judges from India,
Singapore and the region to discuss international arbitration
for dispute resolution, in the backdrop of India’s position as
an investment destination.
The Overseas Indian Facilitation Centre (OIFC) is
a not-for-profit initiative of the Ministry of Overseas
Indian Affairs (MOIA) and CII. It was set up to
facilitate economic engagement of the Indian diaspora,
considered a strategic resource, with India, and has been
recognised as a focal point of contact, especially, for
diaspora professionals and small/mid sized entrepreneurs
keen to connect
with India.
With a network of ten State partners, 9 Knowledge
partners, 5 Diaspora Associations and 2 Media partners,
OIFC actively services the Indian diaspora.
OIFC Market Place at the PBD 2012: The OIFC Market
Place is a premier business networking forum for PBD
delegates who wish to expand their economic linkages
with India. This year, it witnessed an impressive footfall of
more than 1200 visitors and 520 business interactions and
meetings.
Publication Release by the
Prime Minister of India at PBD 2012: To ease the
process of returning to India, OIFC compiled a publication,
‘Returning Indians- All that you need to know’, which was
released by Dr Manmohan Singh, Prime Minister of India.
‘Returning Indians’ has been developed keeping in mind all
aspects that would impact an Indian wanting to return to
India, right from the planning stage, right from rules and
regulations to softer aspects like culture.
OIFC Study of Indian Diaspora
OIFC commissioned a survey in November to understand
the expectations and concerns of Overseas Indians in their
economic engagement with India. The survey covered the
regions of Singapore, UAE and USA.
Diaspora Engagement Meets and
International Business Delegations
‘Diaspora Engagement Meets’ in regions where the
concentration of Indian diaspora is high, apprise NRIs of
opportunities for investment and business engagement
in India.
In 2011, two OIFC Meets were organised in Trinidad &
Tobago and The Netherlands. A business delegation from
India comprising prominent industry players and policy
makers interacted with 350 + delegates.
CII-OIFC Delegation to Canada
In an effort to help build synergies between businesses in
India & Canada, OIFC, in association with CII, organised
Dr. Manmohan SIngh, Prime Minister of India, releasing the OIFC-Deloitte publication, on the occasion of PBD 2012, with B Muthuraman, President, CII, and Vice Chairman Tata Steel Ltd. & Chairman, Tata International Ltd.; Ashok Gehlot, Chief Minister of Rajasthan; Kamla Persad-Bissessar, Prime Minister of the Republic of Trinidad and Tobago; Vayalar Ravi, Union Minister of Overseas Indian Affairs; and Shivraj V Patil, Governor of Punjab and Rajasthan, in Jaipur
Vayalar Ravi inaugurating the OIFC Pavilion at PBD 2012, with Ashok Gehlot and Chandrajit Banerjee, Director General, CII, and Co-Chairman, OIFC
a CEOs delegation to Canada that coincided with the 5th
Mini Pravasi Bharatiya Divas held there in June 2011.
Partnerships with Indian States and other
organisations
The year 2011 saw OIFC further strengthening its ties
with State Governments in India, knowledge partners
from industry, prominent diaspora associations and media
partners to further its outreach among the diaspora.
During the year, Assam, Bihar, Haryana, Jharkhand and
Rajasthan came on board as OIFC’s State partners bringing
the total number to ten. The other State partners include
Gujarat, Karnataka, Kerala, Odisha and Punjab.
Young Indians, a platform for progressive young
Indians between 25-40 years of age, works towards
its objective of realising the dream of a developed
India.
During the year, Young Indians (Yi) worked actively
in sectors as diverse as healthcare, environment, and
agriculture, interacting with government officials, industry
representatives and other stakeholders.
For the first time ever, Yi hosted the G20 Young
Entrepreneur Alliance Leadership Assembly and Interim
Meetings. In January 2012, Presidents and Sherpas from 17
of the 20 member countries of the G20
Young Enterprenuer Alliance (YEA) joined Yi in New Delhi
for three days of meetings followed by a visit to the Taj
Mahal. India, as host nation, created history as a MoU
(drafted by Yi), outlining deliverables and procedural codes
for working together as a ‘Chartered Alliance’ of youth
organisations representing the 20 most powerful nations
in the world, was signed. Fifteen of Yi’s Governing Council
members were ‘official observers’ for the event, and used
the opportunity to build bridges with delegates from
around the world to explore opportunities of
working together.
Delegates at the Yi G20 Young Entrepreneur Alliance Leadership Assembly Meeting in New Delhi
CII - Yi Walkathon on World Environment Day in Bangalore
Winners of the Green I contest 2011 from Sardar Patel Vidyalaya, New Delhi
B Muthuraman, President, CII, Vice Chairman, Tata Steel Ltd, and Chairman, Tata International Ltd., at the 8th Yi National Summit in Coimbatore
Yi organised receptions hosted by the Ministry of External
Affairs and the Turkish Ambassador, interactions with the
Mexican Ambassador and a Yi-CNBC panel discussion.
Yi has been nominated Chair of the G20 YEA Governance
Committee, and will play strategically critical roles on the
Alliance’s Membership and Marketing Communications
committees.
In another noteworthy achievement, Yi brought together
the best youth organisations in the Commonwealth
Asia Region to form the first-ever advocacy and
mentorship network in the Region in partnership
with the Commonwealth Youth Programme Asia
Centre, Chandigarh. Commonwealth Asia Alliance of
Young Entrepreneurs (CAAYE). This network of young
entrepreneurs and the organisations that support them will
convene each year in advance of the Commonwealth Heads
of Government Meeting and relevant Commonwealth
Ministerial forums to present a united voice of young
entrepreneurs. The alliance has representatives from
Pakistan, Bangladesh, Sri Lanka, Malaysia, Singapore,
Maldives, Brunei-Darussalam and India.
In April 2011, Yi organised World Health Day, where 22 Yi
chapters from across the country simultaneously launched
the ‘Fit India Campaign’ towards ensuring that healthcare,
in terms of information and facilities, is accessible to as
many Indians as possible. The 22 healthcare activities,
organised in 15 states, impacted close to 57,000 people,
making it one of the biggest Yi initiatives this year.
Through its environment initiative, Yi plays a keen role in
generating awareness, especially amongst students, about
environment-related issues, advocating protection and
preservation of ecology. Various events were organised,
Yi Poster for World Health Day
especially on World
Environment Day in June,
from Kashmir to Vizag,
and Ahmedabad to
Nagaland. These included
sessions, panel discussions,
cleanliness drives, tree
plantation and seed ball
making activities.
Yi’s Green-I contest is
supported by the Indian
Green Building Council
and Carrier Aircon, to
create awareness about
environmental responsibility
• The 8th Young Indians National Summit, ‘Taking
Charge,’ brought 540 delegates and students from
different parts of the country and abroad to Coimbatore
in November. Mr B Muthuraman, President CII, and
Vice Chairman, Tata Steel Ltd, and Chairman, Tata
International Ltd, in his inaugural address, called
upon Young Indians to become a powerful, inclusive
organisation to gain wider acceptability.
Mr Chandrajit Banerjee, Director General, CII, lauded
the endeavours of the Yi organisation, while Mr N
Gopalaswami, former Chief Election Commissioner,
urged youth to get actively involved in governance, both
at the local and national level.
• The Students’ Summit 2011 in Coimbatore in
November was addressed by several artists, trainers, and
academicians, and attended by more than 250 students
from Coimbatore, Kochi, Hyderabad, Bangalore,
Chennai and other chapters across India. The first
edition of the Yi Youth Affairs quarterly newsletter
was released by Mr Shankar Vanavarayar, National
Chairman, CII Yi, at the Summit.
Commonwealth Asia Alliance of Young Entrepreneurs in New Delhi
• Designed as a bridge between farmers and universities,
the 8th Agromax 2011, a summit to encourage farmers
to use innovative methods in agriculture, was held in
Coimbatore in November. Since its inception about
three and-a-half years ago, Agromax today has 11,000
farmers as its members.
• The 2011 edition of the G20 Young Entrepreneur
Summit (G20 YES) held in Nice, France, built on the
dialogue that began in Stresa, Italy (at the G8) and
continued at the G20 meetings in Toronto. The Summit
was attended by, among others, Mr Anand Mahindra,
Vice Chairman and MD, Mahindra & Mahindra, and 23
Yi members from 16 cities in India.
• The Nagaland Chapter of Young Indians welcomed 9
delegates from different parts of the country to the
annual Hornbill Festival, the cultural festival of the State,
in December. The inaugural function was attended by
Mr Nikhil Kumar, Governor of Nagaland, Mr Neiphiu
Rio, Chief Minister of Nagaland, and a host of other
ministers and dignitaries of the State.
in school children. The contest
encourages students to think about
conservation and sustainability
measures that can be implemented
within their school/community. The
winner gets a grant of Rs 7.5 lakhs
to implement its green ideas within
its campus. More than 100 schools
participated in the contest this year.
The winning team was from Sardar
Patel Vidyalaya, New Delhi.
• In an informative and interesting
session with Yi members in
Coimbatore,
Ms Vasundhara Raje Scindia,
Leader of the Opposition,
Rajasthan Legislative Assembly,
spoke about the different
communities of Rajasthan, and
policies in the State.