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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    

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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

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