Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday, 11 August 2014

DESTINATION INDIA

Dear Chamber President ,

Here are some recent news re India , that your Member Firms may like to know :
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FRANCE

*  Dassault Aviation group about to sign contract with Indian Government for supply of 126 Rafale fighters , valued at $ 20 billion

*   Capgemini  CEO , Paul Hermelin , said in Mumbai :

" French companies have been investing 1 Billion Euros each annually here during the past 3 years in a row and I do see this trend continuing this year too. Total French investment in India , now stands at $ 19 Billion "

USA

*   United Technologies Corporation ( UTC ) President , Building & Industrial Systems - South Asia Pacific , Patrick Blethon , said in New Delhi  :

"  We are examining proposals to set up a factory in India . We already produce in India , Carrier brand air conditioners and OTIS elevators and export to neighboring countries "

*  Walmart Investments :

   >   Jan 2014........... $ 200 Million
   >   June 2014..........$  103 Million

*  Amazon

   >  Will invest $ 2 Billion by end 2015

*  General Electric

   >  Manufacturing / Transportation / Oil & Gas.....$  500 Million
   >  Rail Freight Modernization..........................  $   300 Million

*  Bank of America / Merrill Lynch  Survey says,

    " FIIs have already invested  $ 12 billion in India's Equity Market so far , this year , and expected to cross $ 15 billion "
 

GERMANY

Germany is  India's largest trading partner in Europe. Between 2000 and 2012 , the total foreign direct investment in India from Germany , was about $ 5.2 Billion.
There are at least  1,600 German companies active in India across sectors

*  Hubert Lienhard , chairman , Asia Pacific Committee  of German Business ( APA ) , says ,
"  Germany will invest in supplies and sub-supplies for the government's smart city project. The investment could be in the form of renewable energy supplies , water management among others for the smart city projects "

*  Juergen Fitschen , Co-CEO , Deutsche Bank and President , Association of German Banks , said ( referring to India's Bullet Train projects ) ,
"  We can offer support in anything that moves , be it air or rail."
Referring to India government's decision on FDI in Insurance Sector , he said,
"  Demographics in Europe make it difficult for the business such as insurance to grow. But in this field , India has got a lot of attraction to offer.
About 49 % is good to begin with but we are expecting more "

 *  Ulrich Grillo, President, Federation of German Industries (BDI ), said,

"  FDI in insurance and defense are also areas German companies are bullish about , but would like to see technology transfer associated with it "

*   German car-maker Audi starts production of its A3 model in India

CANADA

*  Canadian energy and utilities firm ATCO , placed an order worth $ 1.2 Billion on Indian software giant WIPRO , to manage information technology outsourcing

*  Canadian manufacturer , Datawind , decided to invest $ 30 million to expand its Amritsar-based factory in India, to turn out 5 million 3G/WiFi enabled UbiSlate 7c  tablets every year . Currently , Datawind holds 15 % of Indian tablet market share and plans to bring down the current selling price from $ 50 to $ 25 , by mid 2015

JAPAN

*  Mitsubishi is planning Mega Investments in ,

   >   Light Commercial Vehicles
   >   Import of LNG into India from British Columbia
   >   Freight Rail Corridors ( Delhi-Mumbai / Chennai-Bangalore )

*  Uniqlo ( Garment Retailer )

  >   A chain of 1,000 retail outlets in 5 years

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If your Member Firms wish to target India for expansion ( supplying / manufacturing / outsourcing ) , they need to know

*    Which Indian companies to approach
*    How to approach

At ,

www.B2BmessageBlaster.com  [  B2B  ],

they will find a database of 2,27,000 + Indian Companies , to whom they can send their messages, in a matter of minutes !

B2B is happy to be theirs ,  Gateway to India  !

with regards ,


Mumbai , India

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