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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 MORTON
High Commissioner of
New Zealand to India
SATYENDRA JAIN
Cabinet Minister,
Government of Delhi
RAJIV WAHI
Head – International Business (EAM),
Escorts Limited
MUKUL DIXIT
President,
Indo Rama Synthetics India Limited
...AND MORE!
EXCLUSIVE INSIDE
MEIS
Change is constant. And here’s proof!
Do unstable rates imply a stable & effective scheme?
Apple
Attractive and lucrative
Newton. Adam and Eve. This fruit is popular!
8 THE DOLLAR BUSINESS II OCTOBER 2016
Volume: 3 Issue: 10 October 2016
www.thedollarbusiness.com
facebook.com/tdbIndia
twitter.com/TheDollarBiz
in.linkedin.com/in/thedollarbusiness/
INBOX
LETTERS TO THE EDITOR
Readers’ feedback, criticism,
and appreciation that hit our
mailbox in September 2016
MONOLOGUE
PEOPLE SPEAK
From 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’ONOMICS
FRESH APPLES
Zealous Indian importers of this
delectable fruit stand to make
some gains this season
GLOBAL CORPORATION
ESCORTSAGRI MACHINERY
A strategic transformation
initiative shows signs of
early success
POLICY FOCUS
MEIS
Can frequent amendments
to the scheme give a fillip to
India’s exports?
SME CORNER
GRIND MASTER MACHINES
This dynamic company is a
preferred vendor to global
automotive giants
SATYENDRA KUMAR JAIN
CABINET MINISTER, GOVERNMENT OF DELHI
Elaborates on the potential of the capital city of India,
in terms of generating better business prospects
COVER STORY28
President (VMPL) : Steven Philip Warner
& Editor-in-Chief
EDITORIAL & RESEARCH
Editor : Manish K. Pandey
Executive Editor : Indranil Das
Associate Editor (Print) : Andres M. Molier
Associate Editor (Online) : Sheela Mamidenna
Senior Editors (Print) : Niladri S. Nath, Proyashi Barua
Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan,
Sairaj Iyer
Assistant Editors (Online) : Aamir Hussain Kaki
Principal Correspondent : Deepak Kumar
EDITORIAL CONSULTING BOARD
Founder & Editor : Anil Goyal
Publisher : Avnish Goyal
Chief Consulting Editor : Dr.A. K. Sengupta
Editorial Advisors : Dr. N.K. Goyal (CMAI),
Atul Kumar Saxena (IIA)
ADVERTISEMENT SALES & MARKETING
Associate Vice-President : Lalit Seth
Deputy GeneralManager : Roosevelt Fernandes
AssistantManager : Maitreya Biswas
SeniorExecutive : Ayesha Fatima
InternationalRepresentatives
Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256)
London(UK) : S. Puri (+44 207 376 1996)
ART & PHOTOGRAPHY
Art Director : Sujesh Kumar G.
Senior Designer : Shaik. Masthan Vali
Designer : Gopal Ganesh Reddy
Photographer : Dileep Kumar
THE DOLLAR BUSINESS ONLINE
Project Managers : Sridhar Bodla, Omar Larzi
SEO Manager : Sangameshwar Soma
SEO Specialist : Praveen Kukunarapu
Asst. Mgr. (Data & Metrics) : C. Dileep Reddy
Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad
CIRCULATION, SUBSCRIPTION & DISTRIBUTION
General Manager : S. S. Sudesh
Manager - Subscriptions : M. Vinay Kumar
Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey,
Rajneesh Laroiya
ALLIANCES & COMMUNICATIONS
Sr. Manager : Rasanpreet Kaur
Deputy Manager : Anupama Polasa
Asstt. Manager : Sravya Palakuru
FINANCE & LOGISTICS
Manager : Parchuri Jhansi
PRINTER
Kala Jyothi Process Pvt. Ltd.,
1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
PUBLISHED AT
5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN
FOR EDITORIAL/CONTENT
Email: editorial@thedollarbusiness.com
FOR ADVERTISEMENT
Email: ads@thedollarbusiness.com
FOR SUBSCRIPTION
Email: subscription@thedollarbusiness.com . +91-40-67609999
For queries / comments you can send us an SMS at +91-888-633-1947
© Copyright 2016
No 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.
Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad,
Hyderabad - 500 020, Telangana.
GRAHAME MORTON
NEWZEALAND’SHIGHCOMMISSIONERTOINDIA
Talks about strengthening social, economic and
political ties between India and New Zealand
10
12
76
80
86
90
14
20
72
24
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.
EXPORT
TEMPLES
OF INDIA
AutofinLimited:Reg.Corporateoffice:MarutiSuzukiCar,SurveyNo.33,Bowenpally,Secunderabad-011,Telangana.
Ph:04067252222,Mobile8886240000,eMail:telesales.bwp@autofinlimited.net,www.autofinlimited.co.in,24x7Helpline:8885040120
A
SPECIAL
GIFTHAMPER
Toallthe
customerswho
takeapictureof
theadinTDBand
showitattimeof
booking.
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
Subscribe to read the
full magazine

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TDB October 2016 Issue Preview

  • 1. 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 MORTON High Commissioner of New Zealand to India SATYENDRA JAIN Cabinet Minister, Government of Delhi RAJIV WAHI Head – International Business (EAM), Escorts Limited MUKUL DIXIT President, Indo Rama Synthetics India Limited ...AND MORE! EXCLUSIVE INSIDE MEIS Change is constant. And here’s proof! Do unstable rates imply a stable & effective scheme? Apple Attractive and lucrative Newton. Adam and Eve. This fruit is popular!
  • 2. 8 THE DOLLAR BUSINESS II OCTOBER 2016 Volume: 3 Issue: 10 October 2016 www.thedollarbusiness.com facebook.com/tdbIndia twitter.com/TheDollarBiz in.linkedin.com/in/thedollarbusiness/ INBOX LETTERS TO THE EDITOR Readers’ feedback, criticism, and appreciation that hit our mailbox in September 2016 MONOLOGUE PEOPLE SPEAK From 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’ONOMICS FRESH APPLES Zealous Indian importers of this delectable fruit stand to make some gains this season GLOBAL CORPORATION ESCORTSAGRI MACHINERY A strategic transformation initiative shows signs of early success POLICY FOCUS MEIS Can frequent amendments to the scheme give a fillip to India’s exports? SME CORNER GRIND MASTER MACHINES This dynamic company is a preferred vendor to global automotive giants SATYENDRA KUMAR JAIN CABINET MINISTER, GOVERNMENT OF DELHI Elaborates on the potential of the capital city of India, in terms of generating better business prospects COVER STORY28 President (VMPL) : Steven Philip Warner & Editor-in-Chief EDITORIAL & RESEARCH Editor : Manish K. Pandey Executive Editor : Indranil Das Associate Editor (Print) : Andres M. Molier Associate Editor (Online) : Sheela Mamidenna Senior Editors (Print) : Niladri S. Nath, Proyashi Barua Assistant Editors (Print) : Neha Dewan, Ahmad Shariq Khan, Sairaj Iyer Assistant Editors (Online) : Aamir Hussain Kaki Principal Correspondent : Deepak Kumar EDITORIAL CONSULTING BOARD Founder & Editor : Anil Goyal Publisher : Avnish Goyal Chief Consulting Editor : Dr.A. K. Sengupta Editorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA) ADVERTISEMENT SALES & MARKETING Associate Vice-President : Lalit Seth Deputy GeneralManager : Roosevelt Fernandes AssistantManager : Maitreya Biswas SeniorExecutive : Ayesha Fatima InternationalRepresentatives Seoul(SouthKorea) : Justin Yoon (+82-2-6241-4256) London(UK) : S. Puri (+44 207 376 1996) ART & PHOTOGRAPHY Art Director : Sujesh Kumar G. Senior Designer : Shaik. Masthan Vali Designer : Gopal Ganesh Reddy Photographer : Dileep Kumar THE DOLLAR BUSINESS ONLINE Project Managers : Sridhar Bodla, Omar Larzi SEO Manager : Sangameshwar Soma SEO Specialist : Praveen Kukunarapu Asst. Mgr. (Data & Metrics) : C. Dileep Reddy Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad CIRCULATION, SUBSCRIPTION & DISTRIBUTION General Manager : S. S. Sudesh Manager - Subscriptions : M. Vinay Kumar Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey, Rajneesh Laroiya ALLIANCES & COMMUNICATIONS Sr. Manager : Rasanpreet Kaur Deputy Manager : Anupama Polasa Asstt. Manager : Sravya Palakuru FINANCE & LOGISTICS Manager : Parchuri Jhansi PRINTER Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN PUBLISHED AT 5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN FOR EDITORIAL/CONTENT Email: editorial@thedollarbusiness.com FOR ADVERTISEMENT Email: ads@thedollarbusiness.com FOR SUBSCRIPTION Email: subscription@thedollarbusiness.com . +91-40-67609999 For queries / comments you can send us an SMS at +91-888-633-1947 © Copyright 2016 No 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. Printedat:KalaJyothiProcessPvt.Ltd.,1-1-60/5,RTCCrossRoads,Musheerabad, Hyderabad - 500 020, Telangana. GRAHAME MORTON NEWZEALAND’SHIGHCOMMISSIONERTOINDIA Talks about strengthening social, economic and political ties between India and New Zealand 10 12 76 80 86 90 14 20 72 24 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. EXPORT TEMPLES OF INDIA AutofinLimited:Reg.Corporateoffice:MarutiSuzukiCar,SurveyNo.33,Bowenpally,Secunderabad-011,Telangana. Ph:04067252222,Mobile8886240000,eMail:telesales.bwp@autofinlimited.net,www.autofinlimited.co.in,24x7Helpline:8885040120 A SPECIAL GIFTHAMPER Toallthe customerswho takeapictureof theadinTDBand showitattimeof booking.
  • 3. 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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