The-business-tycoons-magazine-Aug-2020

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GLOBAL INDIA BUSINESS FORUM PRESENTS

THE BUSINESS

TYCOONS SECTOR REVIEW .. GOLD SECTOR MANUFACTURING SECTOR

ACTIONS DELIVER RESULTS

AUGUST 2020 BUSINESS OPPORTUNITIES IN

SOUTH AFRICA MALI

INDRAJIT GHOSH GLOBAL AMBASSADOR OF AHRI FOR SAARC COUNTRIES.

ANIRUDDH MUKHOPADHYAY FOUNDER MAPLEROADS IMMIGRATION

GIBF

"Everyone has the KEY, its just a matter of using it right”


THE BUSINESS TYCOONS ACTION DELIVER RESULTS Magazine

August - 2020

About GIBF GIBF Webinar Series Memorandum Of Understanding - GIBF “Having an Angel to Watch Over You is Cool! But Do You Know What's Really Cool? An Angel With Money!” Why Join GIBF Aniruddh Mukhopadhyay - Founder & Chairman - Mapleroads Immigration Baljinder Singh Rathour Director/ Founder, London Investment Immigration Education Ltd., London Online College Ltd. Indrajit Ghosh - Global Ambassador Of AHRI for SAARC Countries. Sector Review - Gold Charles Owusu Akyea Managing Director, Regeneration Development Agency Shubham Maheshwari - Founder, Being Chef Top Mergers & Acquisitions Ragunath Manoharan - CEO, RM Group Infocus: South Africa Devendra Chougule - Founder, Texone Group Engineering Excellence Awards Sector Review - Manufacturing Infocus: Mali Upcoming GIBF Joints Events & Trade Fairs Past GIBF Joints Events & Trade Fairs

GIBF’S STRENGTH

04 05 08 09 Associate Members

90,000+

10 12 14

Members from

78 Countrie’s

16 19 21 Business Affiliations

250

22 24 26 27 32 34 35 39 46 48

5000+ Corporate Members

No part of this publication may be reproduced by any means without prior Contact Information permission from Editor. For Subscriptions / For Advertising / For Article Reprints or GIBF Magazine is not responsible for statements made or for opinions Permission to use GIBF Associates Private Limited expressed in the articles published in this volume and Publisher accepts no email: info@gibf.biz Website : www.GIBF.biz responsibility for accuracy of information, errors or omissions and rejects any or call at +91 85302 46006. content including text, photos, illustrations and logos: claims arising out of any actions which the company or individual make on the Use of GIBF Associates Private Limited content without the basis of information contained herein. express written permission of GIBF Associates Private Limited All rights reserved. Title is protected through a Copyright registered with India or copyright owner is expressly prohibited. Patent & India Copyright Act 1957. GIBF Associates Private Limited. Copyright © 2019 Editor - Ms. Aishwarya Joshi Publisher - GIBF Associates Private Limited, India.

Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com


President’s Message As the COVID-19 pandemic is gripping the world, it has adversely affected the market opportunities for business in various sectors as well. Different sectors are facing different kinds of problems, be it in terms of investment, business profits, financing of projects or producing goods to bridge the gap between demand and supply. Thus these factors are negatively affecting a company's ability to cash-in on the latest market opportunities. Not only have the market opportunities been affected, but the mode of conducting business has changed too. Sometime ago, when there was an option to conduct physical business, with the pandemic that option is scarcely available today. Nowadays, businesses in various sectors are going online to catch up with the trend of 'going digital'. The construction sector, for example, is coming up with a unique tool called 'COVID Space Planner' which will help the sector come up with innovative ideas to keep workplaces safe and free from the pandemic. The customer's expectations have also increased from these companies as a customer would always want high quality and hygienic products especially during trying times like these. However, customers also fear of contracting the virus through physical contact with shopkeepers and hence small-scale groceries and other brick-and-mortar businesses have seen a steep decline in their revenues. With all the things going on around the business world, it is now even more important to deeply analyse the business that has been done before COVID-19. This might give businessmen a good idea of how to move ahead during these difficult times. It is equally, if not more, important for businessmen to be practical about their ambitions. This is clearly not the time to take giant leaps of faith or become overambitious, while taking business decisions which might result in doing more harm than good.

While there is a lot of chaos around, it is a crucial time for businessmen to turn into visionaries for their businesses and look for international opportunities or opportunities they can create during this time. It is important now, more than ever, to have a long-term vision when it comes to growth of their business. And Global India Business Forum (GIBF) will help these countries have a global reach as it is a networking platform that helps businesses identify business opportunities in other countries and helps explore them. GIBF also helps businesses connect with different embassies, thus enhancing a business's opportunity creation ability. GIBF also plans to bring in delegates representing different countries which will further help businesses across different spectrums connect with these delegates on a deeper level. Also, as businessmen, you are always on the lookout for ways to grow your business and your business can grow only when people know that your business exists. And there is no better way for people to know about your business than advertise your company in The Business Tycoons magazine. The main reasons why you must choose this magazine are because your promotions for your business can reach up to 20 million businesses and you can also connect to more than 160 different websites on the GIBF platform that will help you get a better idea of who can be your ideal business partner. The current phase that we as individuals and businessmen are going through is no doubt, a challenging one. However, getting stuck to the negative aspects of this phase is of no use. It is important to stay positive and look for opportunities in the next year, i.e. 2021. There is still hope for businesses to prosper as there might be chances of generating better business and revenues in future. Hence, it is important to not lose sight of your goal and keep going with your heads held high.

Dr. Jitendra Joshi Global President – Global India Business Forum

Global India Business Forum THE BUSINESS TYCOONS ACTIONS DELIVER RESULTS e- Magazine : Up to date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com


About GIBF India is a fast growing country and an emerging Super Power. With Indian Government's drive for “Make in India" and “Skill Development”, there are ample opportunities for both Indian and Global companies to run start-ups and make exponential growth in all business sectors. In such a dynamic and vibrant business scenario, to promote synergy, a need for the formation of a common platform was felt. The idea was perceived and progressed further by Dr. Jitendra Joshi, a successful businessman and visionary who has over a 25+ glorious years of experience, in Manufacturing and Service Industries at Senior Level Management in numerous MNCs.

To fulfil this need and to bring together business professionals from various segments like Automobile, Engineering, FMCG, Chemical, Pharmaceuticals, Electronics, Heavy Metal, Service Industry etc, Global India Business Forum (GIBF) was created. GIBF will consist of members from all fields of business, industry, academics and other professions without any segment boundaries. GIBF has its head office in Delhi, Corporate Office in Pune, India and Global offices in Dubai, USA, UK, Singapore and China. It also has at presence Mumbai, Chennai, Ahmedabad, Kolkata & in all other metro-cities of India.

VISION

MISSION

VALUES

Creating and building a World Business Community for the prosperity of businesses globaly.

To provide a common platform for businesses and entrepreneurs to share their ideas & experiences for entrepreneurial development.

We value holistic growth, humanistic diversity and are committed to professionalism, excellence, community involvement, accountability and timely progress with ethical values.

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GIBF WEBINAR SERIES ICIB & MAURITIUS

Indian Chamber of International Business (ICIB) had conducted a webinar on the topic “Doing Business with Mauritius: India's Gateway to Africa” in association with Global India Business Forum and the Consulate of the Republic of Mauritius, which saw experts of the business and commerce world discuss about the potential of Mauritius as a country to generate attractive business opportunities for other countries across the world. The panelists of the event were some of the most renowned experts of their fields. These panelists were Mr. Seewraj Nundlall, Counsellor, Consulate of the Republic of Mauritius and Mr. Vishwajeet Cheetoo, Officer in-charge, Consulate of the Republic of Mauritius. The meeting also included other panelists like Mr. Javin P. Oza, President, Indian Business Council, Mozambique, Mr. Saurav Chatterjee, Director and CEO, CARE Ratings (Africa) Pvt. Ltd., Mr. Manpreet Singh, President, ICIB, Ms. Anjali Jalota, Commercial Representative, High Commission of India, Mauritius among others. Dr. Jitendra Joshi, Global President GIBF was also present as a fellow panelist.

GOVERNMENTS' FOCUS ON SAVING LIVES AND LIVELIHOODS Mr. Seewrag Nundlall pointed out that the main focus of each country due to the pandemic has been to save lives and livelihoods of their people. The economic activities have taken a hit to such an extent that almost all the countries are on the verge of an economic breakdown and the world economy has slowed down to a great extent. The need to use the digital platforms to keep businesses going has now become the need of the hour and it is now important to focus on these digital platforms to ensure that businesses recover from their losses.

INCREASE IN E-COMMERCE ACTIVITIES AND STRAIN ON SUPPLY CHAIN: One of the examples that Mr. Nundlall pointed out was the enormous increase in the e-commerce activities and this rise is being particularly observed in the healthcare sector, with medicine supply becoming an online process. In short, the pandemic has opened up new markets in the e-commerce industry. However, he is also quick to talk about the flip-side of this situation which is an increased disruption in the supply-chain activities. Governments across the world are becoming over-dependent on a few strong suppliers which is creating a strain on the entire supply-chain.

MAURITIUS AS A POTENTIAL TRADING PARTNER However, Mr Nundlall also spoke about Mauritius being the most favoured country for doing business in Africa as the country is a part of many regional trading blocs, i.e. Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC). Many Indian companies that have their manufacturing plants in Mauritius enjoy duty-free access to these markets which possess a combined market potential of 600 million consumers. And hence, CFDA will provide a single platform to traders and consumers of Africa, thus exposing the true trading potential of Mauritius as a trading partner. 5


GIBF WEBINAR SERIES EVENT & ENTERTAINMENT INDUSTRY

GIBF had conducted a webinar on August 31, 2020 on the topic “Future of the Entertainment Industry” which saw experts from the entertainment industry discuss the problems faced by the industry during the pandemic. The webinar saw experts like celebrity choreographer Dr. Sandip Soparrkar, Bollywood singer and music composer Miss Vaishali Samant, aMarathi actor and anchor Mr. Pushkar Shrotri and CMD, Planet Marathi & Producer Akshay Bardapurkar, who talked about how the industry has faced a complete slowdown due to the cancellation of events. Dr. Soparrkar, one of the panelists confessed that the recovery stage of the entertainment industry would be very slow as the industry would need a lot of support from all sided to get the entire industry back to normal. Ms. Vaishali, on the other hand, stated that now that everyone is using digital media of some kind, it is a boon of sorts for music professionals as with the help of digital media, they would be able to have a wider audience for their music.

POPULARITY OF DIFFERENT GENRES OF MUSIC DURING LOCKDOWN Ms. Vaishali also pointed out that there is a rise in the popularity of indie music and the artists associated with Indie music are gaining immense popularity thanks to the huge number of social media platfroms that make it easier to access the music albums of these Indie artists. This has given rise to healthy competition between music label magnates and indie artists to give the best possible experience to the listeners. Also, many of these label honchos are bringing many independent artists on-board to give a platform to their music which would help them gain a wider reach. She also said that the music industry has now gone global where people across the world now have access to different kinds of music and that the borders of music are now blurred.

NEW OTT PLATFORMS AND 'DIGITAL THEATRE' Renowned actor and filmmaker Mr. Pushkar Shrotri pointed out that when people approached him for live shows, he asked the organisers to charge a small fee for attending the shows and also charged a small remuneration. The people were willing to pay and watch as long as they produce quality content to the audience. He also identified the need to bring in an older audience so that they are also able to benefit from the OTT (Over the Top) platforms during the lockdown. And this is how the first Marathi OTT platform 'Planet Marathi' was born between December and January 2019. This platform is literature and theatre-based platform and has a Marathi theatre background of over 175 years! The platform would showcase content for all ages, right from 8-year-olds to 80-year-olds. The main focus of this platform is to give the highest possible quality content and to break away from the assumption that all OTT platforms have nudity and abusive content in them. Mr. Shrotri hopes to bring the entire Marathi entertainment industry on his OTT platform 'Planet Marathi'. He, along with Mr. Akshay Bardapurkar are also planning to bring in the concept of 'Digital Theatre' wherein the audience can enjoy all the unreleased Marathi films on their 'Digital Theatre' from the comfort of their homes. 6


GIBF WEBINAR SERIES

ETHIOPIA

Global India Business Forum recently conducted a webinar on the topic 'Business Opportunities in Ethiopia' which saw the Counsel General of the FDRE Ethiopian Consulate, Mumbai, India as the chief guest of the webinar along with Dr. Jitendra Joshi, Global President, GIBF and Ms. Deepali Gadkari, Global Coordinator, GIBF. The Counsel General of Ethiopia spoke about how India and Ethiopia can come together to create great opportunities for conducting business in both the countries, thereby enhancing the business ties between these countries. He also said that Ethiopia has huge potential to create business opportunities in the field of agriculture, especially coffee cultivation as Ethiopia is popular for its coffee production. Ethiopia being the single largest exporter of flour also poses great business opportunities for other countries across the world. The country also imports a lot of machinery and agro-chemicals from other countries which is another great way creating investment opportunities in Ethiopia. He spoke about business opportunities being a means of partnership with other countries and strengthening trade relations thereby.

BUSINESS OPPORTUNITIES IN ETHIOPIA: Since coffee is the largest export of Ethiopia, a lot of businesses dealing with coffee and its by-products can be successfully established. In fact, Starbucks buys most of its coffee beans from Latin America with 2% coming from Ethiopia.The agriculture sector of Ethiopia is among the highest contributors to the country's economy, so much so that in 2019, the contribution of the sector to the country's GDP was 33.88%

IMPORTS AND EXPORTS OF ETHIOPIA Imports in Ethiopia amounted to around $8.4 billion in 2019, which was a decrease of -48.5%since 2015 and -13% between 2018 and 2019. China makes for 18% of the imports of Ethiopia, also making it the country's largest importer, followed by Saudi Arabia at 13% and the United States at 9%.Also, Ethiopia's exports formed 89.2% of the total value of the Ethiopian shipments to the world. Also, some of its main exports are primarily food and livestock.

TOP EXPORTS OF ETHIOPIA: Coffee, tea and spices were the chief exports of Ethiopia to the world with an export percentage of 32.6% of total exports. Oil seeds took the second place with 18.7% of total exports. Out of the above mentioned products, coffee has been the top scorer and has also resulted in giving highly positive net exports to the country. Ethiopia also has a stronghold in the tea and spices categories.

TOP IMPORTS BY ETHIOPIA Machinery formed the largest chunk of imports in the economy with 19.3% of total imports. The economy spent most of its finances in buying machinery like turbo-jets, centrifuges, filters and purifiers, refrigerators, liquid pumps and elevators and many more such items. Out of these imports, buying of refrigerators, freezers, turbo-jets and other miscellaneous machinery grew at the fastest pace between 2018 and 2019. 7


MEMORANDUM OF UNDERSTANDING - GIBF Global India Business Forum has signed MoU with ICIB, DCCIA & SGMA for recognizing the mutual interest & the benefits of support & combined efforts towards the development of business.

Indian Chamber of International Business Indian Chamber of International Business is one of the leading organisations in India that supports and assists Micro, small and medium companies to grow globally by means of increasing exports, importing the latest technologies and machinery, encouraging joint ventures with leading international companies, investing in developing and developed markets for growth and expansion, all while ensuring protection and sustainability of environment and our surroundings. To consolidate and organise the MSME sector of India. To take Indian companies global. To interact and take up causes of MSME with the government authorities. Interaction with foreign governments, agencies and associations. To partner with global chambers for betterment of Indian businesses Global India Business Forum has signed an MOU with TIIKM, AIPMA & MSMECCII for recognizing the mutual interest & benefits of support & combined efforts towards the development of business.

Deccan Chamber of Commerce Industries & Agriculture, Pune DCCIA Pune is one of the most active Chambers of Commerce in Maharashtra having strength of 180 members in and around the Industrial Belt of Pune. DCCIA strives to foster a congenial atmosphere for promotion and development of Industries in Industrial region. During the course of past 25 years, the Chamber has become an effective Intermediary in representing the Industry at the Ministerial and Departmental levels of the Government. One of the main objectives of DCCIA is to promote greater cooperation between member industries & to bring them on a common platform. DCCIA always endeavours to work towards maintaining peaceful and harmonious Industrial relations along this Industrial Belt of Pune. The Chamber also works to promote Foreign Trade and Global Business to the benefit of the members through tie ups with Foreign Chamber and other reputed organizations such as the World Trade Centre.

Solapur Garment Manufacturer's Association Solapur Garment Manufacturers Association (Sri Solapur Readymade kapad Utpadak Sangh) was formed for promoting garments manufactured in Solapur on Emarketplace. Solapur is an unexplored garments manufacturing market. Since Independence, the garments manufacturing industry exists in Solapur. More than 1000 Big & Small garments Manufacturers exist in Solapur. Solapur Garment Industry mainly produces School Uniform, Industrial Uniform, Mens Wear, Boys Wear, Girls Wear, Kids Wear Etc. Many manufacturers in Solapur are currently supplying garments made in Solapur to some big buyers around India. Garments manufactured in Solapur are also getting directly Exported from Solapur. 8


“Having an angel to watch over you is cool! But do you know what's really cool? An angel with money!” The Entrepreneurship Cell (E-Cell) of the Indian Institute of Technology Bombay hosted the sixth edition of 'The Ten Minute Million Challenge', as a part of its annual flagship event - The Entrepreneurship Summit on 1st and 2nd February 2020. TTMM aims to provide early-stage start-ups with an opportunity to cut short the fundraising process and revolutionize the way fund-raising is traditionally viewed. Nascent start-ups looking to raise an investment get an opportunity to do so in this on-thespot funding event. This time 8 startups out of a total of 500+ applicants made it to the final round. Each of them had 10 minutes to pitch their idea in front of an esteemed panel of angel investors and venture capitalists. The investor panel consisted of Ajeet Khurana; Sanjay Mehta- Founder & Partner 100X.VC; Anoop MathurFounder & President, CORE Media; Bharatt Banka, Angel Investor, and others. Out of the eight shortlisted startups, three startups Trawello, Scogo and Newsreach raised INR 8.4 Million, INR 2.6 Million and INR 1.6 Million respectively in the bidding process. These amounts raised by the startups were scaled down to an investment worth INR 1.6 Million. The previous five editions of TTMM have witnessed an overwhelming success. With 1 out of every 2 startups winning investors' praise with their pitches and investment worth INR 1.6 Million for every successful pitch, the event has received wide acclaim from experts as well as media.

Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com

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“Everyone has the KEY, it’s just a matter of using it right.”

WHY JOIN GIBF GIBF aims to form a Global Business Community for large scale international networking. The Business Tycoons - Magazine by GIBF is a fantastic platform to promote businesses reaching out to over 50 million businessmen and professionals globally GIBF knows the value of appreciation and hence, Award Ceremonies are organized at International, National and State level to recognize and appreciate successful brands, business leaders and young entrepreneurs. Furthermore, various 'Success Stories' are acknowledged and appreciated by the forum in a special edition of the The Business Tycoons - Magazine and on digital social media platforms. GIBF is an excellent platform to promote Trade fairs from across the globe, where you are also guided with the best Trade fairs to participate in, and to broaden your business horizons. You can register for such Trade fairs through GIBF. GIBF helps its members to get valuable information of important tenders for big projects, contracts and procurements. The forum provides help, representation and guidance to companies or entrepreneurs in matters involving Government Authorities and Agencies. GIBF is a one stop centre for all business development activities and it is confident of opening up potentially important markets as well as great business avenues for its members.

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Mapleroads Immigration is very systemdriven and follows a very structured approach wherein the steps involve a thorough assessment of the client's profile, eligibility check followed by an initial consultation, document review, paperwork, documentation and submission. A career overseas is a very fulfilling experience. However, it can also be a bit daunting in the initial phase. Mapleroads Immigration strives to make it a smooth transition. For them, the client is not just a number. They want each client to come out with flying colours as their success lies in the success of their client!

Aniruddh Mukhopadhyay About Mr. Aniruddh Mukhopadhyay

Founder Mapleroads Immigration Career Beginnings and Starting a Business Since his childhood days, Mr. Aniruddh Mukhopadhyay dreamt of becoming a successful entrepreneur. He had his goals set from the very beginning. Canada was his dream destination. He started planning to move to the land of his dreams for a bright future and a world class lifestyle as soon as he completed his high school. Back in the day, when he came to Canada for the first time, he was amazed to see how cosmopolitan and diverse it was. There were people from all over the world, even from countries he had never heard of. Canada has been the land of immigrants dating back to the first European colonizers of the 16th century. The waves of immigration have never stopped since and only got stronger with time. More recently, Canada has seen the greatest influx of immigrants and students from India. Hailing from India himself, he knows how thousands of aspiring candidates get misguided and cheated by agents claiming to be immigration experts. Hence, he decided to study immigration law in Canada and become a licensed counsel to offer the right advice and guidance on Canadian immigration matters to people who want to make their dreams come true. Currently, Aniruddh Mukhopadhyay, RCIC is a member in good standing of the designated regulatory body (ICCRC). In Canada, ICCRC is the national regulatory body that promotes and protects the public interest by overseeing regulated immigration and citizenship consultants and international student advisors. ICCRC's federal mandate stems from the Immigration and Refugee Protection Act (IRPA) and the Citizenship Act which require anyone providing Canadian immigration or citizenship advice or representation for a fee or other consideration to be a member in good standing of ICCRC. Exceptions are members in good standing of a law society in Canada or the Chambre des notaires du Québec. Individuals providing Canadian immigration/citizenship services abroad are subject to Canadian law even if they reside outside of Canada. Aniruddh Mukhopadhyay, RCIC provides legal advice on Canadian immigration matters, in compliance with the regulations set by ICCRC.

Introduction to Mapleroads Immigration Aniruddh Mukhopadhyay, RCIC is the founder of Mapleroads Immigration, a Canadian immigration firm based out of Toronto, Ontario, Canada. It is registered with the designated regulatory body (ICCRC) in Canada and licensed to offer Canadian immigration assistance. It offers a plethora of services including assistance with student visa, Permanent Residence, Express Entry, Federal Skilled Worker program, PNP, spousal sponsorship, spouse open work permit, family sponsorship, start-up visa program, business/ investor programs, refugee, protected person, H&C application, super visa, visitor visa, LMIA, Temporary Foreign Work Permit, Temporary Resident Visa, PGWP, post-landing services in Canada and other immigration related services. You name it, they do it!

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Mr. Aniruddh Mukhopadhyay, RCIC is an alumnus of CDI College (Canada), Erasmus University Rotterdam, and National University of Singapore. He studied immigration law in Canada and is a member in good standing of the designated regulatory body (ICCRC) in Canada. He is a licensed immigration counsel and provides legal advice on Canadian immigration matters. Mr. Mukhopadhyay was awarded by Erasmus Centre for Entrepreneurship during his college days. He was selected for the coveted LaunchLab program at YES!Delft, one of the leading business incubators in Europe. Vision and Mission Vision: Mapleroads Immigration aims to be the most trusted and largest Canadian immigration firm with a global presence by 2025. Mission: Mapleroads Immigration is committed to provide honest, ethical and solution-oriented immigration advice and maintain its credibility and consistency in all its endeavours! Mapleroads I m m i g ra t i o n h a s a c l i e n t - c e n t r i c philosophy and customer satisfaction is its utmost priority.


USP of Mapleroads Immigration There are numerous immigration firms across the world which offer Canadian immigration advice but are not authorized to do so by the Canadian designated regulatory body (ICCRC). These are usually agents without any presence in Canada who claim to be Canadian immigration experts. However, the Immigration and Refugee Protection Act (IRPA) and the Citizenship Act of Canada require anyone providing Canadian immigration or citizenship advice or representation for a fee or other consideration to be a member in good standing of ICCRC. Exceptions are members in good standing of a law society in Canada or the Chambre des notaires du Québec. Individuals providing Canadian immigration/citizenship services abroad are subject to Canadian law even if they reside outside of Canada. MAPLEROADS IMMIGRATION is a Canada-based immigration firm run by Mr. Aniruddh Mukhopadhyay, RCIC, who is a member in good standing of ICCRC. They also provide post-landing support in Canada.

Past and Current Challenges Faced by Mapleroads Immigration The immigration industry is a very sensitive industry because there have been many instances of fraudulent activities and scams over the years. There are numerous unauthorized agents in South Asia and other parts of the world who claim to be experts in Canadian immigration law without any formal education or training whatsoever. They have earned a bad reputation for the industry at large and most people view everyone in the immigration industry with suspicion. Initially, people did not know how Mapleroads Immigration is different because not many in South Asia and other countries are aware of the Canadian designated regulatory body (ICCRC). Mapleroads Immigration educated a lot of people globally about the Canadian designated regulatory body (ICCRC) and members licensed by them to provide authorized legal advice on Canadian immigration matters. After spreading this awareness, people started acknowledging the credibility of Mapleroads Immigration and learnt about the difference between unauthorized agents and RCIC/ member in good standing of ICCRC.

Mantras of Success in the Business World Honesty is indeed the best policy! Perseverance is key! There is no alternative to hard work! Mutual respect builds the foundation for a strong client relationship! Don't keep planning, start executing!

Striking the Work-Life Balance Aniruddh loves traveling, road-trips, barbecues, music festivals and camping in his free time. He often indulges in crosscountry road-trips with his friends in Canada. Mr. Aniruddh also enjoys scuba diving and recommends Curacao as one of the best diving spots. Aniruddh is a globetrotter, he loves to meet people from diverse cultural backgrounds and understand their way of life. He is a sworn foodie and experiments with exotic cuisines.

Personal ideologies or Quotes Followed: Thou art a product of thy thoughts!

Expansion Plans and Other Business Avenues Mapleroads Immigration wants to expand its global presence, especially in India, Philippines, UAE, Vietnam, Africa, South America and the Middle East. Canada will admit 1.3 million immigrants across 2018-2021. One in four foreigners who got PR status in Canada in 2019 was an Indian. According to CIC NEWS, there were 642,480 Study Permit holders in Canada as of December 31, 2019 out of which 219,855 were Indians. Hence, the market is huge and Mapleroads Immigration will do its best to tap it.

Contact Us +16477681426

Work Culture and Philosophies

Website link

L: Labour U: Under

www.mapleroads.com

C: Correct Email Address

K: Knowledge

info@mapleroads.com mapleroadsimmigration@gmail.com

Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com

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Baljinder Singh Rathour Director/ Founder, London Investment Immigration Education Ltd. (LIIE), London Online College Ltd. (LOC)

My name is Baljinder Singh Rathour based in London. I am the Director/Founder of London Investment Immigration Education Ltd. (LIIE) and London Online College Ltd. (LOC). Prior to my birth, my forefathers had migrated from West Punjab, during the time of partition in 1947. This meant new beginnings whereby my father and his siblings worked incredibly hard to earn a living. As an adolescent, my father decided to join the Indian army as a Soldier and eventually retired with the rank of a Captain. Due to my father's career and several postings, I was exposed to various opportunities which allowed me to travel all over India and receive my education from government-led army schools. As a child, I was not a very studious boy and had a lack of interest in learning altogether. It wasn't until my 10th standard that I began to focus and take academic leaps. I graduated with a first-class honour in Science from Punjab University, Chandigarh. As I reached adulthood, I began to take inspiration from my father's work ethic and dedication and decided to join Forces under Ministry of Home Affairs where I provided 17 years of service along with undertaking specialist positions, playing a part in transforming Airport Security by training soldiers to overtake the security of 64 Airports of India in stages. I also led Commando Squads and worked as Head of the Crime and Intelligence Wings. Turning point – Success needs Risk… If I would have worked for 3 more years and completed 20 years, I would have got lifelong government pension, but I sacrificed my pension, as I was having bigger dreams, and hence quit Services in 17 years. Initially I went to the UK in 2002 and finally moved permanently in 2005. There, I commenced a job in Security in Deutsche Bank at Liverpool Street, London. Within 3 years of service, I was promoted to the position of a manager which was incredibly difficult considering that I was a migrant. The issue with my success stories is that every achievement leads me to next step as I feel stagnant after each goal is achieved and tend to move forward. After some time, I began to feel that London is a financial capital and is welcoming new businesses to grow. I began to explore myself and started utilising my existing knowledge and skills to invest in studying to become an Immigration Lawyer. This eventually allowed me to set up my own business in 2009 which specialises in processing different Visas 14

Investment business, work permits, student visas and permanent residency visas. Whilst my main focus was on offering services within immigration, I also occasionally worked with investors around the world under the company name 'Master of Franchise', to invest in popular brands in the UK. In between I have been a Radio & TV Presenter in London for more than a decade. The idea behind my business is to “invest in people”. I possess a passion for people who seek new beginnings and a fresh start at life in the UK and when I initially started up the company, I had a vision to support as many clients as possible throughout their ventures. The company was hugely successful from 2009 to 2013, after which there was a shortage of international students being able to study in the UK, due to the changes in immigration policies. Following this, I noticed a market for distance learning education where I created an online learning platform called London Online College (LOC) in 2016 in collaboration with Mr Richard Affolter (Codirector of LOC/CEO of Weba World International). This allows international students to access a variety of online courses and subjects which provide them with industry-recognised qualifications in collaboration with universities in the UK. Our vision for LOC is to expose the younger generation to advanced routes to learning which is easily accessible in the comfort of their own home. Our Unique Selling Point (USP) is the fact that we offer courses in 150+ languages, 1000+ professional courses and pathway Degree programs to UK Universities.I am a firm believer in working hard and reaping benefits. As a child, I have been taught that there is always a way to find a solution to problems and challenges that I may face throughout my lifetime. This contributes to the feeling of never being stagnant in whatever it is I choose to undertake and giving my best towards every aspect of my life be it career or personal life. My mantra to reach success in the world of business is to never allow any failure to give way to setbacks. Every downfall has led me towards my launching pad, and I have used it to jump and achieve higher. Every failure gave me new ideas and opportunities. I was quick in making decisions. The right decisions helped in moving forward, the worse decisions taught me lessons. There was always an inner strength guiding me, beholding me, strengthening me, & I call it Almighty. I wish to take further the London Online College to larger platforms by partnering with educational entrepreneurs. We are looking forward to Franchise London Online College Worldwide and facilitate exposure around the globe making quality education, reachable and affordable to everyone. We are also taking Canadian School System around the Globe. We look forward to welcome best talent and Investors from around the World to United Kingdom. We belong to the world and the world belongs to us, let us bring peace and happiness leading to smiles around us. The story still goes on...


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Indrajit Ghosh Global Ambassador of AHRI for SAARC Countries.

Committee members of MRAI, Director Sales & Marketing in Resource E-waste Solutions PVT Limited. He is also an active member of IPI AIPMA, FIEO, ASSOCHAM, PHD CHAMBER, CII & FICCI. he wore during his career is endless.

SAARC Global Ambassador for AHRI Mr. Indrajit Ghosh is the Global Ambassador of AHRI for SAARC Countries. This prestigious title itself speaks volumes of his experience in the corporate field, and having completed 34 years in a cut-throat corporate world is no mean feat either. Not only that, he is also currently the Chairman of the MSME Chamber of Commerce and Industry of India.You could write a book on his academic and professional achievements because that is how rich his life both academically and professionally has been. Moreover his achievements just go on to show his perpetual hunger for learning and how clear he was regarding achieving his goals. And that hunger is still burning within him even 34 years later. Early Life and Academics Mr. Indrajit Ghosh is a Mechanical Engineer hailing from Howrah, West Bengal. He began his schooling from Bengal Engineering College Model School. He then went on to do double MBA from the Institute of Management (IMT) Ghaziabad and MBA from International Business Management Institute (IBMI) from Berlin, Germany.Mr. Ghosh has completed a host of diplomas in different fields like Diplomas in Circular Economy from Malaysia, and several diplomas from IBMI, Germany like Business Management, Sustainable Management, Global Governance and Digital Information. Career Highlights Mr. Ghosh has successfully completed 34 years in the corporate world, particularly in the Plastics and Packaging industry, with incredible work in different fields that would benefit the environment and mankind in the future acting as his testimonies. Out of the 34 years of his global experience, 10 years were dedicated to experience in Plastic Recycling, Waste Management, Environment, Climate Change, Air Pollution, Renewable energy, Biogas, Start-ups, and the list goes on and on.He also writes articles on Plastics, Packaging & Recycling at Oriented UK, IPI, All India Flexible Packaging Association and so on.He left Uflex in December 2011 and started his own business. He is also the Lifetime Member of ICEMI, which is one of his closest friends Mr. Sandeep Marwah's organizations.Mr. Ghosh has vigorously travelled to different parts of the world; he has travelled to more than 40 countries to be precise and has successfully networked and connected with industry stalwarts across the globe.He has also closely worked with the Prime Minister's Office (PMO) and the central ministry for various initiatives by the Centre like the Clean India, Make in India and Green India initiatives. He has also actively participated in helping MSME organisations to grow as this would help the Indian economy in its growth in the future and hence MSMEs form an integral part of the economy.He is also the member of the National Team of Shisht Bharat, which advocates World Peace and Cooperation among people living in the same society. He is also the MD of Dynamic Outreach Private Limited & MGNG Global Events LLP, Advisor for Global India Business Forum, Global Advisory Board member of Recyclers Foundation, Industry Advisory Board member - Amity University, Plastic 16

Personal Life He has a small family consisting of one daughter, who is presently working for the last 4 years in New York and is staying in Times Square. His son has completed his masters in International Business from Monash University, Melbourne and is working for the last 3 years in Melbourne. On the other hand, his wife is the Director of Springer India, the largest Book & Journal publishers in the world, having their head office at Heidelberg, Germany.

Charity Work Mr. Ghosh is also involved in a lot of charity work as he always tries to find ways to give back to the society in whatever way he can. Hence, he is now working to start a big project of Waste Management in a North Indian State with 1000 Tons waste being generated every day to make Biogas to the state citizens. He is also associated with a Cancer Society and with AntiCorruption Foundation of India. His immense contributions towards breaking the COVID stigma around the pandemic and its patients has resulted in him being awarded with the Certificate of Kindness by World Records Biennale for “spreading kindness digitally”.


Awards, Recognition and Honours

While working for Sintex Industries Limited, Mr. Ghosh received the Best Performer of the Country continuously from 1988 to 1993. And during his career at Uflex also he received several awards along with 6 promotions. He was also facilitated with the highly prestigious Kotler award (named after the Guru of Management Dr. Philip Kotler) of Global Leader in Plastics, Packaging and Recycling at the World Leadership Summit organised by the Global Triumph Foundation in New Delhi, where he was invited as the Guest of Honour.Apart from these highly prestigious awards and accolades there are more than 170 awards and certificates to his name, taking a place of pride in his awards shelf! He has also been honoured with his immense contributions towards breaking the COVID stigma around the pandemic and its patients and he has received nearly 65 appreciation certificates as of now.Among many honours he has received till date, the ultimate honour for Mr. Ghosh had to be when he was awarded the AHRI Global Ambassador for the entire SAARC countries. He will play a vital role on Human Rights, Youth Rights, Environmental protection, Trafficking, Child welfare and many social issues.

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Gold Related Business ideas & Opportunities for 2020

SECTOR REVIEW - GOLD

Direct ownership Direct ownership of gold means an investor owns an entire gold bar or ingot in his/her full name. The big disadvantage to owning gold is that it tends to trade with a wide spread between bid and ask prices, so there is a tendency that one might not make so much profit from it. Gold exchange-traded funds An exchange traded fund (ETF) is a type of mutual fund that trades on a stock exchange like an ordinary stock. ETF offers a practical way to hold gold in an investment portfolio. The ETF's exact portfolio is fixed in advance and does not change. Gold ETFs provide investors with exposure to gold by tracking the price changes of gold. This allows investors to profit from gold price changes without having to own the physical asset.

Gold is a chemical element with the symbol Au and atomic number 79, making it one of the higher atomic number elements that occur naturally. In a pure form, it is a bright, slightly reddish yellow, dense, soft, malleable, and ductile metal. Chemically, gold is a transition metal and a group 11 element. It is one of the least reactive chemical elements and is solid under standard conditions. Gold often occurs in free elemental (native) form, as nuggets or grains, in rocks, in veins, and in alluvial deposits. It occurs in a solid solution series with the native element silver (as electrum) and also naturally alloyed with copper and palladium. Less commonly, it occurs in minerals as gold compounds, often with tellurium (gold telluride's).Gold is resistant to most acids, though it does dissolve in aqua regain (a mixture of nitric acid and hydrochloric acid), which forms a soluble tetrachloroaurate anion. Gold is insoluble in nitric acid, which dissolves silver and base metals, a property that has long been used to refine gold and to confirm the presence of gold in metallic objects, giving rise to the term acid test. Gold also dissolves in alkaline solutions of cyanide, which are used in mining and electroplating. Gold dissolves in mercury, forming amalgam alloys, but this is not a chemical reaction.

Gold mutual funds By definition, mutualized gold is a means to own gold alongside other investors (mutualization). This basically means that the same gold bar is owned by many investors, with each owning a part. For people who are hesitant to invest in physical gold, but still desire some exposure to the precious metal, gold mutual funds provide a helpful alternative. These funds hold portfolios of gold stocks. Start a Junior gold mining company A junior mining company is an exploration company that looks for new deposits of gold other precious minerals. These companies target properties that are believed to have significant potential for finding large mineral deposits. Junior exploration companies are a major source of future mine supply. Start senior gold mining company

Color

A senior gold miner simply refers to the largest producers that have an established position, more liquidity, and therefore are considered to be the less risky of the gold producers. The reason an investor would buy a senior gold mining stock is to leverage upside to the price of gold. In other words, when the price of gold rises, a senior gold miner would, in theory, outperform the gold price because it is increasing its gold production.

Gold is the most malleable of all metals. It can be drawn into a wire of single-atom width, and then stretched considerably before it breaks.] Such nanowires distort via formation, reorientation and migration of dislocations and crystal twins without noticeable hardening. A single gram of gold can be beaten into a sheet of 1 square meter, and an avoirdupois ounce into 300 square feet. Gold leaf can be beaten thin enough to become semi-transparent. The transmitted light appears greenish blue, because gold strongly reflects yellow and red. Such semi-transparent sheets also strongly reflect infrared light, making them useful as infrared (radiant heat) shields in visors of heat-resistant suits, and in sun-visors for spacesuits. Gold is a good conductor of heat and electricity.

Become a gold streamer Gold stocks are known to be quite risky, as not only can the price of gold impact returns, but other production issues can also affect the metal. Building a new gold mine is very costly and has been known to cause problems for even the largest of gold producers as overhead costs can swallow up all your profits. This is basically why gold producers both small and large often turn to precious metal streaming companies to help them fund new mines. You can start a business as a gold streamer and help miners locate viable mines.

Government Initiatives Indian Government made hallmarking mandatory for Gold Jewellery and Artefacts. A period of one year is provided for implementation i.e. till January 2021.

Trade in gold options and futures

As per Union Budget 2019-20, the GST rate was reduced from 18 per cent to 5 per cent (*5 per cent without Input Tax Credit (ITC)) for services by way of job work in relation to gems and jewellery, leather goods, textiles etc.

The gold option is for the more sophisticated and experienced investor. It is a trading platform. An option gives the buyer the right, but not the obligation to buy (or sell) a certain asset at a specific price at any time during the life of the contract. Buying gold options does require the payment of a premium before one can start trading. Options allow you to speculate in gold prices, and you can speculate on price movements either upwards or downwards. Buying options is risky, and more people lose than win, but if you have the experience and professionalism, you can test your prowess in this risky but profitable venture.

The Bureau of Indian Standards (BIS) has revised the standard on gold hallmarking in India from January 2018. The gold jewellery hallmark will now carry a BIS mark, purity in carat and fitness as well as the unit's identification and the jeweller's identification mark. The move is aimed at ensuring a quality check on gold jewellery. 19


Top Gold Manufacturing Companies in India Titan Company Ltd (Tanishq)

Barrick Gold Corp

One of the top jewellery brands in India, Tanishq is a brand of Titan Company which comes under the famous TATA Group. Tanishq is a subsidiary of the Titan Company and it was founded in the year 1994. The company is headquartered in Bengalore, Karnataka. Tanishq is known as India’s most trusted jewellery brand. The company has 150+ retail outlets across the country. The company is the pioneer of diamond, gold and platinum jewellery to a large extent widely.

Barrick Gold Corporation is the largest gold producing company in the world, with its headquarters in Toronto, Canada. In 2016, Barrick Gold continued to top the list with over 171.6 tonnes of gold produced, despite having a slight decline in the gold output from the previous year. The company's production of gold plunged dramatically between 2013 and 2014, when it declined from 222.9 tonnes to 194.4 tonnes, but it's still expected to lead the global gold production through 2018.

Kalyan Jewellers India Ltd

Newmont Mining Corp

Kalyan Jewelers was founded in the year 1993. It is headquartered in Thrissur, Kerala. It was founded by T. S. Kalyanaraman. The company is owned by the famous Kalyan Group. It is one of the largest jewellery store chain in India. The company has made reputation of authentic Gold Jewellers and sells 100% Hallmarked Gold only. They are also known for their mini stores named as “My Kalyan Mini Stores”, which sells affordable diamond jewellery with finest quality of diamonds. Their retail outlets are present in 10 states in India and 1 in Kuwait and 3 in UAE. The company has around 100 showrooms in India.

Newmont Mining, founded in 1916 in Colorado, USA, has long been one of the world's largest gold producers with assets or operations on five continents, but mainly in United States, Australia, Peru, Suriname, and Ghana. Newmont also mines silver, copper, lead, zinc, and other metals. At the end of 2016, the company owns gold reserves of over 1,942 tonnes. AngloGold Ashanti Ltd

Goldcorp Inc

Headquartered in Johannesburg, South Africa, AngloGold Ashanti is the world's third largest gold producing company by production. The company produces gold through its mines in mainly in South Africa and continental Africa, although it also operates mines in Australia, Argentina, Brazil, and the United States.

Goldcorp is a Vancouver-based gold producer, whose production totalled 89.4 tonnes in 2016, decreased from 107.8 tonnes in 2015. Ranking as the world's fourth largest gold producer, the company is also one of the world's fastest-growing gold producers, and operates four mines in Canada, three in Mexico and four in Central and South America.

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CHARLES OWUSU AKYEA Managing Director Regeneration Development Agency Mr. Charles, the Managing Director of 'Regeneration Development Agency', developed an interest in the delivery of low income housing, trade in commodities and also formed associations with like-minded people from Ghana and the African diaspora. All of this started 10 years ago as an NGO called Africa Call Foundation (ACF) which assisted him to form relationships with his Ghanaian and international associates. The idea behind his current business was to form a relationship with others for the transfer of knowledge and technology in low income housing and viable commodity trade.

About 'Regeneration Development Agency' His brand is about “Transformation through Regeneration”; the regeneration of traditional African and modern housing technology to come out with a low cost solution for solving the housing deficit in Ghana. The business is also coming up with the regeneration of small scale mining and sale of Ghanaian gold, regeneration of commercial trade in commodities such as petroleum products, rice and sugar. The river town of Sokpoe on the banks of the Volta River would be regenerated into a Pan African SMART City. USP of the Business The unique selling point of Mr. Charles' company is that they bring together stakeholders to build viable and mutually beneficial businesses and projects. They export gold to the United States of America (USA), import sugar and rice from Brazil and Thailand respectively. With respect to the housing and mining industries, the company's focus on low income housing technology sets them apart from others in the industry. In commodity trading, the fact that 'Regeneration Development Agency' is an indigenous Ghanaian company sets them apart from other commodity trading companies. Challenges and Expansion Plans Their past and current challenge is the creation of or attracting foreign or local investors to take up equity in their business. Their equity investors would allow them the financial capacity to regenerate slums and the ownership of real estate properties in urban areas. Other expansion plans of the business will include: the conversion of 5,000 acres of river front land into a SMART City owned by residents, businesses, shareholders and the company. Another aim is to become a major player on the international market in West Africa. The mining of virgin gold concessions in the Ashanti region of Ghana is also one of the company's plans to expand their business.

WORK CULTURE AND PHILOSOPHY The company's personal and business philosophy is based on the dictum – “The brotherhood of man and the fatherhood of God” and their work culture is built around the promotion of values like punctuality, integrity, honesty, respect for one another etc. The work culture of the company is complimented by the interest of persons in the team in self-development. Their mantra of success in the business world is built around their vision for Africa as a whole: “Reshaping the African Home Land.” Mr. Charles' work/life balance hobbies, recreation, and life beyond business away from work are based on his spiritual goals. He belongs to an Africanized Christian Church called the Saviour Church of Ghana. His life in the church relates to his hobbies, recreation and other aspects. His personal ideology/quote is: “Love your neighbor as yourself.”

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Shubham Maheshwari Founder, Being Chef

Brand Idea and Purpose Vision and Mission and USP The brand's vision and mission are “to disrupt the daily meal industry by transforming the traditional way of cooking, while also being mindful about the health and nutrition aspects of food.” The brand's USP is to enable anyone to cook a full-fledged meal in 5 minutes by following 8 simple steps. Also, being a first mover in this space of the food industry, and also being a pure vegetarian while also having vegan options, work in the brand's favor as veganism is the rage today. This gives them an edge over their competitors.

Past and Present Challenges Faced Early Life and Career Beginnings

The initial challenges that Mr. Maheshwari faced were especially from the industry veterans who claimed that the product is not feasible. Capital and experience were some of the other major challenges that Mr. Maheshwari faced while starting out as an entrepreneur. The current challenge that has not spared any business including his is the COVID-19 pandemic. However, Mr. Maheshwari chooses to view this challenge in a positive light as the pandemic has opened a whole new market for Being Chef as everyone wants to be self-sufficient and independent when it comes to cooking, especially during the pandemic.

Mr. Shubham Maheshwari, founder of Being Chef, was born and brought up in Jaipur and completed his primary education from the Pink City too. Since his college days, Mr. Maheshwari was inclined towards doing something good for the society. He started participating in various social activities and causes and for his efforts he was also honored with the ‘Youth Changemaker Award’ from a renowned social organization. He also participated as a state coordinator for the 'India Against Corruption' movement and it is after addressing a rally of 70 to 80,000 people that his passion for participating in social causes and giving back to the society increased manifold. And this is how he decided to become an entrepreneur as he viewed this as a chance to bring the change he wanted to see in the world, or at least, in his country. Though he didn't have a clear idea as to how to go ahead after his decision to become an entrepreneur, he joined a US-based pharma consulting firm ZS Associates in Gurgaon as a consultant. This was the first time that he shifted base from Jaipur to Gurgaon. While staying in Gurgaon, he realized that daily meals were the most important yet the most ignored part of a person's diet. After his cook didn't turn up, he and his roommates came up with an idea to empower every person to cook anything that they wish to, without being dependent on someone else to do it for them. He quit his job and became a full-time entrepreneur, and this is how Being Chef was born in 2014.When he pitched his business idea to some industry veterans, they didn't show much interest in it as they thought that it was not feasible to create such a product. This fueled Mr. Maheshwari's determination to make his business a success, no matter what.

Future Plans The company has unique plans for the future about which Mr. Maheshwari refused to divulge further details as they are in the process of creating advanced and patented technologies so that they can provide the most efficient services to customers. They are currently based in Gurgaon.

Work Culture and Success Mantra The work culture at Being Chef revolves around being a strong team not just on a professional level but also on a personal level. If a person is given exclusive ownership of their department and is also given adequate freedom to work, then it not only churns out a better professional but also a better person too. Their work culture helps them grow as a professional and as a person. The freedom at the workplace also helps them work independently and responsibly.As for creating or following a success mantra, Mr. Maheshwari doesn't have one because he feels that there is no proper definition of success. He believes that if a person is happy and living his life to the fullest, then he can be termed as a successful person too. As far as the business side of success is concerned, he believes that if a person wants to win a game, then he has to be in the game. One simply cannot wish to become successful without working hard for it. One also needs to have enough conviction and self-belief that you can become successful and one must always stay level-headed in both success and failure.

Brand Idea and Purpose The idea behind Being Chef is to make food using minimum efforts given the fast-paced life we live in. To minimize the cooking efforts, Mr. Maheshwari came up with the concept of '8 Simple Steps' which would give delicious results in just 5 minutes. Also, the taste preferences of the customers were kept in mind and hence, Being Chef came up with customized meal boxes that would cater to the exact taste palette of the customers. Talking about his brand Being Chef, Mr. Maheshwari says that Being Chef is a one-stop solution to all your daily meal requirements. The main aim of Being Chef is to make the youth population fit and healthy as today's youth ignores aspects like health and nutrition. 22


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TOP MERGERS & ACQUISITIONS Reliance almost doubles retail footprint with acquisition of Future Group Reliance Industries NSE -1.65 % Ltd's acquisition of debt-strapped Future Group will almost double the footprint of its retail business, which now is valued at up to USD 68 billion, analysts said. The oil-to-telecom conglomerate on Saturday announced the acquisition of Future's retail, wholesale, logistics and warehousing units for Rs 24,713 crore. The deal terms entail a merger of five listed units of Future Group into Future Enterprises Ltd (FEL). The deal increases the retail store footprint of Reliance Retail Ltd, a unit of RIL, from current 28.7 million square feet to 52.5 million sq ft, consolidating its pole position, analysts said.

Electric vehicle makers find a back door to Wall Street Steve Burns pulled together several pieces of a business venture over the last year: His company, Lordstown Motors, designed an electric pickup truck, acquired a plant and machinery from General Motors, and racked up thousands of orders. Yet Burns was still struggling to raise enough capital. This month, he nailed down that critical piece by agreeing to merge Lordstown Motors with a special-purpose acquisition company, or SPAC, a transaction that will net the truck maker $675 million and a listing on Nasdaq. Another upside: Unlike a conventional initial public offering, a SPAC merger will take just a couple of months, Burns said. “The traditional IPO time is maybe a year and a half,” he said. “We are in a race to be first with electric trucks. We wanted to get it done and get to the business of building the vehicle.”

AstraZeneca approaches Gilead about potential merger AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc. about a potential merger, according to people familiar with the matter, in what would be the biggest health-caredealonrecord. The U.K.-based firm contacted Gilead last month about a possible tie-up, the people said, asking not to be identified because the details are private. AstraZeneca didn't specify terms for any transaction, they said. While Gilead has discussed the idea with advisers, no decisions have been made on how to proceed and the companies aren't in formal talks, the people added. AstraZeneca, valued at $140 billion, is the U.K.'s biggest drugmaker by market capitalization and has developed treatments for conditions from cancer to cardiovascular disease. Gilead, worth $96 billion at Friday's close, is the creator of a drug that's received U.S. approval for use with coronavirus patients. 24


TOP MERGERS & ACQUISITIONS Uber approaches Grubhub with acquisition offer Uber is in negotiations to buy online food delivery company Grubhub in an all-stock deal, according to people familiar with the matter. A merger could give Uber Eats' money-losing restaurant delivery service a leg up on market leader DoorDash at a time when the coronavirus pandemic has upended Uber's core business of shuttling people from place to place. Uber and Grubhub are still haggling over the deal's stock exchange ratio, and there is no certainty that they will reach an agreement, the sources said. The potential acquisition suggests that the Silicon Valley disruptor is doubling down on its fastest-growing service in a scramble to adapt to what is likely to be a long business interruption. "This would be an aggressive move by Uber to take out a major competitor on the Uber Eats front and further consolidate its market position," Wedbush analysts said in a client note.

Voda-Idea, Walmart-Flipkart: The biggest M&As of the decade Talks of billions, hushed deals, closed-door meetings are just some of the similarities between the biggest mergers and acquisitions that went down in the last decade. From tech giants swallowing young competition to fashion houses crumbling only to be bought out by those who managed to weather the economic slowdown, the 2010s have been a period of big buyouts. As we sail into a new decade, here’s a look at some of the biggest business deals of the one gone by. The telecom space saw some old connections being disconnected and new ones forged. After will-they-won’t-they, the year finally saw Vodafone and Idea Cellular merge. It was the result of many rounds of talks and some practical concerns as well: the two companies decided to merge after a huge tariff war that was precipitated by the entry of Jio from the Reliance stable. And while the jury is still out on whether the merger has been able “to improve the network and offer customers a better experience” as promised, it has helped Vodafone-Idea beat Reliance Jio and Airtel to become India’s largest telecom company with 408 million active subscribers and revenue market share of 32.2 per cent.

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RAGUNATH MANOHARAN Expansion Plans and Business Avenues

COE OF RM GROUP

In a few months the company will be inaugurated in Singapore and Pondicherry, India. The company also plans to invest in Indian movie production.

Mantras of Success in Business World His mantras of success in the business world are quite simple yet highly important. He takes his inspiration from his idol Mr. Ratan Tata as well! Some of his mantras are listed below

Early Life

A satisfied client is the outstanding business game

Mr. Ragunath Manoharan, CEO Operations of RM Group, was born in Chennai, Tamil Nadu in India. The path to success wasn't always easy for him as he grew up in a middle class family. His father passed away when he was 8 years old and he did his schooling in Chennai.He dropped out of college when he realised that the Indian education system doesn't teach any skills and rather focuses on mugging up things by-heart. He upgraded his professional skills for his career by working in different fields to gain knowledge and contacts. His started his career with working as a freelance editor and later joined as an Assistant Director in an advertisement agency.Since childhood, Mr Manoharan was interested in pursuing law and he got a chance to work with a leading senior advocate as his Junior Assistant. After some years, he started working for a Tamil magazine called 'Pulan Visaranai' as Sub Editor. He was then appointed as the Deputy Secretary in South India Press Media Club. He finally started a business of his own in 2018 with the help and influence of his friend in Malaysia. And this is how RM Group came into being.Mr. Manoharan has faced many challenges in the export and import industry since he is a young entrepreneur and does not come from a business background. His family and friends have been very supportive of him especially during his periods of struggle in the business world. Mr. Manoharan's all-time inspiration is Mr. Ratan Tata.

About Company RM Export and Import does its business with countries like Malaysia, Singapore and Canada. They mainly export fruits, vegetables, snacks and imitation jewellery.

Striking a Work-Life Balance According to Mr. Manoharan, time management is a must. Also, one must learn to say 'No' and must also try to shorten their commitments and minimize interruptions.

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plan “I don't believe in taking right decisions. I take decisions and then make them right.” - Ratan Tata

Personal Ideologies Mr. Manoharan has certain ideologies of his own that he abides by at all costs: It takes months to find a client, but it takes only seconds to lose one Always trust and keep your employees happy His message to all the budding entrepreneurs out there is: “If you want to do it, do it now. If you don't, then you're going to regret it.”


South Africa infocus

South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. With over 59 million people, it is the world's 24th-most populous nation and covers an area of. 1,221,037 square kilometres (471,445 sq mi).

South Africa has three capital cities: executive Pretoria, judicial Bloemfontein and legislative Cape Town. The largest city is Johannesburg. About 80% of South Africans are of Black African ancestry, divided among a variety of ethnic groups speaking different African languages.

The remaining population consists of Africa's largest communities of European, Asian, and multiracial ancestry. It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline of Southern Africa stretching along the South Atlantic and Indian Oceans; to the north by the neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by Mozambique and Eswatini (former Swaziland); and it surrounds the enclaved country of Lesotho. South Africa is a multiethnic society encompassing a wide variety of cultures, languages, and religions. Its pluralistic makeup is reflected in the constitution's recognition of 11 official languages, the fourth-highest number in the world. According to the 2011 census, the two most spoken first languages are Zulu (22.7%) and Xhosa (16.0%).

The two next ones are of European origin: Afrikaans (13.5%) developed from Dutch and serves as the first language of most coloured and white South Africans; English (9.6%) reflects the legacy of British colonialism, and is commonly used in public and commercial life. The country is one of the few in Africa never to have had a coup d'état, and regular elections have been held for almost a century.

South Africa Games Sports in South Africa has a significant role in South African culture. The three most popular mainstream sports in the country, namely, football, rugby, and cricket, reflect its early British colonial influence. Association football has historically been particularly popular amongst persons of black African descent and is South Africa's most popular sport. The South Africa national soccer team is nicknamed Bafana Bafana. South Africa hosted the 2010 FIFA World Cup.

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Naturally Rich South Africa is truly a nature lover's destination as it offers some of the most diverse landscapes in the entire African continent. Forests, mountains, deserts, grasslands and savannahs are just some of the scenes one can hope to encounter.There is an abundance of wildlife on top of the natural surroundings that host over 700 publicly owned reserves, 200 private reserves and 19 National Parks.

Economy The economy of South Africa is the second largest in Africa. As a manufacturing hub, it is the most industrialized, technologically advanced, and diversified economy on the African continent. South Africa is an upper-middle-income economy – one of only eight such countries in Africa. Since 1996, at the end of over twelve years of international sanctions, South Africa's Gross Domestic Product almost tripled to peak at $400 billion in 2011, but has since declined to roughly $385 billion in 2019. Main Industries: mining (world's largest producer of platinum group metals, gold, chromium), automobile manufacturing, metalworking, technology, machinery, textiles, iron and steel, IT, chemicals, fertilizer, foodstuffs, manufacturing, commercial ship repair. GDP –By Sector: agriculture: 2.8%,industry: 29.7%,services: 67.5%(2017 est.) Exports: $108 billion (2017) Exports - commodities: gold, diamonds, wines, iron ore, platinum, nonferrous metals, electronics, machinery and manufactured equipment, motor vehicles, fruits, various agricultural foodstuffs, ground and air military hardware Exports – partners: China 9.9%, United States 7.9% ,Germany 7.6%, Botswana 5.4%, Namibia 5.1% ,India 4.5%(2016) Imports: $81.9 billion (2017) Imports - commodities: machinery and equipment, chemicals, petroleum products, scientific instruments, foodstuffs Imports - partners: China 18.0%, Germany 12.0%, United States 6.8%, India 4.2%, Saudi Arabia 3.8%, Japan 3.5% (2016)

Renewable Resources Renewable energy in South Africa is energy generated in South Africa from renewable resources, those that naturally replenish themselves—such as sunlight, wind, tides, waves, rain, biomass, and geothermal heat. Renewable energy focuses on four core areas: electricity generation, air and water heating/cooling, transportation, and rural energy services. The energy sector in South Africa is an important component of global energy regimes due to the country's innovation and advances in renewable energy. South Africa's contribution to greenhouse gas (GHG) emissions is ranked as moderate and its per capita emission rate is higher than the global average. Energy demand within the country is expected to rise steadily and double by 2025.

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Culture The culture of South Africa is known for its ethnic and cultural diversity. The South African majority still has a substantial number of rural inhabitants who lead largely impoverished lives. It is among these people, however, that cultural traditions survive most strongly; as South Africans have become increasingly urbanized and Westernised aspects of traditional culture have declined. Urban South Africans usually speak English or Afrikaans in addition to their native language. There are smaller but still significant groups of speakers of Khoisan languages, not included in the eleven official languages, but are one of the eight other officially recognised languages. Members of the middle class, who are predominantly white and Asian but whose ranks include growing numbers of other communities of colour, have lifestyles similar in many respects to that of people found in Western Europe, North America, Australia and New Zealand.

Transportation Transportation is controlled by the government's Malian Transport Authority. Mali has some 729 km (453 mi) of railroad, served by diesel electric locomotives. The main line, from Dakar in Senegal to Bamako, runs a twice-weekly passenger service. There is more frequent service between Bamako and Koulikoro, the last stop on the line, and between Bamako and Kayes. The IBRD has helped finance the modernization of the Malian rail system. Mali's road network includes about 15,100 km (9,383 mi) of highways of which some 1,827 km (1,135 mi) were paved as of 2002. A major project, completed in 1986, was the construction of a 558-km (347-mi) road between Gao and Sévare, near Mopti, to be part of a trans-Sahara highway linking Algeria and Nigeria.

South African Airways is the state-owned flag carrier airline of South Africa. Headquartered in Airways Park at O.R. Tambo International Airport, the airline operates a hub-and-spoke network, linking over 40 local and international destinations across Africa, Asia, Europe, North America, South America, and Oceania from its base at O. R. Tambo International Airport in Johannesburg in Mali that was formed by the Aga Khan Fund for Economic Development

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Investment in SOUTH AFRICA Compared to other countries in the African continent, the potential attractiveness of South Africa is high. However, its performance is relatively weak for FDI attraction, despite progress owing to investment potential in infrastructure. According to data published in the UNCTAD's 2020 World Investment Report, FDI inflows decreased by 15.1% in 2019, reaching USD 4.6 billion, compared to a high inflow of USD 5.4 billion registered in 2018. In 2019, FDI stocks increased to USD 151 billion, well above USD 127 billion in 2018.This trend is related to the Government's campaign to attract $100 billion of FDI by 2023.

SMARTER INVESTING : Experience & Discipline

Productive Promotion and Attraction of Foreign Investment Law South Africa needs to increase its inward foreign direct investment (FDI) in order to achieve economic growth. The purpose of this article is to explore which interventions could be launched in the short term to enhance the country's attractiveness for foreign investors. The findings of the literature review demonstrated that incentives, as a determinant of investment, are the short-term intervention with the most significant potential to attract additional FDI. A comparative study, which provided insight into the incentives that are currently offered to the manufacturing sectors of three countries (South Africa, Malaysia and Singapore), assisted in identifying two additional incentives that the South African government could introduce and three existing incentives that could be amended. The introduction or modification of these incentives could ensure that South Africa has a competitive advantage to attract investment from foreign investors and thereby increase its inward FDI in the manufacturing industry.

What are the benefits for new investments in basic industries? South Africa ranks 84th out of 190 economies in the World Bank's 2020 Doing Business report. The country has many attractive assets for investors such as an important demography; a diverse, productive and advanced economy; abundant natural resources; a transparent legal system, and a certain political stability. However, the country suffers from a high crime rate, increasing social unrest (strikes and demonstrations), high levels of corruption, and structural issues in electricity supply and logistics. Investors are also worried about the lack of clarity concerning policy and structural reforms. Investment potential is hampered by certain legal uncertainties which discourage foreign investors, despite the promulgation of the Protection of Investment Act in December 2015, which reinforces legal guaranties for foreign investors.

IMPORT-EXPORT In 2018 South Africa was the number 32 economy in the world in terms of GDP (current US$), the number 36 in total exports, the number 37 in total imports, and the number 59 most complex economy according to the Economic Complexity Index (ECI). INDIA SOUTH AFRICA TRADE RELATIONS * Bilateral trade between India and South Africa currently stands at $10 billion. In 2016, both countries set a target of doubling bilateral trade and investment to $20 billion by 2021. ... The fourth in the series called 'PBD-Africa' was held in Durban, South Africa, on October 2010

CONSULATE GENERAL OF SOUTH AFRICA B- 18 , Vasant Marg, Sector B -1, Vasant Vihar, New Delhi, Delhi -110057.

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DEVENDRA CHOUGULE -

Past and Present Challenges

founder of Texone Group

The main issue or challenge that Mr. Chougule faced was that of bringing finances into the business as he was a fresh college graduate. The current obvious challenge is the COVID-19 pandemic. However, Mr. Chougule views this challenge positively as he believes that it is important to face challenges as they help you grow as a person and as a businessman too.

Brands Catered to and Export Scenes

Early Life and Career Beginnings Mr. Devendra Chougule is the founder of Texone Group. Texone Group was founded in 2007 and is a manufacturer of foundry sand plants, machineries and equipment. He is also the owner of Dexwo Ventures Pvt. Ltd. which he started in 2017-18. Dexwo manufactures motorized sliding gates and also provides parking solutions.Mr. Chougule completed his graduation in engineering in Kolhapur and eventually joined his father's foundry business. However, he wanted to start his own business. This is how Texone Group was born in 2007. After fully establishing the Texone Group, he started Dexwo Ventures in 2017-18. He has also started another venture for agro-based machinery and is now exporting these products to African and Mauritius markets.

Mr. Chougule caters to the needs of brands like TATA, Mahindra & Mahindra, AKP Group from Karnataka and Force Motors. Mr. Chougule's group has also exported its products to various countries like Nigeria, Zimbabwe, Sri Lanka, Bangladesh, Bulgaria, etc. As far as promoting their exports is concerned, the Group will target the African market for now.

Work Culture and Philosophy One of the most important principals that Mr. Chougule follows is to never compromise on quality just to achieve the aim of cost-cutting. Quality holds prime importance in their work culture and also their after-sales services are kept at their best to ensure that maximum customer satisfaction is achieved.

About the Business Mantras of Success

Mr. Chougule is dealing with 3 product divisions like foundries, parking solutions and producing agro-based machinery. All of these products are totally produced in-house, i.e. none of the spare parts are bought from anywhere else. Parking was a big concern especially in cities and hence, Mr. Chougule identified this problem and came up with providing parking solutions at affordable prices to customers. The company also deals with providing agro-based machinery like chop-cutters which would help farmers in cutting fodder for their cattle in a much easier and efficient way. The main aim of the business is to provide quality products at affordable prices.

Keeping a positive attitude no matter what is the first success mantra that Mr. Chougule follows as this has always kept him level-headed even during failures. Hence, according to him, it is very important to be positive in every challenging situation. He admits that staying positive all the time is not possible and it is not easy too. But it is important to inculcate this habit early on while starting out as a businessman.

Vision and Mission

Work-Life Balance

The main vision and mission of the business is to identify the problems faced by customers or clients in the market and to solve them by providing the best quality products like machinery, equipment and also provide effective solutions at affordable prices. Another important vision is to give customers 100% value for their money. Also, the company aims to be as self-reliant as possible in terms of producing their products and services.

Mr. Chougule has been successful in keeping his personal and professional life separate from each other. The main reason he has been able to do so is because he believes in staying 100% focused on whatever work he does, be it personal or professional. His hobbies are reading, watching movies and trekking which help him rejuvenate and detox.

Brand USP The main point that differentiates or acts as a USP for the business is the design of its products and services. No matter what the product division, Mr. Chougule has made sure that each product's design is sturdy. Their confidence on the quality of their products is such that they provide complete warranty and guarantee up to one year. They also provide one year of free maintenance and repair services if the products face any damage within one year of the customers using it.

Personal Ideologies/Quotes: Mr. Chougule firmly believes that “confidence is the key to success.” One quote which is his personal favourite is “The difference between ordinary and extraordinary is that little 'extra'”. If one aims to become extraordinary in what they do, then they must put in extra efforts to become extraordinary. One must also never shy away from making mistakes as they are a part and parcel of our life. 32

Expansion Plans Mr. Chougule's only advice to budding entrepreneurs is that they must always believe in themselves and must do what makes them happy. He also says that it is important to listen to our inner voice no matter what others tell us.

Message to Budding Entrepreneurs Mr. Chougule's only advice to budding entrepreneurs is that they must always believe in themselves and must do what makes them happy. He also says that it is important to listen to our inner voice no matter what others tell us.


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History of Engineer's Day India will celebrate Engineer's Day on September 15, 2020. This day is celebrated in memory of Sir Mokshagundam Visvesvaraya who was born on September 15, 1860 in the Muddenahalli village of Karnataka. Other countries that celebrate this day on September 15 are Sri Lanka and Tanzania. He pursued Bachelor's in Arts (B.A.) from the University of Madras and eventually got into civil engineering from the College of Science in Pune. He was also conferred with a knighthood by the British Indian Empire for his contributions towards mankind. He was appointed as the Diwan of Mysore and served for a period of seven years. During his tenure as the Diwan of Mysore, he highly encouraged private investment in the industry. He was instrumental in the founding of one of the first engineering colleges in India, the Government Engineering College (now called University Visvesvaraya College of Engineering) in Bangalore in 1917. He was honoured with the highest civilian honour in India, the Bharat Ratna. He was responsible for building an intricate irrigation system in the Deccan Plateau and had also designed and patented a system of automatic weir water floodgates which were first installed at the Khadakvasla reservoir near Pune in the year 1903. Sir Visvesvaraya gained immense popularity when he successfully designed a flood protection system in Hyderabad and he was also instrumental in developing a system to protect the Vishakhapatnam sea port from sea erosion. Sir Visvesvaraya supervised the construction of the Krishna Raja Sagar Dam across river Kaveri. This dam was responsible in creating the biggest reservoir in Asia at the time. Sir Visvesvaraya also gave his technical advice on the construction of the Mokama Bridge over river Ganga and he was more than 90 years old during that time. He is also called the 'Father of Modern Mysore State. He also helped found the famous Mysore Soap Factory. Other famous works include Mysore Iron & Steel Works, which is now known as Visvesvaraya Iron and Steel Limited, Century Club, Mysore Chamber of Commerce among many other works. Among many of his positive attributes, sincerity and time management were among his strongest ones and he was also known to be highly dedicated towards his cause. He was also known for his love for Kannada and hence he was responsible for setting up the Kannada Parishat for improving the Kannada language. He wanted seminars for Kannada to be instituted and conducted in Kannada itself.

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SECTOR REVIEW - MANUFACTURING

Economics of Manufacturing Emerging technologies have provided some new growth in advanced manufacturing employment opportunities in the Manufacturing Belt in the United States. Manufacturing provides important material support for national infrastructure and for national defense. On the other hand, most manufacturing may involve significant social and environmental costs. The clean-up costs of hazardous waste, for example, may outweigh the benefits of a product that creates it. Hazardous materials may expose workers to health risks. These costs are now well known and there is effort to address them by improving efficiency, reducing waste, using industrial symbiosis, and eliminating harmful chemicals. The negative costs of manufacturing can also be addressed legally. Developed countries regulate manufacturing activity with labor laws and environmental laws. Across the globe, manufacturers can be subject to regulations and pollution taxes to offset the environmental costs of manufacturing activities. Labor unions and craft guilds have played a historic role in the negotiation of worker rights and wages. Environment laws and labor protections that are available in developed nations may not be available in the third world. Tort law and product liability impose additional costs on manufacturing. These are significant dynamics in the ongoing process, occurring over the last few decades, of manufacture-based industries relocating operations to "developing-world" economies where the costs of production are significantly lower than in "developed-world" economies.

Manufacturing is the production of products for use or sale, using labor and machines, tools, and chemical or biological processing or formulation. It is the essence of secondary industry. The term may refer to a range of human activity, from handicraft to high-tech, but is most commonly applied to industrial design, in which raw materials from primary industry are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers).Manufacturing engineering, or the manufacturing process, are the steps through which raw materials are transformed into a final product. The manufacturing process begins with the product design, and materials specification from which the product is made. These materials are then modified through manufacturing processes to become the required part. Modern manufacturing includes all intermediate processes required in the production and integration of a product's components. Some industries, such as semiconductor and steel manufacturers, use the term fabrication instead.The manufacturing sector is closely connected with engineering and industrial design. Examples of major manufacturers in North America include General Motors Corporation, General Electric, Procter & Gamble, General Dynamics, Boeing, Pfizer, Precision Castparts, and Fiat Chrysler Automobiles. Examples in Europe include Volkswagen Group, Siemens, BASF and Michelin. Examples in Asia include Toyota, Yamaha, Panasonic, LG, Samsung and TATA Motors.

Safety Manufacturing has unique health and safety challenges and has been recognized by the National Institute for Occupational Safety and Health (NIOSH) as a priority industry sector in the National Occupational Research Agenda (NORA) to identify and provide intervention strategies regarding occupational health and safety issues.

History and Development In its earliest form, manufacturing was usually carried out by a single skilled artisan with assistants. Training was by apprenticeship. In much of the pre-industrial world, the guild system protected the privileges and trade secrets of urban artisans. In the pre-industrial world, most manufacturing occurred in rural areas, where household-based manufacturing served as a supplemental subsistence strategy to agriculture (and continues to do so in places). Entrepreneurs organized a number of manufacturing households into a single enterprise through the putting-out system. The factory system was first adopted in Britain at the beginning of the Industrial Revolution in the late 18th century and later spread around the world.[1] The main characteristic of the factory system is the use of machinery, originally powered by water or steam and later by electricity. Increased use of economies of scale, the centralization of factories, and standardization of interchangeable parts were adopted in the American system of manufacturing in the nineteenth century.

Manufacturing and Investment Surveys and analyses of trends and issues in manufacturing and investment around the world focus on such things as: The nature and sources of the considerable variations that occur cross-nationally in levels of manufacturing and wider industrial-economic growth; Competitiveness; and Attractiveness to foreign direct investors. In addition to general overviews, researchers have examined the features and factors affecting particular key aspects of manufacturing development. They have compared production and investment in a range of Western and nonWestern countries and presented case studies of growth and performance in important individual industries and marketeconomic sectors.

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MANUFACTURING COMPANIES IN INDIA 2020

Hindalco Industries Limited, metals flagship company of the Aditya Birla Group, is the industry leader in aluminium and copper. With a consolidated turnover of US$18.7 billion, Hindalco is the world's largest aluminum rolling company and one of

UltraTech Cement Ltd. is the largest manufacturer of grey cement, Ready Mix Concrete (RMC) and white cement in India. It is also one of the leading cement producers globally. Ultra tech is the subsidiary of Grasim Industries which is owned by Aditya Birla Group.

The Profile of Mahindra is given in the article Top Truck companies in India. Starting with a single plant in 1982, now JSW Steel is India's leading manufacturer of value-added and high-grade steel products. The Company has plants in Karnataka, Tamil Nadu, and Maharashtra. JSW Steel is a flagship company of the JSW Group and the second-largest steel companies of India. The Company has a steel making capacity of 18 MnTPA . Ranked 7 th amongst Top 34 World Class Steelmakers by World Steel Dynamics. It has a large scale presence in both India and international.

Motherson Sumi Systems Limited (MSSL), the flagship company of the Motherson Group was established in 1986 in a joint partnership with Sumitomo Wiring Systems, Japan.

Tata Steel was established in India as Asia's first integrated private steel company in 1907 owned by Tata Group. The companies crude steel capacity across Indian operations is nearly 19 MnTPA. Tata Steel is the second-largest steel producer in Europe with a crude steel production capacity of over 12.1 MnTPA. It is the largest steel companies in India. Tata Steel acquired Bhushan Steel Limited in the year 18-19.

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LARGEST MANUFACTURING COMPANIES IN THE WORLD IN 2020

Daimler AG is a German multinational automotive corporation, headquartered in Mercedesstraße, Stuttgart, Germany that specializes in manufacturing automotive products and parts. The company was founded in 1926 and brings in current annual revenues of USD 185.2 billion.

Ranking number 1 on the list of the top 10 largest manufacturing companies in the world is the renowned German multinational automotive manufacturing company Volkswagen Group, Founded in 1937 in Berlin, Germany, with its current headquarters in Wolfsburg, Germany. The company is the largest manufacturing company in the world because it operates 100 production facilities across 27 countries. The Volkswagen Group brings in annual revenues of USD 282.9 billion, The company's products offerings include automobiles, commercial vehicles, internal combustion engines, motorcycles, and turbo machinery.

6th on BizVibe's list of the top 10 largest manufacturing companies in the world is the American multinational corporation headquartered in Detroit, General Motors. 6th among the leading manufacturing companies by revenue and the company was also ranked 13th in the USA by revenue for all companies by Fortune 500 rankings. General Motors brings in annual revenues of USD 137.2 billion. The brand power of Toyota Group has always been super strong and that's why the company is the 2nd biggest manufacturing company in the world. Toyota Group is a group of companies that have supplier, vendor and investment relationships with Toyota Industries and Toyota Motor vehicle manufacturing facilities. Toyota Group headquarters are in Toyota, Aichi, Japan and currently brings in annual revenues of USD 265.1 billion — making the company 2nd on the list of the largest manufacturing companies in the world.

Samsung Electronics is a South Korean multinational electronics company headquartered in Suwon, South Korea and 4th on BizVibe's list of the top manufacturing companies in the world. The company is known for its consumer electronics and electronic components including semiconductors, batteries, chips, flash memory, and more that it manufactures for major clients such as Sony, Apple, HTC and more. Samsung was founded in 1969 and brings in annual revenues of USD 221.6 billion.

Apple is a multinational technology company that is renowned in the world for its brand power. Aside from a very positive public perception, Apple is also a company that brings in some of the highest revenues and profits in the word. Apple's annual revenue in 2019 was USD 260.2 billion — 3rd on the list of the largest manufacturing companies in the world. Apple was founded In 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne, and currently operates 500+ retail stores worldwide.

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ADVANTAGES TO INDIA MANUFACTURING

ADVANCED PLANNING AND SCHEDULING SOFTWARE

1 | RAW MATERIAL CONTROL

Advanced Planning and Scheduling (APS) software has become a must for modern-day manufacturing operations due to customer demand for increased product mix and fast delivery combined with downward cost pressures. APS can be quickly integrated with a ERP/MRP software to fill gaps where these system lack planning and scheduling flexibility and accuracy. Advanced Planning and Scheduling (APS) helps planners save time while providing greater agility in updating ever-changing priorities, production schedules, and inventory plans.

Factories in India are sticklers about testing, retesting and certifying that the raw materials they receive are exactly as they should be. If you have a metals project, you should definitely consider adding India to your global supply chain, as various metals are native to this region. Such strategic sourcing will pay off in the long run.

2 | LABOR RESOURCES India has engineers. Lots and lots of engineers. And many are bilingual. Did you know that India has the second-largest English-speaking population in the world, second only to the US? An impressive 225 million Indian residents speak English, according to data from November 2014. Additionally, a labor force of 500 million+ skilled and unskilled workers certainly doesn't hurt for manufacturers. The WSJ reported in June 2015 that a whopping 12 million people enter India's work force each year.

Create optimized schedules balancing production efficiency and delivery performance Maximize output on bottleneck resources to increase revenue

3 | LABOR COST ADVANTAGE Speaking of the labor pool, India serves as a worthwhile alternative to China because of their lower cost of labor. As of November 2014, the hourly manufacturing labor cost in India averaged 92 cents, compared to $3.52 in China, according to Bloomberg (data via Boston Consulting Group). While India lacks the advanced infrastructure that China has to offer, India manufacturing is absolutely viable and thriving today. Prime Minister Narendra Modi's Make in India campaign aims to make major changes on this front as well.

Synchronize supply with demand to reduce inventories Provide company-wide visibility to capacity Enable scenario data-driven decision making

4 | QUALITY EQUIPMENT Indian factories are equipped with... Indian machinery? You might be surprised to learn that you're more likely to find Japanese machines in an Indian factory, as the ownership demands quality equipment to manufacture their products. They also rely heavily upon world-class measurement tools and machines (micrometers, tensile, spectrometer, etc.) that are manufactured in Japan.

5 | RICH HISTORY + PROMISING FUTURE While Western investments in India may seem like a relatively new phenomenon, the reality is that India has a long history as an industrial center in Western Asia. In fact, India was a largely unmatched industrial power until 200 years ago. According to the blog 2ndlook, "India's de-centralized manufacturing made it a lead innovator and manufacturer for the longest period in human history." Combine this impressive track record with predictions of prosperous growth, and you'll see that India is, unmistakably, a promising industrial hub.

6 | FAMILY FACTORIES Factories in India are often family-owned and family-run. It's not uncommon for retiring fathers to pass factories down to their children, or for a parent to buy a factory for their returning child to operate. While family businesses come with their own challenges, they are typically regarded as more flexible, reasonable and trustworthy.

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Mali An Mali ofďŹ cially the Republic of Mali (French: RĂŠpublique du Mali; Bambara: Mali ka Fasojamana; N'Ko script: is a landlocked country in West Africa. Mali is the eighth-largest country in Africa, with an area of just over 1,240,000 square kilometres (480,000 sq mi)..

infocus

The population of Mali is 19.1 million. 67% of its population was estimated to be under the age of 25 in 2017. Its capital is Bamako. The sovereign state of Mali consists of eight regions and its borders on the north reach deep into the middle of the Sahara Desert, while the country's southern part, where the majority of inhabitants live, features the Niger and Senegal rivers.

The country's economy centers on agriculture and mining. Some of Mali's prominent natural resources include gold, being the third largest producer of gold in the African continent, and salt. Present-day Mali was once part of three West African empires that controlled trans-Saharan trade: the Ghana Empire (for which Ghana is named), the Mali Empire (for which Mali is named), and the Songhai Empire. During its golden age, there was a ourishing of mathematics, astronomy, literature, and art. At its peak in 1300, the Mali Empire covered an area about twice the size of modern-day France and stretched to the west coast of Africa. In the late 19th century, during the Scramble for Africa, France seized control of Mali, making it a part of French Sudan.

French Sudan (then known as the Sudanese Republic) joined with Senegal in 1959, achieving independence in 1960 as the Mali Federation. Shortly thereafter, following S e n e g a l ' s w i t h d ra wa l f r o m t h e federation, the Sudanese Republic declared itself the independent Republic of Mali. Mali as a democratic, multiparty state.

Mali Games The most popular sport in Mali is football (soccer),which rose to the level of national obsession when Mali was chosen to host the 2002 African Cup of Nations. Most towns have professional or semi-professional men's clubs which play in one national (professional) league and two regional (semi professional) leagues. A majority of clubs are based in Bamako, the capital city, and the most popular teams nationally, Djoliba AC, Stade Malien, and Real Bamako, all play there.

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Naturally Rich Mali is one of the hottest countries in the world. The thermal equator, which matches the hottest spots yearround on the planet based on the mean daily annual temperature, crosses the country Most of Mali receives negligible rainfall and droughts are area. During this time, flooding of the Niger River is common, creating the Inner Niger Delta. The vast northern desert part of Mali has a hot desert climate (Köppen climate classification BWh) with long, extremely hot summers and scarce rainfall which decreases

Economy The economy of Mali is based to a large extent upon agriculture, with a mostly rural population engaged in subsistence agriculture. Main Industries: Food processing, construction, and phosphate and gold mining. Natural resources also include kaolin, salt, limestone, uranium, and hydro-power. GDP – By Sector: Agriculture: 41.8 (2017 est.) industry: 18.1% (2017 est.) services: 40.5% (2017 est.) Exports: $3.06 billion (2017 est.)g Exports - commodities: Cotton 50%, gold, livestock. Exports – partners: Switzerland 31.8%, UAE 15.4%, Burkina Faso 7.8%, Cote d'Ivoire 7.3%, South Africa 5%, Bangladesh 4.6% (2017) Imports: $3.644 billion (2017 est.) Imports - commodities: Petroleum, machinery and equipment, construction materials, foodstuffs, textiles. Imports - partners: Senegal 24.4%, China 13.2%, Cote d'Ivoire 9%, France 7.3% (2017)

Renewable Resources Mali's mineral resources are extensive but remain relatively undeveloped. Exploited deposits include salt (at Taoudenni), marble and kaolin (at Bafoulabé), and limestone (at Diamou). The most important exploited mineral is gold, a significant source of foreign exchange. Gold is mined primarily in the southwestern areas of the country, on the Mandingue Plateau. The ancient Malian empire was based on the exploitation of gold, but those deposits were depleted before the advent of colonial rule in the 19th century. Mali has many mineral deposits that are not commercially exploited, owing to the country's limited infrastructure. Iron is the most widespread, with deposits found in the west near the Senegal and Guinea borders.

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Culture The culture of Mali derives from the shared experience, as a colonial and post-colonial polity, and the interaction of the numerous cultures which make up the Malian people. What is today the nation of Mali was united first in the medieval period as the Mali Empire. While the current state does not include areas in the southwest, and is expanded far to the east and northeast, the dominant roles of the Mandé peoples is shared by the modern Mali, and the empire from which its name originates from. In the east, Songhay, Bozo, and Dogon people predominate, while the Fula people, formerly nomadic, have settled in patches across the nation. Tuareg and Maure peoples continue a largely nomadic desert culture, across the north of the nation. The interaction of these communities (along with dozens of other smaller ethnicities) have created a Malian culture, marked by heterogeneity, as well as syntheses where these traditions intermix.

Transportation Transportation is controlled by the government's Malian Transport Authority. Mali has some 729 km (453 mi) of railroad, served by diesel electric locomotives. The main line, from Dakar in Senegal to Bamako, runs a twiceweekly passenger service. There is more frequent service between Bamako and Koulikoro, the last stop on the line, and between Bamako and Kayes. The IBRD has helped finance the modernization of the Malian rail system. Mali's road network includes about 15,100 km (9,383 mi) of highways of which some 1,827 km (1,135 mi) were paved as of 2002. A major project, completed in 1986, was the construction of a 558-km (347-mi) road between Gao and Sévare, near Mopti, to be part of a trans-Sahara highway linking Algeria and Nigeria Air Mali, formerly Compagnie Aérienne du Mali (abbreviated as CAM), was an airline based in Mali that was formed by the Aga Khan Fund for Economic Development (AKFED) through its subsidiary IPS, West Africa and the government of Mali in April 2005. Air Mali, formerly Compagnie Aérienne du Mali (abbreviated as CAM), was an airline based in Mali that was formed by the Aga Khan Fund for Economic Development (AKFED) through its subsidiary IPS, West Africa and the government of Mali in April 2005.

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Investment in MALI FDI flows to Mali are weak and unstable due to the fragile political and security situation. According to UNCTAD's 2020 World Investment Report, FDI inflows increased in 2019 to USD 494 million, compared to USD 467 million one year earlier. The stock of FDI has been growing year by year and was estimated at USD 5 billion in 2019. Most foreign direct investments are oriented towards mining (gold exploitation), oil extraction, textile industry, financial intermediation, telecommunication and infrastructure. Mali's leading investors are the UK, Australia, Canada, South Africa and Ivory Coast (data BCEAO). Mali benefits from substantial natural resources such as gold, bauxite and iron, and is Africa's main cotton supplier.

SMARTER INVESTING : Experience & Discipline

Productive Promotion and Attraction of Foreign Investment Law Mali benefits from substantial natural resources such as gold, bauxite and iron, and is Africa's main cotton supplier. In general, the law treats foreign and domestic investment equally, but state-owned enterprises distort the economy and limits on ownership in the mining and media sector persist (90% foreign ownership limit in the mining sector, 50% in media). In recent years, the government of Mali has put in place FDI promotion policies aimed at encouraging competitiveness and private sector participation in almost all sectors. The Agency for Investment Promotion (API) is the authority that serves as a one-stop shop for potential investors.

What are the benefits of new investments in basic industries? The government of Mali has put in place FDI promotion policies aimed at encouraging competitiveness and private sector participation in almost all sectors. The Agency for Investment Promotion (API) is the authority that serves as a one-stop shop for potential investors. However, political instability and security concerns in the north of the country tend to dissuade investors. The judicial system is inefficient and prone to corruption. State authority in parts of the North is still tenuous, and corruption remains a problem throughout the government, public procurement, and both public and private contracting, where demands for bribes are frequently reported (Mali ranked 130th out of 180 countries in the 2019 Corruption Perceptions Index of Transparency International). Labour regulations, although not fully enforced, are relatively rigid. Mali ranked 148th out of 190 countries in the 2020 Doing Business report published by the World Bank, losing three positions compared nd education sectors for Indian companies to invest and avail the opportunities.

IMPORT-EXPORT Mali mainly exports gold (more than half of total exports),cotton, live animals, and fertilisers; importing chiefly petroleum oils, medicaments, cement and rice.

INDIA MALI TRADE RELATIONS * India–Mali relations refers to the bilateral ties between the Republic of India and the Republic of Mali. Both nations are part of the Non-Aligned Movement. The two sides agreed to deepen bilateral relations. President Toure and Prime Minister Manmohan Singh led their respective delegations during the talks.

CONSULATE GENERAL OF MALI A2 /29, Block A2 Safdarjung Enclave, New Delhi, Delhi - 110029

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Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com

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ABHI GROUP COMPANIES Abhi Group of companies hold a significant position in the ever growing market with diversified verticals on a global platform. Event & Entertainments Supply Chain & Logistics Healthcare Real Estate Media ABI IMPACT Logistic & Solution Pvt. Ltd & ASH Logistics and Traders Pvt. Ltd Offers best- in- class service in the filed of Supply Chain & logistics in the following Functional Areas: Transportation 3rd Party Logistics & In-plant Services Warehousing Logistics Consultancy Freight Forwarding Impressions Entertainments & Event Pvt. Ltd. Impressions Entertainments & Event Pvt. Ltd. offers excellent service in the field of Events & Entertainment in the following Functional Areas Corporate Events Brand Promotions & Activations Bouncer Services Celebrity Management Social Events

Abhi Realty & Infra Pvt. Ltd. Abhi Realty & Infra Pvt. Ltd. offers consultancy in real estate segment in the following functional areas: Pan India Assistance in Buying / Selling , Leasing of Properties (Bungalows, Villas, Apartments, Commercial spaces & Open Plots) Assistance in Housekeeping & Security Services Janwarta News Janwarta News is an 14 years old local news channel holding a significant footprint to reach more than 10 Lakh subscribers & established with the aim of broadcasting different current affair and issues relating to social, political, art & culture, sports etc. Multichoice Healthcare Service Pvt. Ltd. Multichoice Healthcare Service Pvt. Ltd. offers best in class consultation services in Dermatology Cosmetology Weight Loss Hair Treatment Laser Services

Corporate Office: Office No.16, 3rd Floor, Primrose -The Mall, Baner Road,Pune-411045 Tel: 020 6607 3050/51/52, Email: sales@impact-logistics.in, Web: www.abhigroup.co.in Business Enquery : 95790-95790 44


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UPCOMING GIBF JOINTS EVENTS & TRADE FAIRS Financial Management Series – A series Of Online Certification International Trade and Operations

Virtual Event Event Date September, 2020

Organiser India Chamber of commerce The Indian Chambers of Commerce (ICC) is planning a series of online certification courses on International Trade and Operations. Our industry-backed online certification programmes are developed and taught by leading experts from the world's best and most knowledgeable courses and organizations.

The 7th International Conference on Social Sciences -2020

Virtual Event Event Date 17th - 18th September, 2020

Organiser The International Institute of Knowledge Management ICOSS 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the conference program. Events will run over a span of time during the conference depending on the number and length of the presentations. With its high quality, it provides an exceptional value for students, academics and industry researchers. Two day conference with virtual access to all the Special Features Present and share your research work via the online platform Listen to the presentations and join the Q&A Session Engage with the Audience real time

Interact and receive feedback from other participants and experts The presentation will be evaluated by a panel of experts Obtain quality conference materials provided by the Committee.

Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com 46


UPCOMING GIBF JOINTS EVENTS & TRADE FAIRS The 7th International Conference on Arts and Humanities

Virtual Event Event Date 17-18 September, 2020

Organiser The International Institute of Knowledge Management The ICOAH 2020 organizing committee welcomes papers from a wide variety of interdisciplinary and theoretical perspectives under the conference tracks. ICOAH 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the conference program. Two day conference with virtual access to all the Special Features Present and share your research work via the online platform Listen to the presentations and join the Q&A Session Engage with the Audience real time

Interact and receive feedback from other participants and experts The presentation will be evaluated by a panel of experts Obtain quality conference materials provided by the Committee.

Transform Your Imagination to your Destiny.

Virtual Event Event Date 17-18 September, 2020

Organiser The International Institute of Knowledge Management The ICOAH 2020 organizing committee welcomes papers from a wide variety of interdisciplinary and theoretical perspectives under the conference tracks. ICOAH 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the conference program. The Scientific Committee consists of the experts in the field from many different countries in the world. The Committee Members evaluate your abstracts and provide insights to improve those further. According to the final decision given by them, you would be able to process further tasks for attending the conference.

Global India Business Forum THE BUSINESS TYCOONS ACTION DELIVER RESULTS e- Magazine : Upto date business news and inspiring stories www.GIBF.biz | www.TheBusinessTycoons.com

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PAST GIBF JOINTS EVENTS & TRADE FAIRS 7th International Conference on Hospitality and Tourism Management 2020 (ICOHT 2020)

Virtual Event Event Date 25th-26th August, 2020

Organiser The International Institute of Knowledge Management 7th International Conference on Hospitality and Tourism Management 2020 (ICOHT 2020) has decided to convert the Conference to the Virtual mode as with the prevailing situation, a Place-based Conference is highly threatening to the health safety of our participants and with the intent of delivering the promise of the Conference happening as scheduled. We are excited to welcome you to the online virtual conference on Hospitality and Tourism Management 2020 to be held on the 25th-26th August, 2020. We therefore invite you to participate in the two-day online conference, and look forward to your contribution. Moreover, TIIKM will ensure you receive the full beneďŹ ts of the Conference through our advanced online platform.

MarketsandMarkets World ADAS & AD Conference

Virtual Event Event Date 6th -7th August, 2020

Organiser MarketsandMarkets World ADAS & AD Conference Automotive companies are embracing connected and smart technologies to offer safer and future-ready vehicles by investing in Advanced Driver Assistance Systems (ADAS). The battleground to win the customers is one of the driving forces for automotive manufacturers and OEMs to adopt the technology and lead the marketplace. However, the safety concerns and regulations around autonomous vehicles, communications systems, etc are limiting the acceptance of the technology.

3 DAY ONLINE WORKSHOP ON INTELLECTUAL PROPERTY RIGHTS

Virtual Event Event Date 30thJuly -1st August 2020

Organiser The ASM Group of Institutes The ASM Group of Institutes provide the complete educational package, starting from KG to Ph.D., and state-of-the-art infrastructure, which includes Wi-Fi enabled campuses, sporting facilities, well-stocked libraries, computer centres, and classrooms, all equipped with the latest in technology. ASM's placement cell has a track record to reckon with, which includes over 60,000+ alumni working with top-notch MNCs in India and abroad. 48


PAST GIBF JOINTS EVENTS & TRADE FAIRS INTERNATIONAL VIRTUAL CONFERENCE ON PUBLIC HEALTH (IVCPH 2020)

Virtual Event Event Date 28th August, 2020

Organiser The International Virtual Conference on Public Health (IVCPH 2020) is currently underway with the participation of over 50 Academics, professionals, Public health specialists representing over 20 Countries from across the Globe. Primary Health Care

Environmental Health

Non Communicable Diseases

Metabolic Syndrome

Epidemiology

Health Economics

Maternal, Infant and Child health

Mental Health

Sexual and Reproductive Health

Family Planning

Adolescent & Young Adults Health

Health Communication and Health

Occupational and Safety Health

Social Determinants of Health

Information Technology Oral Health

6TH WORLD CONFERENCE ON WOMEN'S STUDIES 2020 (WCWS 2020)

Virtual Event Event Date ·27th - 24th July 2020

Organiser The International Institute of Knowledge Management The 6th World Conference on Women's Studies (WCWS 2020) was successfully held on 27-28 July 2020 with the collaboration of Asian-african Association for Women, Gender and Sexuality (AAAWGS), Tokyo Gakugei University, Japan, Bridgewater State University, USA, Center for Multidisciplinary Research, Faculty of Humanities and Social Sciences University of Sri Jayewardenepure, Sri Lanka as hosting partners, Nepal Center for Contemporary Research (NCCR), Nepal, Universiti Brunei Darussalam, Brunei, The Research Centre of Communication for Development Knowledge Management, Thailand, NOIDA International University, India as academic partners to the Conference. The Conference also had strategic partners Women's International Foundation 47 (WFO), Sri Lanka and Room to Read as well as media coverage. WCWS 2020 online conference welcomed more than 65+participants from more than 20 countries for an online gathering of grand success. The Conference chaired by Prof. Diana Fox, Professor and Chairperson, Department of Anthropology, Journal of International Women's Studies, Bridgewater State University, USA under the theme “Overcoming Women Subordination: Socialization Law, and Structural Changes”. The conference discussed the current global health crisis making a clear spotlight on societies' many structural inequalities rooted in sociocultural, political, legal and economic systems, which create inhumane conditions of violence, food, water and hygiene insecurity, and ecological destruction impacting the most vulnerable. Feminist, gendered policy responses and the problems were addressed during the twoday online conference by recognized key persons in the field. By sharing research work offered the opportunity not only to be part of a global Women's Studies community, but also advanced conference participants careers during a period when so much is on hold. Moreover, TIIKM ensured all conference participants received the full benefits of the Conference through the advanced online platform. 49


PAST GIBF JOINTS EVENTS & TRADE FAIRS THE 2ND WORLD CONFERENCE ON CHILDREN & YOUTH – (CCY 2020)

Virtual Event Event Date 23rd – 24th July 2020

Organiser The International Institute of Knowledge Management The Organizing Committee of the 2nd World Conference on Children and Youth – (CCY 2020) has decided to convert the Conference to the Virtual mode as with the prevailing situation, a Place-based Conference is highly threatening to the health safety of our participants and with the intent of delivering the promise of the Conference happening as scheduled. We are excited to welcome you to the online virtual conference on Children and Youth (CCY 2020) to be held on the 23rd– 24th July 2020. We therefore invite you to participate in the two-day online conference, and look forward to your contribution. Moreover, TIIKM will ensure you receive the full benefits of the Conference through our advanced online platform.

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- Global Offices United Kingdom

USA

17 Spaniel Ct, Kendall Park, NJ 08824 New Jersey.

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26 Barrett Street, Smethwick West, Midlands,B66 4SE.

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Office No-O108, Abdulla Al, Subai Building, Oud Metha, P.O.Box-120875.

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India

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Office No.16, 3rd Floor, Primrose -The Mall, Baner Road, Pune - 411045.

Head O ce E-22, B-1 Extension, Mohan Cooperative Industrial Estate Badarpur New Delhi 110040. +91 8530556006/ 8530276006/ 9595022233


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