Ujjwala Singhania Takes OverAs 38th National President FICCI FLO

Ujjwala Singhania Takes Over As 38th National President FICCI FLO

Ms Ujjwala Singhania has been appointed as the National President of FICCI Ladies Organization (FLO), the oldest womenled & women-centric business chamber of Southeast Asia. She took over as the 38th President of FLO at the FLO’s 37th Annual Session in presence of eminent personalities including Smt. Smriti Irani, Honourable Minister for Women & Child Development, Shri Narendra Singh Tomar, Honourable Minister for Rural Development, Dr Jitendra Singh, Minister for Development of North Eastern Region, Government of India among others. As the 38th National President of FLO Ms Singhania will focus on empowering women by facilitating an enabling environment that promotes entrepreneurship, industry participation and economic development of women.

Under her leadership, FLO will carry out many interventions towards fostering larger contributions of women in India’s Industrial and economic Growth story. Speaking about her new role, Ms. Ujjwala Singhania, National President 2021-22 said “It’s an honour for me to be the National President of an organization like FLO which has had such an illustrious history of working towards the development & empowerment of women. I have been a part of this women’s consortium for over 19 years & the collective mission of the organisation is to encourage and facilitate women to showcase their talents, skills, experiences & energy across sectors and verticals for a truly inclusive economic growth trajectory. This will not only help me to drive a wave of positive impact in their life but will also assist me to put an optimistic impact on the entire society at large” “Women are making vital contributions to the nation’s industrial output.

However, with less than 14% women entrepreneurs in India and the country’s female workforce participation declining, we need to unlock the vastly untapped potential. FLO believes that in the wake of Atma Nirbhar Bharat and the fourth industrial revolution, it is an opportune time for us to promote enterprises and build the start-up ecosystem. For women to succeed as entrepreneurs, FLO will continue to provide the requisite skills, opportunities, and access to information and knowledge. Women already contribute largely to the SME sector which plays a vital role in industrial development of our country.

FLO is committed to sustainable industrial development as a means of achieving economic prosperity, both for women and the country ”. Said Mrs. Ujjwala Singhania. Other Initiative verticals like Textiles, Rural Development planned for this year will support local-level scaling up of enterprise and economic development initiatives for women. interventions for the promotion of India’s Handloom & Textile industry, help women associated with agricultural activities, promote women’s participation in National & International trade. Celebrating India’s 75 years throughout 2021-22 will also be a large focus for us at FLO. Apart from all this FLO will also organize Conclaves, Trade Expos & set up Industrial Parks for 100% women-owned manufacturing industries. This will enable them to carry out transformational changes in the life of women.

Ms Singhania hails from the fourth generation of one of India’s leading business families, the JK Organisation. She is a director at JK International, a firm that invests, through private equity and venture capital. She is also a Director at General Data Private Limited, a Company specializing in software development and engineering analysis. She is a natural leader who strongly advocates for women’s empowerment. Her drive and tireless efforts, to make a difference to women in all walks of life, led her to initiate the FLO Women Directors initiative in 2015. With time Ms Singhania realized that there was a need to bring about gender parity into the boards of corporate companies.

Finance Ministry Grants ‘Infrastructure’ Status To Convention Centres In India

Afinance ministry notification said convention and exhibition centres had been included in the harmonised master list of infrastructure sub-sectors under the social and commercial infrastructure sub-sector. “Exhibition-cum-Convention Centre is included in the Harmonised Master List of Infrastructure Sub-sectors by insertion of a new item in the category of Social and Commercial Infrastructure,” it said.

The benefits available as ‘infrastructure’ projects would only be available for projects with a minimum built-up floor area of 1,00,000 square metres of exclusive exhibition space or convention space or both combined. This includes primary facilities such as exhibition centres, convention halls, auditoriums, plenary halls, business centres, meeting halls etc.

As of now, the major projects under way in the sector are backed by the government – the International Exhibition-cum-Convention Centres at Dwarka as well as Pragati Maidan in the capital. The infrastructure tag no longer involves significant tax breaks but would help such projects get easier financing from banks, said experts. However, restrictions on size may be a dampener for some ventures.

"A PARTNERSHiP THAT TRANSFORMED AN ENTiRE CiTY"

Congratulations to FEXPOCRUZ for winning the UFI Industry Partner Award "Alliances and success stories: the future of the exhibition industry during and post the pandemic".

RAVINDER SETHI

CHAIR OF THE UFI INDUSTRY PARTNER WORKING GROUP

“Despite the challenges that our industry is currently facing, we had extremely strong finalists for our Industry Partner Award -Alliances and success stories: the future of the exhibition industry during and post the pandemic. On behalf of our esteemed jury, I want to congratulate FEXPOCRUZ (Bolivia) for winning this prestigious award . We are very impressed by the successful modernization of the FEXPOCRUZ Venue through their strategic alliance with FANCESA. A partnership that transformed an entire city. ”