www.thedollarbusiness.com
Vol.2
Issue 10
October 2015
100
$2
EXCLUSIVE INSIDE KEVIN FLYNN President & Managing Director, Fiat Chrysler India GUILLAUME SICARD President, Nissan India MANISH SHARMA Managing Director, Panasonic India & South Asia BURAK AKCAPAR Ambassador to India, The Republic of Turkey DR. B. R. GAIKWAD Chairman, Chemexcil
FOREIGN TRADE . EXPORTS . IMPORTS
...AND MORE!
YET TO MAKE IN INDIA?
A YEAR AFTER THE AMBITIOUS ‘MAKE IN INDIA’ CAMPAIGN WAS LAUNCHED, THE DOLLAR BUSINESS DOES A REALITY CHECK ON ITS IMPACT ON VARIOUS ELEMENTS OF THE VAST INDIAN MANUFACTURING LANDSCAPE
Gherkins
Cool fruit, cooler gains
The secret and science behind exports of this lucrative preserved food item
Chickpeas
Capitalising on tradition
Given the demand-supply gap in India, importing it makes total business sense
Warehousing
Changing gears
How warehouses in India are increasingly becoming sophisticated
Volume: 2 Issue: 10 October 2015 www.thedollarbusiness.com facebook.com/tdbIndia twitter.com/TheDollarBiz in.linkedin.com/in/thedollarbusiness/ President (VMPL) & Editor-in-Chief EDITORIAL & RESEARCH Editor Executive Editors Senior Editor Senior Editor (Online) Senior Assistant Editors Assistant Editor Assistant Editor (Online) Principal Correspondent Correspondents
: Steven Philip Warner : Manish K. Pandey : Indranil Das, Shakti Shankar Patra : Satyapal Menon : Himanshu Vatsa : Sisir Kumar Pradhan, Shivani (Vig) Kapoor : Neha Dewan : D. Sai Nikesh : Vanita Peter D'souza : Deepak Kumar, Aadhira Anandh M.
68 30 COVER STORY
KEVIN FLYNN
President & MD, Fiat Chrysler India talks about his company’s strategy to boost sales and plans with their SUV brand Jeep
EDITORIAL CONSULTING BOARD Founder & Editor : Anil Goyal Publisher : Avnish Goyal Chief Consulting Editor : Dr. A. K. Sengupta Editorial Advisors : Dr. N.K. Goyal (CMAI), Atul Kumar Saxena (IIA)
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BRAND ACTIVATION & RESPONSE Vice-President : Aninda Mondal Associate Vice-President : Dharmendra Jaiswal Senior Manager : Saroj Roy INTERNATIONAL REPRESENTATIVES Seoul (South Korea) : Justin Yoon (+82-2-6241-4256) London (UK) : S. Puri (+44 207 376 1996) ART & PHOTOGRAPHY Art Director Designer Photographer
THE DOLLAR BUSINESS ONLINE Sr. Web Developer : P. Surendra Babu Web Developer : K. Naveen SEO Specialist : Alimoddin M., Praveen Kukunapara Asst. Mgr. (Data & Metrics) : C. Dileep Reddy Associates (Data & Metrics) : Dinesh Reddy, Bhanu Prasad CIRCULATION, SUBSCRIPTION & DISTRIBUTION General Manager : S. S. Sudesh Manager - Subscription : M. Vinay Kumar Assistant Managers : Sanjeev Jain, Buddhi Sagar Pandey, Rajneesh Laroiya Senior Executive : K. Chandra Prakash Associate - Outreach : T. Swapna HR, FINANCE & LOGISTICS Sr. Manager – HR Manager – Admin Manager – Accounts Asst. Manager Associate
: Rasanpreet Kaur : Deepa Pandey : Parchuri Jhansi : Helen Mary : Raj Jarikote
Ambassador to India, The Repulic of Turkey
YET TO
MAKE IN INDIA?
PRINTER Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN
Printed at: Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Roads, Musheerabad, Hyderabad - 500 020, Telangana. FOR EDITORIAL/CONTENT Email: editorial@thedollarbusiness.com . Tel: +91-40-6677 0766 FOR ADVERTISEMENT Email: ads@thedollarbusiness.com . Tel: +91-40-6677 0765 FOR SUBSCRIPTION Email: subscription@thedollarbusiness.com . 18001030385 (Toll free) For queries / comments you can send us an SMS at +91-888-633-1947
8 THE DOLLAR BUSINESS II OCTOBER 2015
speaks about what India-EU FTA means for Turkey and how his country’s trade chords with India can be tuned for mutual benefit in foreign trade
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IT HAS BEEN A YEAR SINCE ‘MAKE IN INDIA’ WAS ANNOUNCED – A PLAN THAT WAS MEANT TO TRANSFORM INDIA’S MANUFACTURING LANDSCAPE. HAS THE CAMPAIGN DELIVERED ON ITS PROMISES? THE DOLLAR BUSINESS ANALYSES
MONOLOGUE PEOPLE SPEAK
72
GLOBAL TRADE THIS MONTH
From banning exports of donkeys & monkeys; from seafood exports of Japan to ivory ban and more
20
INDIA TRADE THIS MONTH
Temporary respite for domestic steel makers, Gujarat tops ease of doing business list and a lot more
24
SPOTLIGHT MAGHREB
An oil-rich cluster of five nations in Africa that prefers importing cars over food, and has much to prove
57
GUILLAUME SICARD President, Nissan India thinks the momentum and focus of the ‘Make in India’ campaign is rather encouraging!
IMPORT’ONOMICS CHICKPEAS
84
Importing this agri product makes sense given the lack of supply from domestic farms
Arvind Saxena reveals GM India’s export plans; Fischer expects US inflation to head higher
14
PUBLISHED AT 5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN © Copyright 2014 No part of this magazine may be reproduced in whole or in part without an expressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is responsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana. Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.
37
BURAK AKÇAPAR
: Sujesh Kumar G. : Gopal Ganesh Reddy : Dileep Kumar
78
SECRET INGREDIENT GHERKINS
DR. B. R. GAIKWAD
Chairman, Chemexcil, feels more action is required on ground to generate growth in the chemical sector
INFOGRAPHICS
BOOKS & NEWSPAPERS
The pen is mightier than the sword. In foreign trade, we could say, the book is mightier than the sword!
86
This cool fruit offers cooler gains to those looking to diversify in exports of processed food products
PRIME FOCUS WAREHOUSING
How is this dynamic industry changing gears to support the growth of Indian economy?
92
TDB FORUM
94
DATEBOOK
Questions about foreign trade that hit our mail box in September and of course, their answers
Some trade shows and fairs you shouldn’t miss out in India and abroad in October and November
OCTOBER 2015 II THE DOLLAR BUSINESS 9
COVER STORY
MAKE IN INDIA
O T T E Y MAKE IN ? A I D IN
It has been a year since Prime Minister Narendra Modi launched the 'Make in India' programme that promised to transform India into a global design and manufacturing hub. Undoubtedly, since then, the battle cry has been one of the most popular catchphrases across the corridors of government agencies and boardrooms of India and Global Inc. Has the campaign delivered substantial value to the country's manufacturing sector? Or have the past twelve months only been about fascination, verbal inspiration and little execution? The Dollar Business analyses
30 THE DOLLAR BUSINESS II OCTOBER 2015
OCTOBER 2015 II THE DOLLAR BUSINESS 31
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