The Dollar Business Magazine September Issue Preview

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Vol.2

Issue 09

September 2015

100

$2

FOREIGN TRADE . EXPORTS . IMPORTS

MOST DESIRED

SANCTION-FREE IRAN’S VIRGIN MARKETS ARE BOUND TO LURE PROSPECTS FROM ALL OVER THE WORLD. WHAT DOES THAT MEAN FOR INDIA? THE DOLLAR BUSINESS ANALYSES

Volume: 2 Issue: 09 September 2015 www.thedollarbusiness.com

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facebook.com/tdbIndia twitter.com/TheDollarBiz in.linkedin.com/in/thedollarbusiness/ President (VMPL) & Editor-in-Chief EDITORIAL & RESEARCH Editor Executive Editor Senior Editor Senior Assistant Editors

Assistant Editor Principal Correspondent Correspondent

PETKO DOYKOV

Ambassador of Bulgaria to India thinks India should use his country as a springboard to the whole of Europe

: Steven Philip Warner

: Manish K. Pandey : Shakti Shankar Patra : Satyapal Menon : Sisir Kumar Pradhan Shivani (Vig) Kapoor : Neha Dewan : Vanita Peter D'souza : Aadhira Anandh M.

49

30 COVER STORY

T. N. R. RAO

Chairman, Advisory Board, SAGE, thinks MEIDP will be a game changer for India’s power & fertiliser sectors.

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) BRAND ACTIVATION & RESPONSE Vice-President : Aninda Mondal Senior Manager : Saroj Roy Deputy Manager (Alliances) : Swati Sinha

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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 Deputy Editor : Jayarama Emani Senior Editor : Himanshu Vatsa Assistant Editor : D. Sai Nikesh Sr. Web Developer : P. Surendra Babu Web Developer : K. Naveen SEO Specialist : Alimoddin Mohd.

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 HR, FINANCE & LOGISTICS Sr. Manager – HR Manager – HR & Admin Manager – Accounts Associate

: Rasanpreet Kaur : Deepa Pandey : Parchuri Jhansi : Raj Jarikote

PRINTER Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Road, Musheerabad, Hyderabad, Telangana 500020, IN PUBLISHED AT 5-2-198/4, Distillery Road, Ranigunj, Secunderabad, Telangana 500003, IN © 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. The Editor 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.

Printed at: Kala Jyothi Process Pvt. Ltd., 1-1-60/5, RTC Cross Roads, Musheerabad, Hyderabad - 500 020, Telangana.

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2 THE DOLLAR BUSINESS II SEPTEMBER 2015

84

P. KRISHNAKUMAR

: Sujesh Kumar G. : Gopal Ganesh Reddy : Dileep Kumar

VP & GM, Consumer & Small Business, Dell India, explains why the company is not willing to give up on PCs and laptops when everyone is betting on smartphones and tablets

IRAN NUCLEAR DEAL

A BOON OR BANE

FOR INDIA? THE IRAN NUCLEAR DEAL HAS EVOKED MIXED REACTIONS IN INDIA. WHAT THE BUSINESS FRATERNITY IS A BIT PERTURBED ABOUT ARE CONCERNS THAT INDIA’S DOMINANT POSITION IN THE ISLAMIC NATION’S TRADE MIGHT GET DILUTED. ARE THESE CONCERNS JUSTIFIED?

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MONOLOGUE PEOPLE SPEAK

58

From Donald Trump and Netanyahu’s rants to Lord Browne’s pragmatism and more

14

GLOBAL TRADE THIS MONTH

INDIA TRADE THIS MONTH

64

SPOTLIGHT

NORTH KOREA

Closed, not only for the outside world, but also for outside goods and services

The enigmatic publisher of the popular Gloom, Boom & Doom report thinks it’s a great time to buy gold

IMPORT’ONOMICS CHANDELIER

80

SECRET INGRIDENT TOOTHBRUSH

68

POLICY FOCUS

REWARD UNDER MEIS

82

DOCKYARD

VOC PORT, TUTICORIN

The strengths of this major port are many. People, location and a whole lot more

The vociferous anti-Fed founder of Euro Pacific Bank thinks the Fed’s rate hike bluff will be called very soon

INFOGRAPHICS ICE CREAM

PRIME FOCUS GOLD

Is gold headed for a massive short squeeze, which’ll end its four-year old downtrend?

88

How Indian exporters are falling victims to digitisation? And is there a way out?

72

PETER SCHIFF

They are tough to transport, but since they are the favourites of the rich, trade is not an issue

The future of the export of these brushes that make our teeth bright isn’t looking extremely bright

India and the EU’s drug war, US GSP renewal for India’s exporters and a whole lot more

24

MARC FABER

Importing these ‘Made in China’ grandeurs can light up your living room as well as your wallet

From China’s yuan shock & awe to crude oil plunging to a six-year low and much more

20

86

SPECIAL FEATURE FDI IN REAL ESTATE

While the government has eased FDI norms in real estate, has it made any difference?

92

TDB FORUM

Questions about foreign trade that hit our mail box in August and of course, their answers

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IRAN NUCLEAR DEAL

Picture Credits: commons.wikimedia.org ; https://www.flickr.com/photos/statephotos/16389773974

COVER STORY

IRAN NUCLEAR DEAL A BOON OR BANE FOR INDIA?

4 THE DOLLAR BUSINESS II SEPTEMBER 2015

BY SATYAPAL MENON

In India, the lifting of economic sanctions on Iran has evoked mixed feelings. While officially, the country has welcomed it, the business fraternity is a worried lot. How justified are some of these concerns? More importantly, are India-Iran economic ties headed for better or worse times? The Dollar Business analyses.

SEPTEMBER 2015 II THE DOLLAR BUSINESS 5

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