Events
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Interactive Meeting with H.E. Mr. Sidharto Reza Suryodipuro, Ambassador Extraordinary and Plenipotentiary,
Embassy of
Republic of Indonesia, New Delhi
H.E. Mr. Sidharto Reza Suryodipuro, Ambassador of the Republic of Indonesia, New Delhi, handing over the first copy of the ‘Handbook on Indonesia’ to Mr. K.J. Kumar, Honorary Consul, Consulate of the Republic of Indonesia (Tamil Nadu & Pondicherry). Others (Standing L to R): Mr. M.B. Sridharan; Mr. S. Narasimhan, Vice Presidents; Mr. S. Soundara Rajan, President; Mr. C.S. Muthu Subramaniyan , Immediate Past President and Mr. P. Gopalakrishna, Secretary to the Chamber..
The Chamber organized an interactive meeting with the Ambassador of
the Republic of Indonesia, H.E. Mr. Sidharto reza Suryodipuro at
Hotel Taj Coromandel, Chennai.
Mr. C.S. Muthu Subramaniyan, Immediate Past President of the
Chamber, made a presentation on an Overview on ‘India-Indonesia
Trade Relations’.
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Interactive Meeting with H.E. Mr.
Vadivel Krishnamoorthy,
The Chamber organized an Interactive
Meeting with His Excellency Mr. Vadivel Krishnamoorthy, Deputy High
Commissioner of Sri Lanka in Southern India, at Hotel Taj Coromandel,
Chennai.
Mr. C.S. Muthu Subramaniyan, (left), President, presenting a memento
to H.E. Mr. Vadivel Krishnamoorthy,
Earlier, Mr. C.S Muthu Subramaniyan,
President of the Chamber, spoke in brief the development of trade
relations between India and Sri Lanka and applauded the role played
His Excellency.
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Workshop on Investment
Opportunities in Vietnam
H.E Mr. Ton Sinh Thanh,
Ambassador of the Socialist Republic of Vietnam, New Delhi,
addressing the members of the
The Chamber organised a Workshop on
‘Investment Opportunities in Vietnam, in association with the
Embassy of Socialist Republic of Vietnam in India with His
Excellency Mr. Ton Sinh Thanh, Ambassador of Vietnam in New Delhi,
as Chief Guest and the Vietnamese Companies, which accompanied him. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈
Interactive Meeting with
Mr. Ahmad Fajarazam Bin
Abdul Jalil, Consul General of Malaysia, addressing the members of
the Chamber. DGM & Regional Head, EXIM Bank; Mr. C. Sarat Chandran, Director; Mr. C.S Muthu Subramaniyan,
President and Mr. P.
Gopalakrishna, Secretary of the Chamber.
The Chamber organized an Interactive
Meeting with Mr. Ahmad Fajarazam Bin Abdul Jalil, new Consul General
of Malaysia in Chennai, at Hotel Taj Coromandel, Chennai.
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Felicitation to H.E. Mr. Vadivel Krishnamoorthy on his appointment
as Deputy High Commissioner of
Sri Lanka in Southern India, Chennai
Mr. C.S. Muthu Subrmaniyan (Left), President of the Chamber, presenting a Memento to His Excellency Mr. Vadivel Krishnamoorthy, Deputy High Commissioner of Sri Lanka in Southern India, Chennai. Mr. S. Soundara Rajan, Vice President of the Chamber, is also seen.
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Interactive Meeting with H.E. Dr. Rizali Wilmar Indrakesuma
Ambassador of the Republic of
Indonesia, New Delhi
The Chamber organized an Interactive Meeting with H.E. Dr. Rizali Wilmar Indrakesuma, Ambassador of the Republic of Indonesia, New Delhi, on 19th June 2015 at Hotel Taj Coromandel, Chennai.
H.E. Dr. Rizali Wilmar Indrakesuma (centre), Ambassador of the Republic of Indonesia, New Delhi, Interacting with the audience. Others (R to L): Mr. C. Sarat Chandran, Director; Mr. Ahmed A.R. Buhari, Founder President & CEO, Coal & Oil Group, Chennai;
Mr. C.S Muthu Subramaniyan, President and Mr. P. Gopalakrishna,
Secretary of the Chamber.
His Excellency, in his address on the
theme – “To move beyond Rhetoric: Tapping Indonesia-India Trade &
Investment Potentials”, offered wide-ranging suggestions for rapid
economic growth and development of business and investment relations
between the two countries. Joint consultation committees should be
formed in all sectors with the concerned officials, experts and
ministers to study the existing conditions and offer
recommendations.
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Bidding Farewell to H.E. Mr. A. Sabarullah Khan,
Deputy High Commissioner of Sri
Lanka, Chennai
The Chamber organized a party to bid Farewell to H.E. Mr. A. Sabarullah Khan, Deputy High Commissioner of Sri Lanka, Chennai on his transfer to New York on appointment as the Deputy Permanent Representative at Sri Lanka Permanent Mission. It was held at Hotel Taj Coromandel, Chennai.
Mr. C.S. Muthu Subramaniyan (second from right), President, presenting a memento to Mr.Sabarullah Khan, Deputy High Commissioner of Sri Lanka to Southern India, Chennai. (Others seen) Mr. C. Sarat Chandran, Director and Mr. P. Gopalakrishna, Secretary of the Chamber.
The Deputy High Commissioner, in his
address, recalled the close relationship of the Chamber with the
Deputy High Commission of Sri Lanka during his tenure at Chennai. He
expressed his confidence that the Chamber would continue its
co-operation to DHC for promotion of trade and industry between
India and Sri Lanka.
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Interactive Meeting with His
Excellency Mr. Y.K Sinha,
The Chamber organized an Interactive Meeting with His Excellency Mr. Y.K. Sinha, High Commissioner of India to Sri Lanka, Colombo, at Hotel Taj Coromandel, Chennai.
H.E. Mr. Y.K. Sinha (centre), High Commissioner of India to Sri Lanka, Colombo, interacting with the, audience. Others (R to L): Mr. Nirmal Biswas, Regional Head, EXIM Bank, Chennai; Mr. C.S Muthu Subramaniyan, President; Mr. C. Sarat Chandran, Director and Mr. P. Gopalakrishna, Secretary of the Chamber.
Mr. Sinha, in his address, said the trade between India and Sri
Lanka has increased 10-fold after the Free Trade Agreement. But
there is more to be explored. His concern was that more than 70 per
cent of India’s exports to Sri Lanka were outside the FTA route.
‘This needs to be addressed’. Bilateral trade between the two
countries in 2014 stood at US$4.6 billion, with imports from India
to Sri Lanka amounting to US$ 3.99 billion and Sri Lankan exports to
India amounted to US$ 625 million.
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Interactive Meeting with The
Ambassador
The Chamber organised an Interactive Meeting with His Excellency Mr. Aung Khin Soe, Ambassador of the Embassy of the Republic of Union of Myanmar, New Delhi, on 25th March 2015 at Hotel Taj Coromandel, Chennai.
Mr. C.S. Muthu Subramaniyan (second from left), President of the Chamber, presenting a Memento to
His Excellency Mr. Aung Khin Soe, Ambassador
of the Republic of Union of Mayanmar, New Delhi
His Excellency, in his address, said
that volume of bilateral trade between India and Myanmar reached USD
1637 million during the budget year 2013-14 – the exports from
Myanmar to India amounted to USD 1143.366 million and imports from
India were at USD 493.531 million. Major exports of Myanmar are
agricultural products and forest products and imports from India
include pharmaceuticals and machineries.
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Bidding Farewell to to Mr.
Samantha Wijesekara,
Mr. C.S.
Muthu Subramanian (second from left), President, presenting a
Memento to Mr. Samantha
The Chamber hosted an informal
function to bid farewell to Mr. Samantha Wijesekara, on the occasion
of his promotion as Deputy Director, Ministry of Commerce at
Colombo, Sri Lanka. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈
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Bidding Farewell to Mr. Chanchai
Charanvatnakit, Consul General
Mr. C.S.
Muthu Subramaniyan (left), President of the Chamber, presenting a
memento to Mr. Chanchai
The Chamber hosted an informal
function to bid farewell to Mr. Chanchai Charanvatankit, Consul
General, Royal Thai Consulate General at Chennai, on his returning
to Thailand shortly. Mr. C.S. Muthu Subramaniyan, President of the
Chamber, appreciated the active cooperation extended by Mr. Chanchai
to the Chamber during his tenure of 38 months at Chennai. The
Chamber organized a Seminar on “Business Opportunities in Thailand”
on 13th March 2012, in association with Royal Thai Consulate
General, for strengthening the trade relations between India and
Thailand, he added. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈
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Bidding Farewell to Mr. Ajit Singh, Consul General of the Republic of Singapore at Chennai (August 22, 2013)
Mr. C.S. Muthu Subramaniyan (Standing), President of the Chamber; (R to L) Mr. Roy KHO, the new Consul General; Mr. C. Sarat Chandran, Director of the Chamber; Mr. Ajit Singh, Consul General of the Republic of Singapore and Mr. P. Gopalakrishna, Secretary of the Chamber.
The Chamber hosted a function to bid
farewell to Mr. Ajit Singh on his moving over to Mumbai in October
2013. Mr. C.S. Muthu Subramaniyan, President of the Chamber
appreciated Mr. Singh’s great involvement in the activities of the
Chamber in the pas 7-1/2 years of tenure at Chennai and his close
relationship with all trade organization in the Southern region. He
also welcomed Mr. Roy KHO, the Consul General of the republic of
Singapore- designate and assured Chamber’s co-operation to home in
strengthening the trade relations between India and Singapore. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Thai Trade Show and B2B Sessions (July 11 -14, 2013)
Mr. C.S. Muthu Subramaniyan (right), President of the Chamber, presenting a bouquet of flowers to Mr. Chanchai Charanvatnakit, Consul General, Royal Thai Consulate, Chennai, at the Thai Trade Show.
Thai Trade Show 2013 and B2B Sessions, organized by the Department of International tradepromotion (DITP), Ministry of Commerce, Royal Thai Government, was inaugurated by Mr. Chanchai Charanvatnakit, Consul General of Royal Thailand, on 11th July 2013 at Chennai Trade Center.
The Show was an annual event organized by DITP for the 10th consecutive year. It was an exclusive exhibition of Thailand products from various trading Thai companies. The products included Fashion Jewellery, Household & Kitchenware, Gift & Decorative Products, Educational Toys, Health & Beauty and more.
The inaugural session was attended by Mr. C.S. Muthu Subramaniyan, President; Mr. C. Sarat Chandran, Director; Mr. J. Elango, Treasurer and Mr. P. Gopalakrishna, Secretary of the Chamber. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Reception in honour of the new Deputy High Commissioner of Sri Lanka in Southern India, Chennai (June 4, 2013)
The Chamber organized a Reception in honour with Mr. A. Sabarullah Khan, new Deputy High Commissioner of Sri Lanka in Southern India, at Hotel Taj Coromandel, Chennai.
Mr. A. Sabarullah Khan, Deputy High Commissioner of Sri Lanka in Southern India, Chennai addressing the members of the Executive Committee. Seated (R to L): Mr. C. Sarat Chandran, Director; Mr. C.S. Muthu Subramaniyan, President and Mr. P. Gopalakrishna, Secretary of the Chamber
It was attended by members of the Executive Committee and senior officials from the Deputy High Commission of Sri Lanka in Southern India at Chennai. Mr. C.S. Muthu Subramaniyan, President of the Chamber, congratulated Mr. Khan on his assuming the office and narrated the activities of the Chamber. He also assured the Chamber’s co-operation to him for development of business relations between India and Sri Lanka. Mr. Khan, in his reply, thanked the President for giving opportunity to meet the Executive Committee members and assured his support to the Chamber. Mr. C. Sarat Chandran, Director of the Chamber proposed the vote of thanks.
The Dinner was hosted by Mr. Soundara Rajan, Vice- President of the Chamber. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Seminar on Connecting Singapore (May 16, 2013)
Mr. Ajit Singh (second from right), Consul General of the Republic of Singapore, Chennai, interacting with the audience. Others (R to L); Mr. C. Sarat Chandran, Director; Mr. C.S. Muthu Subramaniyan, President and Mr. P. Gopalakrishna, Secretary of the Chamber.
The Chamber organized a ‘Seminar on Connecting Singapore’ on May 16th, 2013 at Hotel Accord Metropolitan, Chennai. Mr. Ajit Singh, Consul General of Singapore at Chennai, delivered the Keynote Address. It was followed by presentations made by the representatives of the organizations connected to Singapore.
Mr. Ajit Singh, in his address, said that bilateral trade between Singapore and India has been SGD 29.8 billion and India is ranked 11 among Singapore’s top trading partners. Singapore has also emerged as one of the largest source of FDI inflow into India, it was the second largest investor in India in 2012.
The Consul General pointed out that Singapore is an ‘attractive investment, business, education and tourist destination’. Reasons are fourfold – (1) Singapore is an ever-evolving metropolis in the heart of Asia - a global city - reflecting the region’s future and ambition; (2) Singapore is a connected city because of the ease with which global markets can be accessed through its state-of-the-art infrastructure; (3). It is an “open city - to capital and enterprise and ideas. (4). Singapore has a good business and social infrastructure transparent government policy - making process, an efficient legal framework for settling disputes and a corruption free environment.
“We would like India to continue to be our partner in the growth story as much as we like to be part of India’s growth. We will continue to encourage Singapore companies to come to India. Similarly, cash-rich medium to large sized companies are currently undergoing a globalization wave in India. Singapore offers abundant opportunities for Indian private sector enterprises”, Mr. Singh added.
(L to R): Ms. Indra Suppiah, Centre Director, IE Singapore, Chennai; Mr. Arvind Ayyala, Centre Director, EDB Singapore, Mumbai; Mr. Sivakumar Arumugham, VP-SME Banking, DB S Bank Ltd, Chennai
Ms. Indra Suppiah, Centre Director, International Enterprise Singapore (IE Singapore), Chennai, in her presentation on ‘Partnering Singapore and Asia beyond’ narrated that IE Singapore is the government agency driving Singapore’s external economy, It spearheads the overseas growth of Singapore-based enterprises and promotes international trade. The agency also has a global network in about 38 locations, with presence in many emerging markets. She elaborated further the economy of Singapore and the opportunities to do business there.
Mr. Arvind Ayyala, Centre Director, Export Development Board Singapore (EDB), Mumbai, in his address on ‘Globalising Business through Singapore’, said that they create value-adding solutions for investors and companies in Singapore to ensure and safeguard the existence sustainable economic growth with vibrant business and good job opportunities. He gave an overview of the different sectors of the economy and narrated the existing minimal restrictions and tariffs for trading with and doing business in Singapore.
Mr. G.B. Srithar, Area Director, Singapore Tourism Board and Ms. Carol Ong, Manager, Singapore Airlines, who jointly made a presentation on ‘Your Singapore - Mixing Business with Leisure’, talked of looking to Singapore for rest and relaxation and gave compelling presentations on visiting Singapore not merely as a tourist but for a transformational experience. Singapore Airlines is now operating 99 weekly flights from 12 cities in India to Singapore and it has become a key aviation hub for India.
Mr. Sivakumar Arumugham, VP- SME Banking of DBS Bank Ltd., said that DBS Bank provides a full range of services in consumer, SME and corporate banking activities across Asia. In India, DBS opened its first branch in 1995 and is headquartered in Mumbai. DBS offers innovative and comprehensive financial solution to small and medium-sized enterprises (SMEs), financial institutions and several local and global blue-chip companies.
(L to R): Ms. Carol Ong, Manager, Singapore Airlines, Chennai; Mr. G.B. Srithar, Area Director, Singapore Tourism Board, Mumbai and Mr. A. Lakshminarayana, Vice- President, Coastal Energy Pvt. Ltd, Chennai
Mr. A. Lakshminarayana, Vice-President, Coal & Oil Group, Chennai, in his presentation on ‘A Singapore Story in Tamil Nadu’, said that the Group is a Rs. 2400 crores (US$ 550 million) Integrated Energy Company involved in various aspects of Energy supplies including Coal trading, Mining, Shipping, Logistics and Power Generation. The Group has been sourcing quality Coal and shipping to over 30 ports in India, Pakistan and Africa. Coastal Energen Pvt Ltd (ENERGEN), the Power Generating Flagship Company of the Coal and Oil Group, is setting up a 1200 MW coal fired thermal power plant in the district of Tuticorin in Tamil Nadu.
Earlier, Mr. C.S. Muthu Subramaniyan, President of the Chamber, in his welcome address, said that Singapore, ranked as the 17th wealthiest country in the world, is India’s largest trading partner among ASEAN countries and it is a major source of FDI inflows into India. Bilateral trade has expanded significantly since the conclusion of the Comprehensive Economic Cooperation Agreement in 2005 and it amounted to US$ 17.44 billion in 2010-11. Singapore became one of the world’s most prosperous countries with strong international trading links, its ports are of the world’s busiest in terms of tonnage handled and it is recognized as a hi-tech hub in the Asian continent.
Mr. C. Sarat Chandran, Director of the Chamber, in his concluding remarks, highlighted the significant progress made by Singapore during the past two decades.
The Seminar was co-sponsored by Coal and Oil Group, Hindustan University and DBS Bank. The event was well attended and covered by the media. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Interactive Meeting with the new Ambassador of Indonesia (January 28, 2013)
The Chamber organized an Interactive Meeting with the new Indonesian Ambassador in New Delhi His Excellency Drs. Rizail W. Indrakesuma, on 28th January 2013 at Hotel Residency Towers, Chennai.
In his address, His Excellency said that bilateral business promotion matters between Indonesia and India would be taken to the next level through the forming of a Comprehensive Economic Co-operation Agreement (CECA).
Stating that Indonesia was seized of the importance of India’s role in future and the benefits of closer bilateral engagement, Drs. Indrakesuma, on his part, promised to “knock on the doors of Jakarta” to expedite the Indonesian side’s responsibilities for firming up the Agreement. “The agreement is one of our top priorities,” he said.
His Excellency Drs. Rizali W. Indrakesuma, Ambassador of Indonesia in New Delhi, delivering his address. Mr. C.S. Muthu Subramaniyan, President of the Chamber, is also seen.
The Ambassador expressed his confidence that bilateral trade and investment, which had not taken off to potential, would shift gears in the coming years. Though it is currently pegged at about $ 20 billion, the bilateral business is projected to gross $ 45 billion by 2015 he added.
However, H.E Drs. Indrakesuma took a more realistic position stating that while the USD 40 billion target would certainly be achieved, 2015 as the target date seemed a bit too ambitious. Over six decades of bilateral engagement, Indonesia and India have not cooperated as intensely or maximized the potential in their economic relationship, he felt.
“If you go through the numbers, barring a few businesses and projects, the level of trade was not as much as one would expect from two large democracies who are friendly neighbours as well. There was also a lag … from the mid 1960s to the 1990s when both countries practically ignored each other, took one another for granted and overlooked the opportunities for partnerships,” he said.
His address was followed by lively interaction.
Earlier, Mr. C.S. Muthu Subramaniyan, President of the Chamber, in his welcome address, made a presentation on the growth of trade between India and Indonesia during the past one decade. Mr. C. Sarat Chandran, Director of the Chamber, presented the concluding remarks.
The meeting, arranged at a short notice of three days, was well attended by the Executive Committee Members of the Chamber and widely covered by the media.
The event was co-sponsored by Coastal Energy Pvt. Ltd. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Interactive Meeting with The Ambassador of Socialist Republic of Vietnam (July 20, 2012)
His Excellency Mr. Nguyen Thanh Tan (second from right), Ambassador of Socialist Republic of Vietnam, is seen with (L to R) Mr. P. Gopalakrishna, Secretary; Mr. C. S. Muthu Subramaniyan, President and Mr. C. Sarat Chandra, Director of the Chamber
The Chamber organised an Interactive Meeting with His Excellency Mr. Nguyen Thanh Tan, Ambassador of Socialist Republic of Vietnam in New Delhi, at Hotel Accord Metropolitan, Chennai.
His Excellency, in his address, said that about 160 Indian companies are functioning in Vietnam at present strengthening India and Vietnam relationship. A direct flight is likely to be introduced during this year for which the MoU between Jet Airways and Vietnam Airlines is expected to be signed shortly.
The present bilateral trade is at $ 3.9 billion and by 2015, it is expected to reach the target of 7 billion. He pointed out that in 2010, a bilateral trade relation was at $ 2.7 billion and it had doubled within one year.
His Excellency said that Tata Group is holding negotiations with Government of Vietnam to set up steel factory there with an investment of $ 5 billion. Tata has already signed a MoU in 2007 with the Government of Hatinh Province to set up a steel factory and that negotiations are going on for the same between the two countries.
India is one of the largest exporters to Vietnam, which ships auto components, rubber, pharmaceuticals among others, while it imports tea, coffee, mobile phone equipments, wheat and tobacco products from Vietnam, the Ambassador added.
Mr. Ngo Quang Trung, Second Secretary to the Ambassador of Socialist Republic of Vietnam, made an impressive presentation on tourism in Vietnam.
Earlier, Mr. C.S. Muthu Subramaniyan, President of the Chamber, in his welcome address, said that Vietnam adopted an overall economic renovation policy, popularly called “Doi Moi’ in 1986, which aims at shifting economic priority from heavy industry to three major economic programmes, namely, production of foods & consumer goods and increase exports; reducing state intervention in business; and encouraging foreign and domestic growing economies in the world. Agriculture has developed significantly, transforming Vietnam from a net food importer to the World’s second largest exporter of rice.
Vietnam continues to be an attractive investment destination for Indian companies. Several Indian companies have invested in sectors as diverse as oil and gas, steel, minerals, tea, coffee, sugar and food processing in Vietnam. OVL, Essar Exploration and Production Ltd, Nagarjuna Ltd, Venkateswara Hatcheries, Philips Carbon and McLeod Russell are some of the major investors, he added.
Mr. C. Sarat Chandran, Director of the Chamber, presented the Concluding Remarks.
The meeting was well attended and covered by electronic and print media. The Chamber thanks Indian Overseas Bank and C & O Group for co-sponsoring the Interactive Meeting. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Seminar on "Business Opportunities in Thailand" (March 13, 2012)
Mr. Chanchai Charanvatnakit, Consul General, Royal Thai Consulate General, Chennai, delivered the Keynote Address at the Seminar, organized by the Chamber at Hotel Taj Coromandel, Chennai.
Mr. Chanchai Charanvatnakit, in his address, said that bilateral trade between India and Thailand grew from US $ 4.7 billion in 2007 to US $ 8.2 billion in 2011, almost a double during last 4 years — India’s major exports to Thailand are Gem and Jewellery, other metal ores/waste/scrap, chemicals, machinery/parts, vegetables, vehicle parts, electrical household appliances, pharmaceutical products, seafood, yarn and fibers, iron/steel, electrical machinery/parts, finished oils, fertilizer/pesticide and fabrics. In return, India’s major imports from Thailand are chemicals, polymers of ethylene, propylene, machineries, motor cars/parts, spark-ignition reciprocating internal combustion piston, gems & jewellery, rubber, computers/parts, iron/steel, sugar, air conditioners/parts and aluminium products.
Mr. Chanchai Charanvatnakit, Consul General, Royal Thai Consulate General, Chennai, addressing the members of the Chamber. Seated (L to R) Mr. P. Gopalakrishna, Secretary of the Chamber; Dr. Chavalit Rojjanaprapayon, Director, Thai Trade Center, Chennai; Mr. C. S. Muthu Subramaniyan, President; Mr. C Sarat Chandran, Director of the Chamber and Mr. Sethaphan Buddhani, Director, Tourism Authority of Thailand, Mumbai.
While turning to investment between India & Thailand, the Consul General said, India’s private sector has invested in Thailand in the fields of heavy industry, chemicals and petrochemicals with total investment value of USD 111.70 million from 15 projects in 2009. Last year alone, investment applications from India received at Thailand’s Board of Investment were valued at US $ 60 million. Big Indian companies such as Birla Group, Tata Motors and Indorama have invested in Thailand”, he added.
Thereafter, impressive presentations were made by: Dr. Chavalit Rojjanaprapayon, Director, Thai Trade Center, Chennai -- “India-Thailand Trade Relations; Mr. Sethaphan Buddhani, Director, Tourism Authority of Thailand, Mumbai -- “India-Thailand Tourism; Mr. Rajani Jaganathan, Head- Business Operations, Lucky Group, Chennai -- “My Expat Experience in Thailand” and Mr. Vidhyashankar Sriram, Commercial Bank Specialist, Citibank, Chennai -- “Citibank-- Global Services and Connecting India and Thailand”.
Seated (L to R): Mr. C. Sarat Chandran, Director of the Chamber; Dr. Chavalit Rojjanaprapayon, Director, Thai Trade Center, Chennai; Mr. Chanchai Charanvatnakit, Consul General, Royal Thai Consulate General, Chennai; Mr. C.S. Muthu Subramaniyan, President of the Chamber; Mr. Tajtai Tmangraksat, Deputy Consul General,Royal Thai Consulate General, Chennai and Mr. Sethaphan Buddhani, Director, Tourism Authority of Thailand, Mumbai.
Standing (L to R): Mr. Rajani Jaganathan, Head- Business Operations, Lucky Group, Chennai; Mr. S.K Hazari, Former President and Mr. P. Gopalakrishna, Secretary of the Chamber; Ms. Chantana Seelsorn Lao, Consul, Royal Thai Consulate General, Chennai; Mr. Vidhyashankar Sriram, Commercial Bank Specialist, Citibank, Chennai and Mr. J. Elango, Treasurer of the Chamber.
While Mr. C.S Muthu Subramaniyan, President of the Chamber, delivered the welcome address, Mr. C. Sarat Chandran, Director of the Chamber, presented the concluding remarks.
The event was co-sponsored by Citibank N.A and Coal & Oil Group, Chennai, and well attended by both members and non-members. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Bidding farewell to Mr. Vadivel Krishnamoorthy Deputy High Commissioner of Sri Lanka in Southern India (February 27, 2012)
Mrs & Mr. Vadivel Krishnamoorthy (seated 2nd and 3rd from left) are seen with members of the Executive Committee of the Chamber with special invitees
The Chamber organized a meeting on 27th February 2012 at Hotel Residency Towers, Chennai, to bid farewell to Mr. Vadivel Krishnamoorthy, Deputy High Commissioner of Sri Lanka in Southern India, who was transferred to Sri Lanka. On behalf of the Chamber, Mr. C.S Muthu Subramaniyan, President, presented a memento to Mr. Vadivel Krishnamoorthy.
The meeting was attended by members of the Executive Committee of the Chamber and special invitees. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Meeting with Mr. Janaka Ratnayake Chairman, Sri Lanka Export Development Board (December 16, 2011)
Mr. Janaka Ratnayake (second from left), Chairman, Sri Lanka Export Development Board, interacting with the audience. Others: (L to R) Mr. C. Sarat Chandran, Director and Mr. B.K. Achan, Vice-President of the Chamber; H.E. Mr. Vadivel Krishnamoorthy, Deputy High Commissioner of Sri Lanka in Southern India and Mr. S.K. Hazari, Past President of the Chamber.
A meeting with Mr. Janaka Ratnayake, Chairman, Sri Lanka Export Development Board, Colombo, was jointly organized by the Sri Lanka Deputy High Commission in Southern India and our Chamber at Hotel Taj Coromandel, Chennai. Mr. Ratnayake made a presentation on their forthcoming “Sri Lanka Expo 2012” to be held from 28th to 30th March 2012 at Colombo.
Mr. Vadivel Krishnamoorthy, Deputy High Commissioner of Sri Lanka in Southern India, actively participated and delivered the opening remarks.
The Sri Lanka Expo 2012, envisages the participation of around 300 companies including all the leading exporters in the industry. This will be an event to bring all the leading exporters associated with the strategic export sectors to showcase their export products and services on one flat form. It is also targeted to attract over (1000) thousand buyers covering all the market regions including India.
Mr. Janaka Ratnayake, in his address, said that they are holding the Expo after a gap of 15 years to increase the export volume with India, to convert Sri Lanka as the next best investment destination and tourist centre.
“After 30 years of conflict, we have created conducive environment with political stability for business investment. We are growing at a rate of 8.5 per cent per annum, even as big nations are facing a slowdown. There are good number of opportunities in sectors such as electronic products, ICT/ KPO/ BPO, gems and jewellery, cinnamon and spices, apparels, tea and fisheries. We invite the Indian businessmen to look at Sri Lanka seriously”, he added.
Noting that the trade deficit with India, which was around $2.4 billion last year, we set to touch $3 billion, Mr. Ratnayake said “this is our concern. We are here to convince and invite trading partners and investors to look at Sri Lanka as the next investment destination. We have road shows for the exposition in U.K., Middle East and Europe. In India, it was held in New Delhi and Mumbai. We received enquiries for plantation, ICT and BPO sectors. This is also an opportunity for SMEs and other manufacturers to display their products, networking, business-to-business meetings and industrial visits”.
Sri Lanka aimed to attract Foreign Direct Investment of $15 billion by 2015 and $20 billion by 2020 and opportunities existed in fields of infrastructure, tourism and hospitality.
Mr. Vadivel Krishnamoorthy, Deputy High Commissioner of Sri Lanka in Chennai, in his opening remarks, said that the confidence of international investors in Sri Lanka was improving steadily. Besides, international rating agencies had upgraded Sri Lanka’s sovereign ratings and its outlook in a positive direction for the second consecutive year.
While inviting Indian businessmen to help Sri Lanka maintain sustainable trade balance between trading partners, he said that the main objective of Sri Lanka Expo 2012 was to address the imbalances globally as well as with individual trading partners.
On the tourism front, he said that from January to October 2011, about 1.38 lakh Indian visited Sri Lanka, marking an increase of 45 per cent over the previous year. Sri Lankans increasingly saw Tamil Nadu as their favourite destination for medical treatment and shopping. Sri Lankan Airlines had also launched its fourth direct daily flight from Colombo to Chennai recently.
Audience at the Meet
Mr. C. Sarat Chandran, Director of the Chamber in his Welcome address, said “Sri Lanka is now at the cross-roads of history. After a protracted civil war that lasted about a quarter century. Sri Lanka is now moving ahead making rapid strides in the economy, turning a traditional plantation economy into one of the most vibrant and sophisticated economies in the world in a stunning transformation”. He urged the Sri Lanka Export Development Board to re-open the Trade Centre in Chennai to showcase Sri Lankan products following change in business and investment environment.
Mr. S.K. Hazari, Past President of the Chamber, introduced Mr. Janaka Ratnayake and Mr. B.K. Achan, Vice-President of the Chamber, proposed vote of thanks.
Expo 2012 will be held in BMICH, Colombo from March 28 to 30 -- Investment Forum on March 28, Trade Symposium on March 29 and Forum on Tourism on March 30. The Fair is expected to be attended by around 300 companies and it is targeted to attract over 1,000 buyers (For details please visit: www.srilankaexpo.com). ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈ |
Meeting with Mr. K. Raghu Ram, I.F.S., First Secretary (Designate), Deputy Indian High Commission in Jaffna, Sri Lanka (May 12, 2011)
Mr K. Raghu Ram, IFS (third from right), First Secretary (Designate), Deputy Indian High Commission, Jaffna, is seen with (L to R): Mr. P. Gopalakrishna, Secretary of the Chamber, H.E. Mr. Vadivel Krishnamoorthy, Deputy High Commissioner for Sri Lanka in Chennai; Mr. C.S. Muthu Subramaniyan, President; Mr. S.K. Hazari, past President and Mr. J. Elango, Treasurer of the Chamber.
The Chamber organized a meeting with Mr. K. Raghu Ram, IFS, Deputy Secretary, Ministry of External Affairs, Government of India, Chennai, on his appointment as the First Secretary (Designate), Deputy Indian High Commission in Jaffna, Sri Lanka. This meeting was held at Hotel Savera, Chennai. It gave an opportunity to members to offer suggestions for development of business relations between India and Sri Lanka, in particular Jaffna. H.E. Mr. Vadivel Krishnamoorthy, Deputy High Commissioner for Sri Lanka in Chennai, attended the meeting as a Special Guest.
Mr. C.S. Muthu Subramaniyan, President, India-ASEAN-Sri Lanka Chamber of Commerce & Industry (IASLCCI), in his welcome address, congratulated Mr.Raghu Ram, on his elevation to the position of First Secretary at the Deputy Indian High Commission in Jaffna and narrated the close relations of IASLCCI with Chambers of Commerce in Sri Lanka, especially in Colombo and Jaffna. He appreciated the Government of India for opening an office of the Deputy High Commission in Jaffna, which is now being developed by Sri Lankan Government by offering attractive incentives for setting up industries and facilities for the business community at large. He further said that Indian Bank recognized growing trade in Jaffna and opened its branch in the city recently.
The President pointed out that the demand for buses and trucks had been increasing in the recent past in view of the rise in commercial activities, and that Lanka Ashok Leyland, which is an Indian company, is building and supplying the required type of vehicles.
Mr. Somi Hazari, past President of IASLCCI, while introducing the Chief Guest, Mr.Raghu Ram, I.F.S., said that trade relations between India and Sri Lanka has been growing for the past few years and setting up of the office of Deputy Indian High Commission at Jaffna is a boon to the Indian business community.
H.E. Mr. Vadivel Krishnamoorthy, in his address, highlighted the measures being taken by the Sri Lankan Government for industrial development and its keen interest in promoting business relations between India and Sri Lanka. He assured the full cooperation of his office to the Chamber for strengthening the two-way trade between the countries and that regulations for issue of Business Visa to his country has been simplified.
Mr. Raghu Ram, thanked the Chamber for organizing the meeting to interact with the business community and invited the members to offer suggestions to further promote the trade relations between the two countries.
Mr. J. Prasad Davids, retired Advisor and Secretary of Southern Indian Chamber of Commerce & Industry, Mr. Gamini Wickramasinghe, Chairman, Bank of Ceylon, and several others offered suggestions.
On behalf of the Chamber, H.E. Mr. Vadivel Krishnamoorthy, Deputy High Commissioner for Sri Lanka in Chennai, presented a memento to Mr. K. Raghu Ram.
Mr. J. Elango, Treasurer of the Chamber, proposed a vote of thanks.
The meeting was attended by members and non-members of the Chamber.
India and China have emerged today as the two most powerful and influential Asian nations in terms of their economic capabilities and geopolitical standing. Singapore has a special relationship with both of them. Business alliances between Singapore and these two countries have been long-standing and constructive. International companies cognizant of Singapore’s attributes and links with India and China have chosen Singapore to be the base for their ventures into these two Asian giants and their respective regions. Singapore has the potential to be India’s springboard into China and East Asia, and China’s venture into India and the sub-continent. ≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈≈
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