Report on Investment Road Shows (Phase 2) organized by FICCI on behalf of Government of Tamil Nadu
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1 Report on Investment Road Shows (Phase 2) organized by FICCI on behalf of Government of Tamil Nadu
2 Proceedings Investment Road Shows (Phase 2) organized by FICCI on behalf of Government of Tamil Nadu at Cochin Jaipur Chandigarh Indore INDEX S.NO PARTICULARS PAGE # 1 Roadshows Report and Photos List of Speakers who had attended from Industry List of Speakers from the Government Roadshows Presentation
3 Tamil Nadu Global Investors Meet Investment Roadshow 25th June 2015, Hotel Taj Gateway, Kochi Tamil Nadu Begins Third Leg Of National Road Shows With Kochi Supply chain integration, inter-state MSME networking and East to West inter-port connectivity top the agenda. The Government of Tamil Nadu sought to establish a collaborative agenda with the industries and investors of neighbouring Kerala by kicking off the third leg of its national road shows in Kochi. Mr. Deepak L Aswani, Co-Chairman, FICCI Kerala State Council & Managing Partner, Lachmandas & Sons, Cochin welcomed the potential investors who came for the road show to hear about the various investment prospects in Tamil Nadu. He said, We are positive that the people in Kerala would evaluate the strengths of the state and interact with the current investors in Tamil Nadu and the government officials. Mr. Kapil Krishan, CFO, Manappuram Finance Ltd. persuasively made a case for enhancing access to innovative industrial financing schemes for the MSME Sector. Given the revitalized industrial sentiment and activity, our lending business in Tamil Nadu is rising by at least 40% by Mr. Rajeev Ranjan I.A.S, Principal Secretary to Government, Highways and Minor Ports Department, Government of Tamil Nadu, stressed on the need to enhance inter-port transit road and rail infrastructure to boost export oriented manufacturing. Mr. N Eswara Rao, President-Special Economic Zones, SREI Infrastructure Finance, while highlighting the comparative developments of port infrastructure and shipping capabilities on the coasts of the two States, made a case for coordinated investments in industrial clusters. Mr Arun Mammen, Managing Director, Executive Director of MRF highlighted the crucial role of the two States in streamlining supply chains for his industry, given that Kerala produces 92% of the country s rubber. Mr. K. Bhavadasan, Managing Director, K.P. Namboodiri s Group, proposed a roadmap for sustainable power infrastructure spanning across the two States. Mr. Vijay Pingale, IAS, Joint Secretary, Industries Department, Government of Tamil Nadu, in his special address, invited the Government of Kerala to jointly develop strategies for coordinated industrial, infrastructural and finance development, especially for the MSME sector in the run up to the GIM 2015.
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5 Tamil Nadu Global Investors Meet Investment Roadshow 9th July 2015 (Thursday), Hotel Marriott, Jaipur TN s Investment Promotion Campaign Witnesses Logistics Push in Jaipur A clear sense of complementarities was visible, with investment promotion discourse involving two competing States one betting heavily on the DMIC, the other on port-led development. The Government oftamil Nadu todayled an investment promotion campaign delegation to Jaipur, with the objective of articulating its investment opportunities for the business fraternity of Rajasthan. While key aspects of competition between the two States were evident, viz. share of cluster based industries like auto, vibrancy of the MSME sector, labour productivity, etc. But industrial logistics emerged as the central theme bringing about a unity of purpose for States engaged in the Make in India mission. Mr. N K Jain, Member of the FICCI Rajasthan State Council, and President of The Employers Association of Rajasthan highlighted the perspective of the domestic road show circuit and response received from participants to date. He also mentioned that Rajasthan s industrialists have good opportunity today to evaluate and discuss with key government officials of Tamil Nadu for investment. Thiru Jag Mohan Singh Raju, IAS, Principal Secretary to Government, Micro, Small and Medium Enterprises Department, Government of Tamil Nadu said, We, at Tamil Nadu, have facilitated over 190 project proposals through single window facilitation, with cumulative investment of USD 10 billion. To provide skilled manpower, we have 572 engineering colleges with an annual turnout of 1,82,225 engineering graduates. On the FDI side, we have the highest cumulative FDI inflow of USD 17.6 Billion. Tamil Nadu accounts for over 15% of the total MSMEs, the highest in India, providing employment to over five million people. In the last decade, the number of MSMEs has grown by over three times. Manufacturing units in Tamil Nadu produce over 8000 varieties of products, both for domestic and export markets. This has only been possible because of the infrastructure development initiatives, proactive policy framework and support extended to MSMEs by the State Government., said Dr. VijayPingale, IAS, Joint Secretary, Industries Department, Government of Tamil Nadu and Nodal Office Global Investors Meet (GIM).
6 Dr. Veerappan V., Co-founder of Tessolve Semiconductor, while presenting the prospects for the industry in both the States due to the Smart Cities campaign, emphasized on the affinity towards the hi-tech sector and corresponding skills development that Tamil Nadu consistently exhibits. It was due to this, he said, that the 12 smart cities envisaged in Tamil Nadu would all be success stories. He further added and said, Tamil Nadu government is the most responsive and industry friendly government. Be it power, be it water, be it infrastructure or manpower, TN Government provides best ecosystem to the investors to start their operations in stipulated timeframe. Mr. B.C. Datta, Assistant Vice President - Finance at Hyundai Motor India, elaborated on the evolving policy ecology that had propelled Tamil Nadu to a nodal position on the global automotive industry map.
7 Tamil Nadu Global Investors Meet Investment Roadshow 04th August 2015, Hotel Taj, Chandigarh The Chandigarh road show delegation made a clear pitch to North India s traditional MSME sector to explore the opportunities that the Southern State promises. The Government of Tamil Nadu today brought its investment promotion campaign delegation to Chandigarh, with the objective of articulating its investment opportunities for the traditional MSME sectors of Punjab, Haryana and Himachal Pradesh. While key aspects of competition between the two States were evident, viz. share of cluster based industries like textiles, vibrancy of the MSME sector, labour productivity, etc., the crucial role played by the MSME sector emerged as the core theme bringing inducing competitive federalism among States engaged in the Make in India mission. Mr Ashok Khanna, (MD Khanna Watches Ltd) Member Chairman of the FICCI Regional Council, highlighted the perspective of the domestic road show circuit and response received from participants to date. Tamil Nadu accounts for over 15% of the total MSMEs, the highest in India, providing employment to over five million people. In the last decade, the number of MSMEs has grown by over three times. Manufacturing units in Tamil Nadu produce over 8000 varieties of products, both for domestic and export markets. This has only been possible because of the infrastructure development initiatives, proactive policy framework and support extended to MSMEs by the State Government, said Dr. Vijay Pingale IAS, Joint Secretary, Industries Department, Government of Tamil Nadu. The Government delegation screened a series of testimonials from who s who from among Tamil Nadu s key investors on the advantages of investing in the State. Mr Jagmohan Singh Raju, IAS, Principal Secretary to Government of Tamil Nadu, Micro, Small and Medium Enterprises Department, rapidly skimmed through statistics to reassert his State s lead in various sectors from automobiles to textiles, etc., and invited the region s State Governments to participate in cooperative deliberations on enhancing skills development and manufacturing sectors, on the sidelines of the upcoming Global Investors Meet. Dr Vijay Pingale, IAS Nodel Officer - Global Investors Meet 2015 & Joint Secretary- Industries of Tamil Nadu. "The event is being organised to create a brand image. Tamil Nadu has done extremely well in the last 15 years. We want to create the brand image not only in the country but also internationally. We want to become as investors paradise. We are in healthy competition with the other states. Attending our seminar will make you sure to invest in Tamil Nadu.
8 We have tied up with countries like Singapore, Malaysia, Taiwan, Australia, Canada, Japan, Korea, & UK. Adding to this 30 more countries have promised us to participate in the event. Government Officials, academicians and CEOs of top establishments will be participating in the seminar. Similarly top officials from France, Japan, UK, Korea and US will take part in the seminar. They will show their area of interest in our state. National and International banks have also agreed to guide the investors. Besides this, we are in talks with hotels and travel agents in Tamil Nadu. They are offering handsome concession to the investors. We also have our trained team to facilitate the investors."
9 Tamil Nadu Global Investors Meet Investment Roadshow 12th August 2015, Hotel Radison Blu, Indore The last and final domestic roadshow to promote GIM 2015 was held at Indore. Welcome Address was delivered by Shri Hemant Mehtani, Vice President (FMPCCI) & President, AIMP, Indore who mentioned that earlier there used to be lot of road shows from the other states but after a long gap the State of Tamil Nadu has realized the potential in this city. He was glad that it was held in Indore. Ms. Latha, Deputy Secretary, Industries Department, Govt. of Tamil Nadu made a brief presentation about the event, the sectorial seminars, the logistics and the potential for delegates to invest in Tamil Nadu. She welcomed everyone to visit the GIM Dr. Veerappan V, Co-Founder, Tessolve Semiconductor Pvt. Ltd shared his experience in investing in Tamil Nadu and the fruits he has been getting in doing so. It encouraged many others in the audience. Thiru Rajeev Ranjan I.A.S, Secretary to Govt, Highways and Minor Ports Department, Government of Tamil Nadu made a detailed presentation about the advantage in investing in Tamil Nadu and ended by welcoming all the guest to visit and invest in the Investors Paradise Tamil Nadu. Dr. Gautam Kothari, President, Pithampur Audhyogik Sangathan & Ex- Managing Committee Member, (MPCCI) proposed the vote of thanks after a long q & a session.
10 List of Speakers who had attended from Industry S.No Speaker Name-Designation-Company Speaker 1 Mr. Arun Mammen Managing Director, Executive Director MRF Ltd 2 Mr. Eswararao NandamPresident - Special Economic ZonesSREI Infrastructure Finance Limited 3 Dr. Veerappan V Co-Founder Tessolve Semiconductor Pvt. Ltd 4 B.C. Datta Vice President, Hyudai Motors
11 List of Speakers from the Government S.no Speaker Name-Designation-Company Speaker 1 Thiru Jagmohan Singh Raju, IAS Principal Secretary to Govt./ Industries Commissioner and Director of Industries & Commerce and Managing Director, SIDCO Government of Tamil Nadu 2 Thiru Rajeev Ranjan IAS Principal Secretary to Government Highways and Minor Ports Department Government of Tamil Nadu
12 3 Dr. Vijay Pingale, IAS Joint Secretary, Industries Department & Nodal Officer Global Investors Meet Government of Tamil Nadu 4 Tmt. G. Latha IAS Deputy Secretary, Industries Department Government Tamil Nadu MEDIA COVERAGE REPORT FOR ROAD SHOWS Kochi TN Global Investment Meet to Focus on Technology, Expertise Jun 29th, 2015 KOCHI: As part of wooing investors in and outside the country, the Government of Tamil Nadu will conduct its first ever Global Investment Meet at Chennai Trade Centre in September. The two-day meet commencing on September 9 will be attended by around 3,500 delegates of which 1,000 will be international delegates. Briefing the same during a roadshow, a promotional programme being organised as part of the meet, conducted here on Thursday, Vijay Pingale, Joint Secretary-Industries Department, Government of Tamil Nadu and also the Nodal Officer of Global Investment Meet 2015, said that the meet will act as a brand image for Tamil Nadu. Through this meet we plan to present Tamil Nadu as an investment paradise. The investment that we target to generate through the programme is around one lakh crore. During the next two months we will conduct road shows in and outside the country highlighting the need to investment in Tamil Nadu. Country specific seminars, pavilions, exhibitions and others will make this meet unique from that of others, said Vijay Pingale.
13 Speaking on the occasion, Deepak L Aswani, co-chairman FICCI Kerala, said Tamil Nadu is an ideal place for investments as it had all components needed for an industry. He added that once the meet is over, a large number of investors from the state will shift to Tamil Nadu. Principal Secretary, Highways and Ports Department, Government of Tamil Nadu, Rajeev Ranjan, who delivered the key note address, said that the government is looking towards technology and expertise, other than money. The meet will stress on foreign direct investment. We are not concentrating on money alone. We allure technology and expertise also. The meet will have an infotainment seminar and a special discussion will be conducted on graphics, as the state has now turned out to be a hub of Bollywood as well as Hollywood films, said Rajeev Ranjan. The organisers said that delegate registration is free of cost and 500 delegates have already registered for the meet. They also added that the next road show is scheduled to take place at Jaipur on July 10.
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