Odisha has shifted to a broad-based and inclusive economic growth from

Odisha has shifted to a broad-based and inclusive economic growth from the pre-2000 era’s resource-dependent development:
CM Naveen Patnaik at FICCI’s 93rd Annual General Meeting

 

Shri Naveen Patnaik, Hon’ble Chief Minister Odisha addressed the 93rd Annual general meeting of Federation of Indian Chambers of Commerce & Industry (FICCI), today and highlighted Odisha’s industrial growth in the last two decades by persuing of sound industrial policies and transforming of the state by value-addition to the vast natural resources it is endowed with.

 

The session started with the welcome address by Dr. Sangita Reddy, President, FICCI, Joint MD, Apollo Hospitals, who spoke about the investor-friendly industrial climate of Odisha.

 

This was followed by a video presentation on how the state of Odisha, under the able leadership of Hon’ble Chief Minister has transformed itself into an industrial powerhouse within two decades and how in spite of economic slowdown due to COVID-19, Odisha could get very high investments during this period.

 

Industry leaders Mr. Harsh Pati Singhania, MD, JK Paper Limited and Mr. Sandip Somany, MD, HSIL were all praise for Hon’ble Chief Minister, Odisha for his visionary leadership and shared their experiences about robust industrial facilitation in Odisha and the support from the state government for industrial investments. 

 

Hon’ble CM also stated that the state government is embarking upon the second phase of value addition through its vision 2030 plan, which aims at adding up to 50% value to the metals produced in the state, thereby opening up vast vistas for investment in the state.

 

Concluding his speech, he thanked FICCI for being the National Industry Partner for the 3rd edition of the ‘Make in Odisha’ Conclave and requested them to nominate dedicated sectoral teams to work with the respective departments in the Government of Odisha especially in important sectors such as Food Processing, Chemical, Metal and metal downstream, Textile, Tourism and IT.

 

Mr Uday Shankar, President-Elect, FICCI offered vote of thanks to the dignitaries and thanked the Odisha Government for helping the industries during the testing times. He also thanked Hon’ble CM for considering FICCI as the National Industry Partner for the upcoming Make in Odisha conclave and assured all the support from FICCI.

NTPC awarded with prestigious FICCI

NTPC awarded with prestigious FICCI “Jury Commendation Certificate” for Women Empowerment

·         NTPC is the only PSU to receive the FICCI Award this year

NTPC has been conferred with the prestigious FICCI "Jury Commendation Certificate" under the Category "Women Empowerment". The award has been received for NTPC's flagship "Girl Empowerment Mission" Project. NTPC is the only PSU to receive the FICCI Award this year. Shri Anurag Singh Thakur, Hon'ble Minister of State for Finance and Corporate Affairs was the Chief Guest at the virtual 18th FICCI award ceremony held today.

Shri Gurdeep Singh, CMD NTPC received the certificate on behalf of the company. In his video address on receiving the award, CMD NTPC stated that this a humble, yet valuable contribution by NTPC to the national cause of gender justice and empowerment. 

GEM has been launched by NTPC to provide holistic education to girl children in the age group of 10-12 years. The programme prepares the girl child to become a well-rounded adult; instills curiosity and helps them develop better communication and social skills. Furthermore, it encourages girl children to get connected to a subject with their creative skills; develops psychological, social & emotional growth, makes learning natural, engaging, and a fun and meaningful experience.

IIFL Foundation supports hospitals and migrant laborers

IIFL Foundation supports hospitals and migrant laborers 
during Covid19

IIFL Foundation today said it continues its efforts in the fight against Covid19 along with the government and public. After the initial contribution of Rs 5 crore to the PM-Cares Fund, IIFL Foundation has contributed another 20 lacs to various hospitals and NGOs to provide protective gears to frontline staff and food to migrant labourers.

Ms Madhu Jain, Director, IIFL Foundation said, “We joined the fight against Covid19 in the very beginning and promptly contributed to the PM-Cares Fund instituted by the honourable Prime Minister. We also realized there is a shortage of personal protective equipment for medical workers and immediate need for food and other supplies for migrant labourers in the cities.”

“We are happy to have been able to provide safety equipment to Kasturba Hospital, Seven Hills Hospital and Sion Hospital. We have partnered with industry body FICCI and CSR platform Goodera and sincerely appreciate their support in this process.  Similarly we partnered with Saad Foundation to provide food and ration for few hundred families on a monthly basis.”

Dr Rajit Shah, MD, Radio-Diagnosis, Kasturba Hospital, Mumbai said, "We are grateful to IIFL for donating to the social cause of COVID-19. N95 masks and PPE's arrived at the right time and when needed the most. Quality of all materials is top notch.”

Abhishek Humbad, Founder and CEO of Goodera said, "IIFL showed very keen interest to support the frontline health workers with N95 masks and PPE kits in Mumbai. Our collaboration with government bodies, FICCI and NGOs along with curated list of requirements at the hospital level, helped us to quickly conclude the procurement process and deliver to Kasturba hospital through our implementation partners. We also enabled our virtual volunteering and donations platform for IIFL employees to join the cause. IIFL has set an excellent example for corporates to contribute towards Covid relief"

Vaman Kamble, President, Saad Foundation said, “We are delighted with the timely support from IIFL Foundation. This has helped us to provide food and ration to 100 families for a month.”

IIFL Foundation has also engaged over 18,000 employees of IIFL Group to participate in the efforts in a voluntary manner. “Many of them are contributing monetarily as per their wish, while many are joining virtual volunteering efforts like educating children,” said Ms Jain.

IIFL Foundation runs one of India’s largest Corporate Social Responsibility programs in the areas of girl child education, financial literacy, health, water conservation, livelihood intervention and support during disasters. The foundation has received accolades across national and international forums including the prestigious Golden Peacock Award, Global CSR Congress, CSR Summit, Asia One CSR Awards among others. Director Ms Madhu Jain has been felicitated as one of the Women CSR Leaders at the Global CSR Congress.

Stories that Spark interactive session

Stories that Spark interactive session with Mr.Vivek Sunder, COO of Swiggy & Mr. Sanjay Dasari, Co-founder Waycool Foods (Food Chain Sunny Bee)

FICCI FLO Chennai presents Dynamics of Disruption - 'Let's Swiggy' and 'Way Too Cool', two back to back talks by Mr Vivek Sunder, COO Swiggy from Bangalore and Mr. Sanjay Dasari, Founder Sunny Bee to talk about the disruption they are creating in the food space. This will be an exciting crisp business event on disruptive innovations in the food industry as they share their superior knowledge of the ecosystem. 

FLO intends to spread the knowledge of the transitioning of the food industry today as part of its series of talks on disruption in various industries. These two stories are meant to sparks inspiration for members of FLO (FICCI Ladies Organization),  ladies wing of FICCI (Federation of Indian Chamber of Commerce and Industries), established in 1983 as a pan-Indian organization, head-quartered in Delhi. The core activities of FLO revolve around women and their overall development and empowerment at various levels.

FLO Chennai has a membership database of 465 strong women who are into Businesses, independent entrepreneurs, CEO’s, Chartered Accountants, Fashion designers and Homemakers. FLO has had the privilege of hosting leaders including Dr.Nirmala Sitharaman, Ms.Indra Nooyi, Mr. Manish malhotra, Ms Anita Dongre, Dr.Subramanian Swamy, Dr.Shashi Tharoor, Ms.Kanimozhi, Ms Barkha Dutt, Sadhguru and Mr.Arnab Goswami to name a few. 

As a business organization run by women, for women, FLO is hosting talks to facilitate entrepreneurship and share business knowledge with its members.

Flipkart partners with FICCI to conduct workshops for MSMEs across India

Flipkart partners with FICCI to conduct workshops for MSMEs across India to help them grow their business

●     Series of informational events and workshops for MSMEs across India, starts with Ahmedabad on November 21, 2019

●     Aim & theme of workshop ‘Winning Big on E-commerce’ seeks to familiarise MSMEs with e-commerce, the support available to MSMEs, besides knowhow on building brands and best practices

●     MSMEs will get to interact directly with Flipkart leadership to understand how e-commerce can help them grow their businesses

 Flipkart, India’s leading e-commerce marketplace, has partnered with the Federation of Indian Chambers of Commerce & Industry (FICCI) to launch a workshop series across India for MSMEs to help them leverage e-commerce to grow their business. Starting with Ahmedabad on November 21, 2019, Flipkart and FICCI will host a series of workshops on the theme of ‘Winning big with e-commerce,’ wherein MSMEs can understand how the e-commerce marketplace can help them build their businesses and increase brand visibility.

India is home to over 60 million micro, small and medium-sized enterprises, which contribute close to 30% of the country’s GDP and are crucial drivers of job creation and economic growth. The developing e-commerce industry provides a new business opportunity for these entrepreneurs, many of whom are unfamiliar with how to sell online and do not get a chance to regularly interact with online marketplaces to clear their doubts. Flipkart and FICCI’s workshops are designed to address these two pain points.

Flipkart representatives will advise attendees on e-commerce specific accounting and taxation issues, access to capital, how to identify new opportunities, the importance of brand building online, how to build and scale their brands, and supply chain management and inventory planning for e-commerce. Through these workshops, MSMEs will learn more about how to expand beyond their physical brick-and-mortar presence to a pan-India customer base of over 200 million. Flipkart aims to host over 10 such events to begin with, across cities such as Bhubaneshwar, Chandigarh, Guwahati, Nagpur and more.

“Flipkart has always been committed to empowering MSMEs and domestic manufacturers to succeed in India. As a homegrown company, we know that MSMEs play a key role in job creation and India’s economic development, and we understand the importance of giving these businesses an avenue for sustained, faster growth. We have a mission to democratize e-commerce in India supported by innovation and technology and create lasting benefits in the country. We aim to create a robust ecosystem to enable this growth, and familiarizing and supporting MSMEs with the benefits of e-commerce is an essential step in this direction. We look forward to partnering lakhs of MSMEs and bring them into the e-commerce fold over the coming months,” said Kalyan Krishnamurthy, CEO - Flipkart Group.

“MSMEs are one of the key drivers of India’s economic growth; they contribute significantly to the country’s growth, through developing manufacturing and local employment. The development of this sector is a key focus area for the Government of India, as is the strengthening of the digital economy. E-commerce has the potential to serve both these aims, and transform the MSME sector. We are pleased to work alongside Flipkart in this initiative, and we are confident of its benefits to MSMEs across India,” said Rajiv Vastupal, Immediate Past Chairman, FICCI Gujarat State Council.

The partnership with FICCI is the latest in the many steps taken by Flipkart towards making e-commerce more inclusive and bringing India’s myriad small businesses and sellers online. Flipkart has recently revamped its seller financing and onboarding programmes to simplify the process of selling online for MSMEs.

4th International Conference on Pharma& Medical Devices

Call for separate regulations for medical devices and OTC drugs

4^th International Conference on Pharma& Medical Devices concludes

·         Thrust on data revolution in the pharmaceutical and medical device sector through AI

·         Mega event concludes with 500+ Indian and International trade visitors,  CEOs’ participation and 250+ academicians and students

The 4th International Conference on Pharmaceuticals and Medical Devices which concluded witnessed the participation of drug regulators from over 30 countries including Russia, Kenya, the UK, Malaysia, Indonesia, Saudi Arabia and Uzbekistan, along with participation of Indian drug regulators from 15 states.

The conference was organised by the Department of Pharmaceuticals, Ministry of Chemicals & Fertilizers and Government of India jointly with the Federation of Indian Chambers of Commerce & Industry (FICCI).

Some of the issues discussed at the CEOs roundtable included development of separate medical device and over-the-counter (OTC) drug regulations act, early decision on implementation of trade margin rationalization, addressing the issue of Active Pharmaceutical Ingredients (APIs) price escalation imported from China,  incentivisation for innovation in the pharmaceutical and medical device sector, greater transparency in the functioning of National Pharmaceutical Pricing Authority (NPPA) and last but not the least, amendments by the Ministry of Consumer Affairs for allowing companies to utilise the mandatory CSR spending towards medicine donations into Jan Aushadhi or Ayushman Bharat scheme.

Knowledge sessions were focused towards promoting innovative ecosystem in India for pharmaceutical industry, interaction with State Drug Controllers and CDSCO for facilitating ease of doing business, initiatives for import registration procedure to enable faster access to global market for the industry, WHO activities and plans related to the regulation of health technologies and enabling the industry to gear up for Ayushman Bharat, the most aspirational health scheme rolled out by the government.

In his concluding remarks, Mr.  NavdeepRinwa, Joint Secretary, Department of Pharmaceutical, Government of India, mentioned how the government was prioritising the pharma and medical device sector in AI applications by bringing in task forces and other policies in place.