Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Friday 12 December 2014

Enquiry


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Dear  Decision Maker ,

MINT newspaper ( 19 Nov 2014 ) reports :

*        In October 2014 , India's

   >      Imports were          $  39 Billion
   >      Exports were          $  26 Billion
   >      Trade Deficit was    $  13 Billion

*       So , India's Commerce Ministry is believed to be preparing a Policy Paper , recommending :

>       Local Manufacture of some 181 engineering items, whose annual imports add
         up to $ 18.1 Billion (  Each item with annual import value of $ 100 Million )
        
>      Declaring CAPITAL GOODS as PRIORITY sector for bank lending at lower rates
        of interest

>      Exempting locally manufactured Capital Goods from Excise Duty

>      Abolish schemes relating to duty-free imports of Capital Goods

>      Strictly regulate import of second-hand machinery

*   What are the items that Government would like industry to "Make In India " ?
   [ Do look up  Make In India "  web site for Investment Opportunities in India ]

     Here is a partial list :

>     Gas Compressors
>     Parts of Non-Electric Furnaces
>    Filtering and purifying machinery
>    Petroleum and Gas-well Drilling Equipment
>    Cotton-weaving Machinery
>    Brake linings
>    Gear Boxes
>    Engines with cylinder capacity of more than 250 cc
>    Parts of turbine
>    Parts of Steam and Vapor generating Boilers

*   How will this help  ?

>     Revive Rs 1.85 Trillion Indian Capital Goods Industry
>     Reduce Import Dependency
>     Boost local manufacturing

*   Any decision so far  ?

>   On 16th Sept , Union Cabinet approved a Rs 20,000 Cr ( $ 3.3 Billion ) plan to
     boost localization of at least 10 key technologies in Capital Goods sector
   

*  What are the opportunities for FOREIGN COMPANIES  ?

>   Form Joint Ventures with Indian Companies operating in Capital Goods sector .

*  Where will they find these Indian Companies - and send them " Let's form JV " messages  ?


there is an Online / Searchable database of 2,28,000 + Indian Companies , listed as per 52 Industry Sectors
In sector labeled , " Machinery / Equipment Manufacturing / Capital Goods / Plants / Machine Tools ", that number is 16,285 Indian Companies

Just  Register  and using our Message Blasting service , send out " We would like to talk to you " messages , to dozens of shortlisted companies
Your messages will be delivered in 24 hours ( as Emails )

with regards ,
Mumbai , India

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