54th ANNUAL REPORT 2016 -17 - Chemexcilchemexcil.in/uploads/files/CHEMEXCIL_AR_2016_-17_Final.pdf · Intermediates, Basic Inorganic & Organic Chemicals, Including Agrochemicals, Soaps,

Basic Chemicals, Cosmetics & Dyes Export Promotion Council(Set - up by Ministry of Commerce & Industry, Govt. of India)

54th

ANNUAL REPORT 2016 -17

Shri. Satish Wagh Chairman Chemexcil welcomes Chief Guest Smt. Nirmala Sitharaman, Hon’ble Minister of State (Independent Charge) Commerce and Industry, Govt. of India, during Chemexcil Export Award Function.

Lightning of Lamp from left Shri. Satish Wagh, Chairman, Chemexcil, Smt. Nirmala Sitharaman, Hon’ble Minister of State (Independent Charge) Commerce and Industry, Govt. of India, Shri. S.G. Mokashi, Chemexcil Committee Member, Shri. Ajay Kadakia, Vice Chairman Chemexcil, Dr. Sonia Sethi, IAS, Additional DGFT, Mumbai, Shri. S.G. Bharadi, Executive Director, Chemexcil, during Chemexcil Export Award Function.

Basic Chemicals, Cosmetics & Dyes Export Promotion Council(Set - up by Ministry of Commerce & Industry, Govt. of India)

54th

ANNUAL REPORT 2016 -17

Jhansi Castle, 4th floor, 7 Cooperage Road,Mumbai- 400 001. Tel: 91 22 22021288 Fax: 91 22 22026684,

Email: [email protected] Web : https://chemexcil.inCIN NO.: U91110MH1963NPL012677

Basic Chemicals, Cosmetics & Dyes Export Promotion Council.

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CHEMEXCILBASIC CHEMICALS, COSMETICS AND DYES EXPORT PROMOTION COUNCIL

(Set up by Ministry of Commerce & Industry, Government of India)

NOTICENotice is hereby given that the 54th Annual General Meeting of the BASIC CHEMICALS,COSMETICS AND DYES EXPORT PROMOTION COUNCIL, Mumbai will be held on Friday the 15th September, 2017 at 11.00 a.m. in the Conference Room of the Council (Jhansi Castle, 4th floor, 7 Cooperage Road, Mumbai-400 001) to transact the following as per Article 34.2 of the Byelaws of the Council.

1. Chairman’s address

2. To receive, consider and adopt

a. Annual Report of the Working Committee for the year ended as on 31st March, 2017

b. The Audited Income and Expenditure Accounts for the year ended as on 31st March, 2017

c. Balance Sheet as on 31st March, 2017

3. To place on record the names of the Committee Members under Para 34.2 (b)

4. To appoint and fix the remuneration of the Auditors as required under Para 34.2 (c)N.B. Any member desirous of asking questions on the accounts of the Council or any other Queries during the meeting, is requested to give such questions in writing to the Executive Director, on or before 11th September, 2017 before 3.00 pm

The soft copy of the Fifty Fourth Annual Report is attached herewith and is also uploaded on the website of the CHEMEXCIL (https://chemexcil.in). Any member willing to see the hard copy of the Annual report can visit the Council’s Library in Mumbai Office during Office hours (Monday to Friday from 9.30 am to 6.00 pm), except Council’s holidays.

By order of the Committee of Administration

Sd/- (S.G. Bharadi) Executive Director Basic Chemicals, Cosmetics & Dyes Export Promotion Council

Place: Mumbai Dated: 18th August, 2017


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INDEXSr. No.

Subject Page No.

1. Chairman’s Message 7 - 10

2. List of Members of Committee of Administration 11 - 12

3. Meetings of Committee of Administration / Other Meetings / Membership 13 - 15

4. Export Promotional Activities 16 - 26

5. Activities of Regional Offices 27 - 32

6. CHEMEXCIL’S Export Performance 33

7. Dyes & Dye Intermediates Panel 34 - 44

8. Basic Inorganic & Organic Chemicals including Agro Chemicals Panel 45 - 61

9. Cosmetics, Toiletries and Essential Oils Panel 62 - 70

10. Castor Oil Panel 71 - 75

11. Annual Accounts

• Auditor’s Report 76 -79

• Balance Sheet 80

• Income and Expenditure Accounts 81

• Accounting Policies & Notes on Accounts 82 - 100

12. CHEMEXCIL at a Glance 101 - 103

13. Photo Gallery of the CHEMEXCIL Events 104 -114

14. List of Exports Awards Winner for the year 2015 -16 115 -116

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Dear Esteemed Member Exporters,

First of all, I have immense pleasure to inform my colleagues that I have taken over as Chairman of CHEMEXCIL w.e.f. 30th January, 2017 with the active support and cooperation of all of you. I am honored to have been selected and I am very much looking forward to taking on this important role. CHEMEXCIL is a premier chemical export promotion council and we must always aim to improve our chemical exports and evolve to secure its future both in terms of the volume and value.

CHEMEXCIL has been playing a pioneering role in the promotion of exports of Dyes and Dye Intermediates, Basic Inorganic & Organic Chemicals, Including Agrochemicals, Soaps, Detergents, Cosmetics, Toiletries, Essential Oils and Castor Oil & Speciality Chemicals from India to various countries abroad.

The global chemical industry, estimated at U.S. $ 4.3 trillion, with Indian chemical industry accounting for US$ 147 billion in 2015. The last few decades have witnessed the chemical industry gravitating towards Asia, making India a key player in the global markets.

The chemical industry in India is a key constituent of Indian economy, accounting for about seven per cent of the GDP. The Indian chemical industry is one of the most diversified sectors and covers more than 80,000 commercial products. In terms of volume of production, Indian chemical industry stood as 3rd largest producer in Asia and 12th in world. Indian chemical industry could grow at 14 per cent p.a. to reach size of USD 350 billion by 2021. Indian Chemical industry is 6th in the World and 3rd in Asia in value added terms at constant prices. India accounts for approximately 7 per cent of the world production of dyestuff and dye intermediates, particularly for reactive, acid and direct dyes. India is currently the world’s third largest consumer of polymers and fourth largest producer of agrochemicals.

I would like to inform you that export performance of items under CHEMEXCIL purview for the period April 2016 to March 2017 were USD 12.15 billion as against USD 11.68 billion for the year 2015-16 registering a growth of 3.98 per cent. As regards volume wise export performance of the said items for the similar period, there is an increase of 13.49 per cent.

I would like to thank the Hon’ble Minister of Commerce & Industry, Smt. Nirmala Sitharaman convening the meeting on 6th April 2016, so as to seek views and suggestions from all stakeholders on continuous declining trend in exports since last few months and to take effective steps to arrest the same for faster export growth. Let me also thank Smt. Rita Teaotia, Commerce Secretary for her initiative in addressing various issues (including removal of “Proof of Landing” requirement

FROM THE CHAIRMAN’S DESK

54th Annual Report 2016-17

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for MEIS claim) being faced by exporters. The dispensing of the requirement proof of landing for MEIS will reduce transaction costs of the exporters and improve their competitiveness

As far as Foreign Trade Policy 2015-20 is concerned, the Mid-Term Review is expected in the later part of this year. In this regard, the O/o DGFT New Delhi had also invited the Council for consultations wherein we have given comprehensive suggestions regarding enhanced support in MEIS, allowing MEIS on cases wherein exporters have ticked “N” in Shipping Bill post 30/09/2015, Faster fixation of Norms for chemical sector, removal of Cap on Incremental Exports Incentivisation Scheme for 2013-14 etc. and various other suggestions for ease of doing business. Further, since GST is expected to roll out in few months, exporters are also concerned about the status of FTP 2015-20 schemes and other existing duty exemptions against Form H, CT1 etc under GST framework and urge government to provide suitable provisions under forthcoming GST framework also so that exporters competitiveness is not adversely impacted. We sincerely hope that the concerns of industry are addressed in the forthcoming Mid-Term Review of Foreign Trade Policy 2015-20.

The Union Budget 2017-18 focuses on boosting the trade and industry. The reduction in corporate tax for MSME by 5% and introduction of Trade Infrastructure Export Scheme will help Indian exporters reduce transaction costs to become globally competitive.

Regarding Duty Drawback AIR review, the council had facilitated the yearly exercise of export import data compilation and submitted to DBK dept for AIR review/increase. However, despite our efforts and presentation before DBK Committee, the DBK rate has been reduced from 1.9% to 1.5% which is a matter of concern and impacts competitiveness of our exporters. The council has sent representation for reinstatement of earlier rate of 1.9% and awaits government support.

I also thank the government for facilitating reinstatement of EU GSP on exports of some of the chemical items to EU from 1st January 2017 and also implementation of REX system which will reduce transaction costs. However, organic and inorganic chemicals are still not covered under GSP, so we request inclusion of same in EU GSP.

As an export promotional measure, CHEMEXCIL had participated in various international exhibitions and Buyer-Seller Meets both abroad and in India for the benefit of member exporters to increase their exports. One of the major exhibitions held abroad, the Council had participated in the CHINA INTERDYE 2016 show at Shanghai, China from 13-15th April, 2016 and had organized CHEMEXCIL’S India Pavilion in the show. China Interdye is a world famous exhibition for Textile Chemicals and Dyestuff Industry. CHEMEXCIL’s India Pavilion was inaugurated by H.E. Shri. Prakash Gupta, Hon’ble Consul General, Consulate General of India in Shanghai. It was a grand success and well attended by the local prospective customers as well as overseas agents who were keen on co-operation with reliable suppliers/ exporters from India.

The Council had organized India Pavilion in CHEMSPEC EUROPE 2016 (The Fine & Specialty Chemicals Connection) held on 1- 2nd June, 2016 at Basel Messe, Basel, Switzerland, wherein 54 member-exporters had exhibited their products. Chemspec Europe is a world famous exhibition for Specialty Chemicals. Europe is the leading market for Indian Specialty chemicals followed by USA, China and Japan. CHEMEXCIL is participating in this event and organizes India Pavilion. The India Pavilion is inaugurated by Mr, Ravindra P Jaiswal, Dy. Chief of Mission, Embassy of India, Bearn, Switzerland.


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Further, as a part of export promotional activities, CHEMEXCIL had successfully organized a Buyer-Seller Meet at Sao Paulo, Brazil on 17th October 2016. 32 Member-exporters participated in this Meet.

The Council has organized Indian Chemicals and Cosmetics Exhibition at Buenos Aires, Argentina on 19th -20th October-2016. Altogether 40 CHEMEXCIL member exporters participated in this exhibition. 200+ visitors from Argentina and surrounding countries visited this exhibition.

As you are all aware, the Government of India has taken several initiatives aimed at eradicating corruption and black money from our country. In order to give push to its dream pet project “Digital Campaign”, the Government has directed all Departments to make cashless transactions/payment through electronic mode only. The Council has already taken necessary initiative and advised the members to make online payments through NEFT and RTGS and CHEQUE payments. Members are also requested to adopt cashless transactions for their operations as per the guidelines issued by the Government.

I am happy to inform you that the Government has proposed introduction of Goods and Services Tax (GST) which would be one of the pioneering and game changing transformative initiatives taking shape in our country. It is also expected that the GST will boost domestic demand as also create more opportunities for domestic business in addition to make Indian economy more robust. Taking into account on the importance of the above as also for creating awareness on the GST for the benefit of member-exporters, CHEMEXCIL had organized seminars on “Model GST Law covering critical issues impacting the Chemical Industry” and on “Forex Management & Hedging at Ahmedabad, Kolkata, Mumbai.

Further, for capacity building we have also organized seminars on “Handling of Dangerous Goods Transportation (By Sea & Road)” along-with IIP, in Mumbai, Vadodara and Dahej. Similarly, seminars on “Free Trade Agreement” where organised in Ahmedabad and New Delhi and a seminar on “Customs Procedures for Export/Import” was organized in Mumbai.

I take this opportunity to thank the Ministry of Commerce & Industry, specially Shri Sunil Kumar, Joint Secretary, Ministry of Commerce & Industry, for taking initiative in organizing the 2nd edition of CAPINDIA Exhibition which was held from 21st -22nd March 2017 at Hall 6 Bombay Exhibition Centre, Goregaon, Mumbai. The exhibition was jointly organized by four Export Promotion Councils, viz. CHEMEXCIL , PLEXCONCIL, CAPEXIL, SHEFEXIL under the aegis of the Department of Commerce, Government of India, supported by Department of Chemicals and Petrochemicals, Ministry of Chemicals & Fertilizers, Government of India. CAPINDIA 2017 Exhibition was one of the largest showcasing and networking event to boost the Chemical, Plastic, Construction Industry Shellac & Forest Products sector under the “Make in India” initiative and establish its presence in the global market. The initiatives of Make in India and the CAPINDIA are very much relevant in today’s scenario in terms of building and enlarging our manufacturing base and targeting the world as our market. The Exhibitionl has received overwhelming response from members and more than 375 Exhibitors covering manufacturers/exporters showcasing a range of Industrial & agricultural inputs, Consumer items, Packaging items, Plastics processing machinery under the purview of, CHEMEXCIL, PLEXCONCIL, CAPEXIL and SHEFEXIL. The event was inaugurated on 20th March-2017 by chief guest Smt. Rita Teaotia, IAS, Commerce Secretary, Department of Commerce, and Ministry of Commerce & Industry, Guest of Honour Shri. Subhash Desai, Hon’ble Cabinet Minister of Industries & Mining, Government of Maharashtra in the presence of Dr. Sonia Sethi, IAS, Additional Director General of Foreign Trade, Mumbai, Shri. Sunil Kumar, IAS Joint


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Secretary, EP (CAP), Mr. Satish Wagh-Chairman-CHEMEXCIL, Mr. Pradip Thakkar, Chairman-PLEXCONCIL, Mr. Ramesh K. Mittal-Chairman-CAPEXCIL and Sumit Kumar Ghosh-Chairman -SHEFEXCIL. All four council has invited more than 180 foreign buyers from 36 countries including Ghana, Kenya Uganda, Tanzania, Ethiopia, South Africa, Vietnam, Thailand, Indonesia, Malaysia, Myanmar, Russia, Kazakhstan, Tajikistan, Chile, Brazil, Argentina, Guatemala, Colombia, Tunisia, Sudan, Israel, Egypt, Syria, Morocco, Algeria, Yemen, Nepal, France, Pakistan, Bangladesh, Malawi, Sri Lanka, Sierra Leone, Oman, China.

I have pleasure to inform you CHEMEXCIL also organized its 45th Export award function on 24th March-2017 at Jade ball Room, Hotel Sahara Star, Vile Parle, Mumbai. CHEMEXCIL Export Awards pay tribute to the achievements and contributions of export companies have made to the Indian economy. The awards celebrate export excellence through leadership and innovation. The awards were presented by Smt. Nirmala Sitharaman, Hon’ble Minister of State (Independent Charge) Commerce and Industry, Govt. of India along with Members of the Committee of Admn. of CHEMEXCIL. Shri. Shankar Bhai Patel from AMI PHTHALO PIGMENTS and Shri. Ashok Manilal Kadakia from EMMESSAR BIOTECH & NUTRITION LTD are the life time achievement award winners. I on behalf of CHEMEXCIL committee of administration congratulate all the export awardees for their valuable contribution in Indian Economy.

CHEMEXCIL is publishing bi-Monthly bulletin “CHEMEXCIL NEWS” incorporating Chemical news related to exports, imports, statutory issues, Major activity related to chemicals and its trade, Port, Custom issues, meeting with any government officials on related issues major achievement of member-exporters, etc. CHEMEXCIL also issues e-bulletin for the benefit of member-exporters, specially to disseminate information about the activities of Council and various EXIM updates.

I am happy to inform you that CHEMEXCIL has launched SMS alert service and CHEMEXCIL Mobile apps. Now stay connected with CHEMEXCIL through our SMS Alert and Mobile application facility.

I also invite suggestions/views, if any, from our member-exporters on the export promotional activities of the Council so as to improve it further for the benefit of all of you.

With warm regards,

(Satish W. Wagh) Chairman - CHEMEXCIL

Chairman’s Office: M/s. Swastik Industries, 1, Mangirsh, Plot No. 8, H.F.Society Road, Jogeshwari(E), Mumbai – 400 060


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LIST OF COMMITTEE OF ADMINISTRATION FOR THE YEAR 2016-2017 From 01/04/2016 to 31/03/2017

Sr. No.

Name of the Committee Member Address

1 SHRI SATISH W. WAGH Proprietor Chairman (from 31.01.2017) M/s. Swastik Industries, Mumbai.Vice- Chairman (up to 30.01.2017)

2 DR. B.R. GAIKWAD Director & President- Special ProjectsChairman (up to 30.01.2017) M/s. VVF India Ltd., Mumbai

3 SHRI S. G. MOKASHI General Manager - Mktg.Additional Vice Chairman M/s. Godavari Biorefineries Ltd.

4 SHRI AJAY K. KADAKIA DirectorMember- Merchant Exporter Panel M/s. Vivil Exports Pvt. Ltd., Mumbai

5 SHRI BHARAT MEHTA DirectorMember- Merchant Exporter Panel M /s. Kolorjet Chemicals Pvt. Ltd.,

Mumbai.6 SHRI HARIN D. MAMLATDARNA Director

Member - Dyes & Dye Intermediates Panel M/s. Dynamic Industries Ltd., Ahmedabad

7 SHRI BHUPENDRA PATEL Managing Director,Member- Dyes & Dye Intermediates Panel M/s. Jemby Chem Ltd., Ahmedabad

8 DR. DEEPAK BIREWAR DirectorMember -Dyes & Dye Intermediates Panel M/s. Multi Organics Pvt. Ltd., Mumbai.

9 SHRI ASHWIN SHROFF Chairman-cum-Managing Director Member- Basic Inorganic & Organic Chemicals including Agro Chemical Panel

M/s. Excel Industries Ltd., Mumbai.

10 SHRI NITIN S. NABAR Member- Cosmetics, Toiletries & Essential Oil Panel

Executive Director & President (Chemicals) M/s. Godrej Industries Ltd., Mumbai.

11 DR. SMITA NARAM Managing Director Member-Cosmetics, Toiletries & Essential Oil Panel -

M/s. Ayushakti Ayurveda Pvt. Ltd., Mumbai.

12 SHRI ABHAY V. UDESHI DirectorMember - Castor Oil & Specialty Chemicals Panel

M/s. Jayant Agro-Organics Ltd., Mumbai.

13 SHRI S.G. BHARADI Executive Director, CHEMEXCIL, Mumbai


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GOVERNMENT NOMINEES

Shri B.S. Bhalla, IAS Joint Secretary (up to August, 2016)

SHRI SAMIR KUMAR BISWAS, IAS Jt. Secretary (Chemicals),Deptt. of Chemicals & Petrochemicals,Ministry of Chemicals & Fertilizers.

Shri Sunil Kumar, IAS Joint Secretary (from August, 2016)EP(CAP) DivisionDepartment of CommerceMinistry of Commerce & Industry

OR

ORShri S.T. VenkatachalapathyDeputy Secretary (up to August, 2016)

SHRI SUNIL KUMAR SHARMADirector (Chemicals),Deptt. Of Chemicals & Petrochemicals,Ministry of Chemicals & Fertilizers

Shri S. K. Ranjan Deputy Secretary(from August, 2016)EP(CAP) DivisionDepartment of CommerceMinistry of Commerce & Industry

AUDITORS M/s. Lodha & Co.,

Chartered AccountsKarim Chambers,40, Ambalal Doshi Marg,Mumbai – 400 023.

SOLICITORS M/s. Anjana Shah & Co.

109, New Bake HouseMCC Lane, Fort, Mumbai 400 001.

BANKERS State Bank of India

Mumbai Samachar Marg,Mumbai – 400 001.

INTERNAL AUDITORS M/s. N H Gajaria & Co

20-A Khatau Building, 1st Floor, 8/10Alkesh Dinesh Modi Marg,Mumbai – 400 001.

REGISTERED OFFICE Jhansi Castle, 4th Floor

7 Cooperage RoadMumbai - 400 001.


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MEETINGS OF COMMITTEE OF ADMINISTRATION

During the year under review the Committee of Administration of the Council met four times on the following dates:

1st CoA meeting was held on 15.06.2016

2nd CoA meeting was held on 23.08.2016

3rd CoA meeting was held on 18.11.2016

4th CoA meeting was held on 30.01.2017

The 53rd Annual General meeting of the Council was held on 29th September, 2016 at Garware Club House, Wankhede Stadium, ‘D’ Road, Churchagate, Mumbai - 400 020

DETAILS OF TOTAL STRENGTH OF MEMBERS OF COMMITTEE OF ADMINISTRATION AS WELL AS STATEMENT SHOWING NUMBER OF MEMBERS OF THE COMMITTEE OF ADMINISTRATION PRESENT IN THE COA MEETINGS HELD DURING APRIL 2016 TO MARCH 2017

Total No of Members of COA: 15

Elected Members: 12

Govt. Nominees: 02

Executive Director, CHEMEXCIL: 01

Date of meetings heldNo. of elected members

presentNo. of Govt. Nominees

present

15.06.2016 05 0223.08.2016 08 0218.11.2016 05 0230.01.2017 06 01


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STATEMENT SHOWING ATTENDANCE OF MEMBER OF THE COMMITTEE OF ADMINISTRATION AT THE COMMITTEE MEETINGS

HELD DURING 01/04/2016 TO 31/03/2017

Sr. No

Name of the Committee MemberNo. of

Meeting Held

No. of Meetings attended during

2016-171 SHRI SATISH W. WAGH 4 2

Chairman (from 31.01.2017)Vice- Chairman (up to 30.01.2017)

2 DR. B.R. GAIKWAD 4 4Chairman (up to 30.01.2017)

3 SHRI S. G. MOKASHI 4 2Additional Vice Chairman

4 SHRI AJAY K. KADAKIA 4 3Member- Merchant Exporter Panel

5 SHRI BHARAT MEHTA 4 2Member- Merchant Exporter Panel

6 SHRI HARIN D. MAMLATDARNA 4 3Member - Dyes & Dye Intermediates Panel

7 SHRI BHUPENDRA PATEL 4 3Member - Dyes & Dye Intermediates Panel

8 DR. DEEPAK BIREWAR 4 0Member -Dyes & Dye Intermediates Panel

9 SHRI ASHWIN SHROFF 4 0Member - Basic Inorganic & Organic Chemicals including Agro Chemical Panel

10 SHRI NITIN S. NABAR 4 1Member - Cosmetics, Toiletries & Essential Oil Panel

11 DR. SMITA NARAM 4 1Member - Cosmetics, Toiletries & Essential Oil Panel

12 SHRI ABHAY V. UDESHI 4 3Member - Castor Oil & Specialty Chemicals Panel

13 SHRI S.G. BHARADI 4 4Executive Director

Some of the major points discussed/decisions taken in the above meetings are listed below:

• In the first meeting of the Committee of Administration of the Council held on 15th June, 2016, while discussing the steps undertaken to increase the Membership Drive of the Council, as suggested by the Jt. Secretary, Shri Bhalla, a Sub-Committee consisting of the following members. Shri Ajay Kadakia -Dyes & Dye Intermediates, Shri S.G. Mokashi - Basic Inorganic


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& Organic Chemicals, Including Agro Chemicals, Shri Abhay Udeshi - Castor Oil Panel, Dr. Smita Naram- Cosmetic Panel, Shri Bhalla also mentioned that the members of the Sub-Committee should work out and propose/formulate a Policy for the respective Panel, supported by the Secretariat of the Council and come back with their ideas/feedback.

• Re-election of Vice-Chairman of CHEMEXCIL, was conducted under the supervision of Returning officer for election, Shri A K Jha, Jt. DGFT, Mumbai Shri Satish Wagh of M/s. Swastik Industries, Mumbai was elected unopposed as Vice Chairman of the Council for the period 2015-17.

• Decided to organize the second edition of CAPINDIA 2017 on 20-22 March 2017 and CHEMEXCIL as lead Council as per the directive of the Ministry of Commerce & Industry and instructed the Secretariat to book the Venue at Bombay Exhibition Centre, Mumbai. It was also decided to organize the 3rd edition of CAPINDIA 2018 during 20th-22nd March , 2018.

• The Tata Strategic Management Services (TSMS) has been assigned to develop “5-year Export Strategy and a vision document for CHEMEXCIL” based on the 4-digit level data of all panels covered under the purview of the Council, To understand the key pain points for Indian Chemical exports, To conduct demand analysis of its product panel by target countries (10 countries), to analyses competitor countries for the target markets (FTA’s, Tariffs) to develop an export strategy, highlighting key product panels/categories by target countries and develop a document covering vision, mission & objectives, recommendations for industry members and policy measures for government.

• In the 3rd meeting of the Committee of Administration held on 18th November, 2016 at Ahmedabad, CHEMEXCIL had invited Shri Bipin Patel President - Gujarat Chamber of Commerce and Industry, Gujarat, Shri Shanker Patel Chairman CEPT Vatva, Gujarat and Shri Shailesh Patwari, Sr. Vice President - Gujarat Chamber of Commerce and Industries, Special Invitees, the purpose of which was to identify crucial problems faced by the industry on environmental issues and find out corrective measures. Joint Secretary informed that he will strongly take up these issues with the concerned authorities and if required he will call meeting with concerned Ministry.

• In the 4th Meeting of the Committee of Administration of the Council for the year 2016-17 held on 30th January 2017 at Mumbai. Shri Satish Wagh, Vice Chairman has taken over the charge as Chairman of the Council for a period of two years since the tenure of Dr. B.R. Gaikwad, as Chairman has completed the period of two years and as per the Clause 2.92 of the Foreign Trade Policy 2015-20, the Vice Chairman will automatically become Chairman of the Council.

• Declared to conduct elections for the vacancies to be filled in with respect to Panel I – Dyes & Dye Intermediates - Status Holder Category, Panel II- Basic Inorganic & Organic Chemicals including Agrochemicals - General Category and Panel III - Cosmetics, Toiletries & Essential Oils- Category Status Holder and thereafter conduct the election for the post of Vice Chairman.

• Formed an Award Sub Committee consisting of Shri Satish Wagh, Chairman, Shri Ajay Kadakia, Chairman M.E. Panel, Shri Abhay Udeshi, Chairman, Castor Oil Panel and Shri Bharat Mehta, Member to finalize the nominations received for Export Awards for the year 2015-16.

• CHEMEXCIL had successfully organized its Export Award Function for the year 2015-16 on 24th March, 2017 at Hotel Sahara Star, Vile Parle, Mumbai wherein the Chief Guest was Hon’ble Minister of State for Commerce & Industry, Smt. Nirmala Sitharaman.


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EXPORT PROMOTIONAL ACTIVITIES

REACH:

CHEMEXCIL has been appointed by the Ministry of Commerce & Industry as a Nodal Agency for Pre-registration and Registration of substances of the firms under EU’s REACH regulation (Registration, Evaluation and Authorization of Chemicals).

Accordingly, during the 2nd phase of Registration deadline i.e. in 2013, 69 companies registered their 135 substances through the Only Representatives (OR) appointed by CHEMEXCIL.

The Council recommended Ministry of Commerce & Industry for disbursement of 50% of ECHA Registration Fee incurred to 69 firms who had made their claims through CHEMEXCIL for their 135 substances.

The Ministry thereafter sanctioned and released 50% of ECHA Registration Fees of the aforesaid 69 firms which has been already disbursed 66 concerned firms who had registered their substances in the EU during the said registration deadline and had submitted the registration claims through CHEMEXCIL.

REGISTRATION OF PRODUCTS ABROAD (AGRO CHEMICALS):

The Council received the applications from the member-exporters for registration of their Agrochemical products abroad. The applications were accordingly recommended to Ministry of Commerce & Industry for disbursement of 50% of the registration charges for Agrochemical products registered in various countries. The summary of applications received and processed by Council is given below:

1. Applications received 02

2. No of Products Registered 06

3. Amount Disbursed ` 19,90,611/-

MARKET DEVELOPMENT ASSISTANCE (MDA):

The Council had received/processed the MDA application received from the member-exporters for the participating in export promotional activities as per details given below:

1. Applications received 204

2. Applications rejected 01

3. MDA claims settled 157

4. Amount Disbursed ` 2,88,93,371/-


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MEMBERSHIP POSITION AS ON 31ST MARCH, 2017

Category 31st March 2017 31st March 2016

Large Scale Manufacture 232 307Small Scale Manufacture 1614 1791Merchant Exporters 997 1206Large Scale Manufacture cum Merchant Exporters 71 -Small Scale Manufacture cum Merchant Exporters 188 -Total 3102 3304

LICENCING:

Details of Representation Sent to the Ministries ( MOC & I, MOF/CBEC, MOC& E etc.)

The Council had received several representations from our member-exporters on various issues.

CHEMEXCIL has scrutinized the cases appropriately and recommended to respective offices of DGFT, Central Excise & Customs etc. on the following issues:-

• Submission on factors Impeding Growth of Exports and Suggestions for ease of doing business and trade facilitation.

• CHEMEXCIL Export Strategy for 5 years.

• Comments on revised PSRs for some of the Tariff lines.

• List of Items/ Description for SWIFT.

• Data on Import of Insecticide for 2012-13 & 2014-15.

• Comments on Reduction in the Sensitive Lists under SAFTA (Phase III- TLP) ¬ Request list of India for Afghanistan, Bangladesh, Pakistan, Sri Lanka and Nepal.

• Inclusion of Additional items/ Countries in MEIS

• Awareness on benefits flowing from the CEPA/FTA/PTA Agreements of India with other countries.

• Inputs on India- Korea CEPA (IK-CEPA).

• Anti-Dumping Duty imposed on Methyl Acetoacetate (HS Code 29183040) vide DGAD Notification F.No.14/7/214 dtd. 1st April 2016.

• APTA- CHEMEXCIL inputs (Tariff lines) for change in MOP and inclusion

• Targets and milestones proposed for the current financial year 2016-17 in r/o CHEMEXCIL

• Comments on Reduction in the Sensitive Lists under SAFTA (Phase III- TLP)

• Complaint of B/L fraud by a Chinese company (M/s. Tianjin Nuoda International Trade Co. Ltd.).


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• CHEMEXCIL Inputs on India- Japan CEPA.

• CHEMEXCIL Inputs on Issues faced by Indian exporters while doing business with Nepal.

• Imp- Issues faced in Importing Chemicals having PGA.

• Issues faced in getting ADC NOC for Chemicals.

• Pre-budget proposals for the year 2017-18.

• Request for re-instatement of AIR Duty Drawback rates.

• CHEMEXCIL Comments on MERCOSUR wish lists (Indian wish list for MERCOSUR and Mercosur wish list for India).

• Representation to include natural gas and other fuels under proposed GST regime.

• Technical Issues faced in availing MEIS.

• MEIS applicable on items listed in Appendix 3B but have undergone HS Codes amendment from 01.01.2017.

• Issues faced in Iran Rupee Mechanism through UCO Bank.

• Inputs for the proposed India - EAEU FTA.

• Fixation of SION for Export product Hamber 7-ACETYL, 1,2,3,4,5,6,7,8 OctaHydro-1,1,6,7-Tetramethyl Napthalene.

• Fixation of SION for Export Product “Alpha HEXL Cinnamaldehyde and or HEXYL Cinnamic Aldehyde.

• Comments on Production data of certain items from wish list under India Mauritius CEPA negotiations.

• CHEMEXCIL Suggestions for Mid-Term Review of FTP 2015-20.

• Inputs on India-Australia & India-New Zealand CECA negotiations.

• Caution listing of our Member Exporters / Export Data Processing and Monitoring System (EDPMS).

• Request to amend Notification No. 140/2016 Customs (N.T.) dtd. 25th November 2016 and allow access to imports and exports data.

OVERSEAS TRADE DISPUTES/ COMPLAINTS:

The Council received representations from exporters on overseas trade disputes related to delay in exports payment, supply of sub-standard materials etc. As a follow-up action, letters were sent to concern Indian Missions abroad for intervention.


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INFORMATION TO MEMBERS:

The Council disseminated information to member-exporters pertaining to DGFT/CBEC/RBI Circulars and Notifications. Information received on Anti-Dumping Investigations, TBT/SPS Measures etc were also passed on to the members as well as uploaded on website.

INTERNATIONAL TRADE ENQUIRIES:

International Trade Enquiries received by the Council from potential importers and Indian Missions abroad were circulated to concerned Manufacturers Exporters and also uploaded our website.

NON PREFERENTIAL CERTIFICATE OF ORIGIN:

A number of Member-Exporters are approaching the Council requesting for issuance of Certificates of Origin (Non-preferential) and attestations connected with documents like Export Invoice, etc. in respect of their products exported by them to various overseas countries. The Council scrutinizes the said documents received from them and issues certificates accordingly.

During the years under view, 183 Certificates of Origin (Non-preferential were issued to the member exporters).

VISA RECOMMENDATION LETTERS:

A number of applications are being received by the Council from the Member-Exporters from time to time requesting for recommendation letters to various foreign missions in India for issuance of Visa in favour of their officials as also Officers of the Council, for their visit abroad in connection with export promotional activities. Their applications are being scrutinized by the Council and Recommendation letters are issued to them accordingly.

During the year under review, 110 Recommendation letters for Visa were issued by the Council to various Foreign Missions in India in favour of our Member-exporters as well as Officers of the Council.

CHEMEXCIL’S COMPLETED EVENTS DURING THE YEAR 2016-17 UNDER MDA

Brief About Each Event

1. Iran Beauty & Clean 2016 held on 24th -27th April, 2016 in Tehran, Iran

The trade show IRAN BEAUTY & CLEAN – International Exhibition of Detergent, Cleanser, Hygienic, Cellulose Products and Machinery was hosted at Tehran Permanent Fairgrounds, Tehran, Iran from 24th to 27th April, 2016.

The emphasis of IRAN BEAUTY & CLEAN lies on Detergents and Cleanser Products, Skin and Hair Care Products, Perfumes, Eau De Cologne and Spray, Hair Colours, Cellulose and Hygienic Products, Fresheners, Insecticides, Home Hygienic Products, Bags, Shoes and Leather Care Products (Polish), Raw Materials, Tools and Accessories for Hair Salons, Trade and Consulting Services, Machinery and related Industries.

CHEMEXCIL had participated in the event with 12 Indian Member Exporters.


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2. AgroChemex Myanmar 2016 held on 8th & 9th June, 2016 in Yangon, Myanmar

The 8th International Exhibition & Southeast Asia Crop Protection Forum, AgroChemex Myanmar (Agro Myanmar 2016) was held at Myanmar Convention Centre (MCC), Yangon, Myanmar on 8th & 9th June, 2016. The expo is supported by the Myanmar Ministry of Agriculture and Irrigation, The Republic of the Union of Myanmar, Federation of Commerce and Industry (UMFCCI).

The tradeshow aimed to provide a useful commercial platform for exhibitors and visitors from all related fields to cooperate and build up a firm position for their business in the growing market of Myanmar. Agro Myanmar 2016 was targeted to attract those in Agrochemicals and Crop Protection Products, Agriculture Chemicals, Chemical Fertilizers, Crop Protection and Biotechnology, Agricultural Mechanical Equipment’s and Agricultural Products.

Mr. Aung Kyaw Do, Director (Head of Plant Protection Division), Ministry of Agriculture and Irrigation, Department of Agriculture attended the inaugural ceremony and visited the exhibition.

Council had participated in the Exhibition with 12 Indian Member Exporters.

3. In Cosmetics Korea Exhibition held on 6th & 7th July, 2016 in Seoul, South Korea

In Cosmetics Korea Exhibition is the only exhibition in South Korea dedicated to the personal care ingredient was held at Hall B of the COEX Exhibition and Convention Centre, Seoul, South Korea on 6th & 7th July, 2016.

The visitor profile included finished cosmetic product manufacturers, Raw material suppliers, sales & marketing professionals, Scientists and Consultants, Research Institutions and Distributors.

Mr Mijito Vinito, Second Secretary, Embassy of India, Seoul, South Korea visited CHEMEXCILs Indian Pavilion.

Council had participated in the Exhibition with 14 members-exporters. Total 6152 visitors attanded this show.

4. Indian Chemicals and Cosmetics Exhibition held on 28th & 29th July, 2016 in Dar Es Salaam, Tanzania

Indian Chemicals and Cosmetics Exhibition was held at Mlimani Conference Centre, Dar Es Salaam, Tanzania on 28th & 29th July, 2016. The exhibition turned out to be a platform for meeting potential buyers, dealers and end users of Chemicals, Agrochemicals, Cosmetics and Dyes from Tanzania.

MOU was signed between CHEMEXCIL and TCCIA ( Tanzania Chamber of Commerce, Industry and Agriculture) on 29th July, 2016 with the purpose of developing the contacts between both institutions as a means of contributing to the further development of Trade and Economic relations between INDIA and TANZANIA in new context.

Council had participated in the Exhibition with 46 CHEMEXCIL Member Exporters exhibited in the exhibition.


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5. Buyer Seller Meet held on 1st August, 2016 at Kampala, Uganda.

CHEMEXCIL had organized a Buyer Seller Meet at Hotel Fairway, Kampala, Uganda on 1st August, 2016. Agrochemicals and Cosmetics are the sectors where India has a lot to offer and the economy of Uganda has great potential and it appeared poised for rapid economic growth and development. A joint venture in terms of manufacturing is an ideal business as trading becomes more expensive since it is a land locked country.

The HE Mr. Ramesh Chandra, High Commissioner visited the BSM. He was keen on setting up the manufacturing units in Uganda by Indians.

28 Indian Companies with 35 delegates participated in the event.

6. Buyer Sellers Meet at Addis Ababa, Ethiopia held on 3rd August, 2016

CHEMEXCIL had organized Buyer Seller Meet at Hotel Hilton Addis Ababa, Ethiopia on 3rd August, 2016.

Mr. Ashok Kumar, Charge D’ Affairs, Embassy of India, Mr. Vijay Kumar, First Secretary, Embassy of India, Ethiopia, Mr. Kuma Dhaba, Advisor & Expert, Investment Commission & Dr. Temesgen, Advisor to PMO, Government of Ethiopia were the Special Invitees during the BSM.

CHEMEXCIL BSM witnessed 210 buyers from Ethiopia. 28 Indian Companies with 35 delegates participated in the event.

7. Agri Business Global Trade Summit 17th -19th August, 2016 USA

Council has participated in the Agri Business Global Trade Summit held at Caribe Royale Hotel, Orlando, Florida, USA from 17th - 19th August, 2016.

The Agri Business Global Trade Summit is a global sourcing event for Crop Protection and Plant Health Products. It’s core attendees included more than 140 exhibitors from China, India, The United States, Eu and Southeast Asia and offer both Technical-Grade and Formulated Crop Protection Products, Bio Pesticides, Bio Stimulants, Micronutrients, PGRs and more.

Council had participated in the Exhibition with 11 Member Exporters.

8. Viet Beauty 2016 held from 18th-20th August, 2016 at Ho Chi Minh, Vietnam

CHEMEXCIL had participated in “Vietnam’s Premier International Beauty Show-VIETBEAUTY” held at Saigon Exhibition and Convention Centre (SECC), Ho Chi Minh City, Vietnam from 18th- 20th August, 2016. The purpose of this exhibition was to create a positive brand image of Indian cosmetics products in Vietnam.

The emphasis of VIETBEAUTY laid on the main / business sectors i.e. Detergents and Cleanser Products, Skin and Hair Care Products, Perfumes, Eau De Cologne and Spray, Hair Colours, Cellulose and Hygienic Products, Fresheners, Home Hygienic Products, Raw Materials, Tools and Accessories for Hair Salons, Trade and Consulting Services.

CHEMEXCIL took part in this event along with 16 member exhibitors.


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9. 25th Dye +Chem Bangladesh 2016 International Expo 31st August -3rd September, 2016 Dhaka, Bangladesh

CHEMEXCIL had participated in 25th Dye+Chem Bangladesh 2016 International Expo organized by CEMS-Global USA/ Bangladesh at Bashundhara Convention City, Dhaka, Bangladesh from 31st August to 3rd Sept, 2016.

Dye+Chem Bangladesh exhibition is an gateway to the Dyes and Fine & Specialty Chemicals sector of Bangladesh and a perfect B2B platform for overseas manufacturers of Dyes & Dyes Intermediate, Basic Chemicals to showcase their products under one roof.

CHEMEXCIL’s India pavilion was visited by Dr. Adarsh Swaika, Deputy High Commissioner of India to Bangladesh, HCI, Dhaka & Shri Shishir Kothari- First Secretary (Commerce). The members-exporters were happy to interact with the visiting dignitaries.

Council had participated in the exhibition with 25 Indian exporters to promote Brand India.

The Dye+Chem 2016 exhibition evinced good response with more than 150 visitors to CHEMEXCIL stall/ pavilion. These visitors were from local Bangladeshi companies and other markets who were interested in co-operating with Indian companies.

10. Buyer Seller Meet on 17th October, 2016 at Brazil

CHEMEXCIL had organized Buyer Seller meet at Melia Hotel (Salas Paulistas), São Paulo, Brazil on 17th October-2016.

The BSM was inaugurated by Mr. Jitendra Rawat, Consul, Consulate General of India, Sao Paulo, Brazil on 17th October-2016 along with Dr. B.R. Gaikwad, Chairman, CHEMEXCIL, Mr. Fernando Figueiredo ABIQUIM President & Mr. Dilson Ferreira – ABRAFATI President.

The BSM concentrated on Dyes and Dye intermediates, Organic, Inorganic Chemicals including Agrochemicals, Specialty Chemicals, Soaps Cosmetics and Toiletries Essential Oil Castor Oil and its Derivatives.

About 264 meetings in one day was held among 32 Indian companies and 45 Brazilian companies.

11. Indian Chemicals and Cosmetics Exhibition 19th -20th October, 2016 Buenos Aires, Argentina

CHEMEXCIL had organized Indian Chemical and Cosmetics Exhibition at Sheraton Buenos Aires Hotel & Convention Center, (San Telmo-Exhibition Hall), Buenos Aires, Argentina on 19th -20th October-2016.

The exhibition focused on Dyes and Dye intermediates, Organic, Inorganic Chemicals including Agrochemicals, Specialty Chemicals, Soaps, Cosmetics and Toiletries, Essential Oil, Castor Oil and its Derivatives industry.

The Exhibition was inaugurated by Mr. Sanjiv Ranjan, Ambassador, Embassy of India, Buenos Aires, Argentina on 19th October-2016 along with Dr. B.R. Gaikwad, Chairman, CHEMEXCIL and Mr. Ignacio Dos Reis, CAPQ, (Cámara Argentina de Productos Químicos). The exhibition was supported by local Chamber of Commerce viz. Cámara Argentina de Productos Químicos, Argentina Chamber of Chemicals.


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40 CHEMEXCIL member-exporters participated in this exhibition. 200+ visitors from Argentina and surrounding countries visited this exhibition.

12. Buyer Seller Meet 21st February, 2017 Malaysia

Council had organized Buyer Seller Meet at Renaissance, Kuala Lumpur, Malaysia on 21st February, 2017 with active support of High Commission of India, KL Malaysia and ASC Agenda Suria Communication Sdn. Bhd,. Malaysia.

CHEMEXCIL’s BSM was graced by H.E Shri T.S. Trimurti, High Commissioner of India to Malaysia who was also the Chief Guest for the opening ceremony. The event was also graced by Shri Nikhilesh Giri, Deputy High Commissioner of India to Malaysia, Shri Bramha Kumar- First Secretary (Commerce), HICOM- KL, Shri Sasi Kumar- Attache (Com) HICOM-KL, Shri Jag Rao, Simancha, CEO, ASC, Dato Shri J Palaniappan, Council Member (MFM), Shri Norsalan Hadi Abdul Kadir, Deputy Director, MATRADE and others.

Total 29 delegates participated in the BSM under the umbrella of CHEMEXCIL. The BSM event evinced good response with around 95 Malaysian visitors from diverse sectors of end-user industries who are potential buyers of Indian delegates and were interested in co-operating with Indian companies.

13. Buyer Seller Meet 23rd February, 2017 Singapore

Council had organized Buyer Seller Meet at Suntec Convention & Exhibition Centre, Singapore on 23rd February 2017 with active support of High Commission of India, Singapore and De Ideaz Pty Ltd., Singapore.

CHEMEXCIL’s BSM was graced by Dr. Pradyumn Tripathi, First Secretary (Commerce), High Commission of India to Singapore who was also the Chief Guest for the opening ceremony. The event was also attended by Shri Nirmesh Kumar, Attache (Com) HICOM-Singapore and others. Dr. Tripathi also interacted with the delegates and inquired about their current business and wished them well.

Total 26 delegates participated in the BSM under the umbrella of CHEMEXCIL. Around 63 Singapore visitors from diverse sectors of end-user industries who are potential clients for Indian delegates and were interested in co-operating with Indian companies.

CHEMEXCIL’S COMPLETED EVENTS DURING THE YEAR 2016-17 UNDER MAI

Brief About Each Event

1. CHEMSPEC INDIA held on 7th & 8th April, 2016 at Mumbai, India.

Council had participated in CHEMSPEC INDIA 2016 held on 7th-8th April, 2016 at Hall No. 1, Bombay Exhibition Centre, NSE Complex, Goregaon, Mumbai.

Major Industry Sector Covered in CHEMSPEC INDIA are Specialty Chemicals, Dyes, Pigments & Intermediates, Cosmetics Chemicals, Water Treatment Chemicals.


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CHEMEXCIL provides a wide spectrum of services to Trade and Industry and acts as a catalyst for growth of India’s Trade for promoting Dyes and Dye Intermediates, Basic Organic and Inorganic Chemicals, Soaps, Detergents, Cosmetics, Toiletries and other products like Essential Oils, Castor Oil etc.

15 member exporters had participated in the said exhibition through CHEMEXCIL. Nearly 76 visitors visited the CHEMEXCIL pavilion.

2. China Interdye Exhibition 2016

Council had participated in 16th China Interdye Exhibition 2016 held at Shanghai World Expo Exhibition & Convention Centre (SWEECC), Shanghai, China from 13th -15th April 2016

The profile of exhibits included Dyestuffs, Whitening agents, Intermediates, Auxiliaries, Pigments, Textile Chemicals and Instruments & equipment’s. The exhibition occupied an area of 40,000-square meter and was held in two Halls namely Hall 1 & 2 of SWEECC with a year-on-year growth of 8.1%.

CHEMEXCIL’s India pavilion was inaugurated by His Excellency Mr. Prakash Gupta, Consul General of India to Shanghai who also visited the India Pavilion and interacted with the exhibitors.

CHEMEXCIL had organized an India Pavilion which was spread over an area of 1497 sq.m. in the two Halls 1 & 2 with 110 companies participating in the exhibition.

3. CHEMSPEC EUROPE Exhibition held on 1st & 2nd June, 2016 at Basel, Switzerland.

CHEMEXCIL participated in Chemspec Europe-2016 exhibition organized by M/s. MACK BROOKS EXHIBITIONS LIMITED UK, at Hall 1.1, Basel Messe, Basel, Switzerland on 1st-2nd June-2016.

The exhibition aimed at the industries based on Agrochemical Intermediates, Biotechnology, Catalysts, Colours & Pigments, Flavours & Fragrances, Organic Intermediates, Photographic Chemicals and Water Treatment Chemicals, International Trade Missions are the target visitors.

CHEMEXCIL Pavilion was inaugurated by Shri. Ravindra P. Jaiswal Dy. Chief of Mission, Embassy of India, Bern, Switzerland along with Dr. B.R. Gaikwad, Chairman, CHEMEXCIL.

54 CHEMEXCIL member-exporters participated in this exhibition.

4. 9th India Chem 2016 held from 1st -3rd September, 2016 at Mumbai, India

CHEMEXCIL had participated in the 9th edition of the INDIA CHEM exhibition that took place from 1st – 3rd September, 2016 at Hall 1 of the Bombay Exhibition Centre in Mumbai. It is the largest event of Chemicals and Petrochemical Industry in India which is jointly organized by the Department of Chemical and Petrochemicals, Government of India and Federation of Indian Chamber of Commerce (FICCI).

The show was inaugurated by the Hon’ble Union Minister for Chemicals and Fertilizers, Mr. Ananth Kumar.


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In order to popularize and promote our exports of the items covered under the purview of CHEMEXCIL viz. Dyes & Dye Intermediates, Inorganic & Organic Chemicals including Agrochemicals, Cosmetics & Toiletries, Essential Oils, Castor Oil etc. as also to assist our member-exporters to explore the market potential in various countries, the Council had organized a CHEMEXCIL Pavilion by booking 108 sq. mtr. space in this exhibition.

The Council had organized free consultations for its member-exporters and visitors of the exhibition on two important topics namely “FOREIGN TRADE POLICY MATTERS, FREE TRADE AGREEMENTS & CUSTOM PROCEDURES” on 1st Sep, 2016 and “HANDLING OF DANGEROUS GOODS (CHEMICALS) TRANSPORTATION BY SEA AND ROAD” on 2nd Sep, 2016.

Under the umbrella of CHEMEXCIL, 10 member-exporters booked their stalls in the CHEMEXCIL Pavilion and exhibited their products.

5. 18th China International Agrochemical & Crop Protection Exhibition held at SNIEC, Shanghai, China during 1st - 3rd March, 2017.

The 18th China International Agrochemical & Crop Protection (CAC 2016) exhibition was held from 1st -3rd March 2017 at the Shanghai New International Expo Centre (SNIEC) in Shanghai, China. This event was held concurrently with the 18th China International Agrochemical and Crop Protection Equipment Exhibition (CAC 2017) and the 8th China International Fertilizer Show (FSHOW 2017).

As the largest Agrochemicals exhibition in China, CAC offers an international trade, communication and exchange platform involving Pesticides, Fertilizers, Seeds, beyond-agriculture, production & Packaging Equipment, Crop Protection Equipment, Logistics, Consultancy, Laboratories and Supportive Services.

36 exhibitors from India had showcased their products under the umbrella of CHEMEXCIL.

6. CAPINDIA 2017 Exhibition held on 21st & 22nd March, 2017

The second edition of CAPINDIA was organized jointly by CHEMEXCIL, PLEXCONCIL, CAPEXIL and SHEFEXIL under the aegis of the Department of Commerce, Government of India, supported by Department of Chemicals and Petrochemicals, Government of India . It was one of the largest sourcing and networking events for the Chemicals, Plastics, Construction Industry & Allied Products sector at Hall 6, Bombay Exhibition Center, Goregaon, Mumbai during 21st -22nd March-2017.

The Event attracted Retailers and wholesalers from the Industry.

CAPINDIA 2017 was an opportunity to:

Display products, technologies, innovations, and the best practices of Indian companies

A platform to network and share knowledge with foreign and Indian delegates.

Cultivate business relations at a Global level

An opportunity to explore investment opportunities

Give access to innovative technologies and global best practices.Altogether 375 exhibitors exhibited in this event. 180 Foreign Delegates were invited from 36 countries.


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An inauguration was carried on 20th March-2017 at Hotel Taj Santacruz, Mumbai.

The event was inaugurated by Chief Guest Smt. Rita Teaotia, IAS, Commerce Secretary, Department of Commerce, Ministry of Commerce & Industry, Guest of Honour Shri. Subhash Desai, Hon’ble Cabinet Minister of Industries & Mining, Government of Maharashtra in the presence of Dr. Sonia Sethi, IAS, Additional Director General of Foreign Trade, Mumbai, Shri. Sunil Kumar, IAS Joint Secretary, EP (CAP), Mr. Satish Wagh-Chairman-CHEMEXCIL, Mr. Pradip Thakkar-Chairman-PLEXCONCIL, Mr. Ramesh K. Mittal-Chairman-CAPEXCIL and Mr Sumit Kumar Ghosh-Chairman -SHEFEXIL.

SEMINARS/ CAPACITY BUILDING INITIATIVES:

The council had organized following seminars on various topics for creating awareness and capacity building:

Seminar on FTAs, Ahmedabad, Gujarat held on 04-05-2016.

Seminar on “Handling of Dangerous Goods (Chemicals) Transportation by Sea and Road” Mumbai, Maharashtra held on 27-05-2016.

Seminar on Handling of Dangerous Goods (Chemicals) Transportation by Sea and Road, Vadodara, Gujarat held on 17-06-2016

Awareness session on ‘Export of Processed Food Products’, Kolkata, West Bengal held on 24-06-2016

Awareness Seminar on FTAs & Export Incentives New Delhi held on 22-07-2016

Seminar on Custom Procedures for Export and Import Mumbai, Maharashtra held on 05-08-2016

Seminar on “Emerging Global Trade Scenario-Impact on India’s Exim Trade” in Kolkata organized by FIEO. Kolkata, West Bengal held on 16-09-2016

Seminar on Handling of Dangerous Goods (Chemicals) Transportation by Sea and Road Dahej, Gujarat held on 16-09-2016

Seminar on Forex Management & Trade Finance Mumbai, Maharashtra held on 29-09-2016

Twin Seminars on “Model GST Law: Critical Issues Impacting Chemical Industry” & “Forex Management & Hedging” Ahmedabad, Gujarat held on 21-10-2016

Seminar on Model GST Law Critical issues impacting Industry Mumbai, Maharashtra held on 30-11-2016

Seminar On “Model GST Law Critical issues impacting the Industry” Kolkata, West Bengal held on 06-01-2017

Twin Seminar on “Impact of Budget on exports” & “ REACH 2018 Compliance ” Ahmedabad, Gujarat held on 14-02-2017


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EXPORT PROMOTIONAL ACTIVITIES BY REGIONAL OFFICES DURING APRIL 2016 TO MARCH 2017

Ahmedabad:

Registration Cum Membership Certificate (RCMC)

During the period under review, the Regional Office has issued 80 Fresh RCMC, 120 Renewed RCMC, 76 Combined & 40 Incorporated Amendments, 80 Total Addition of New Member.

CERTIFICATE OF ORIGIN :

During the period under review, the Regional Office has issued 16 Non Preferential Certificate of Origin.

VISA RECOMMENDATION LETTERS :

During the period under review, the Regional Office has issued 174 Visa Recommendation Letters.

Export Promotional Activities:

Organized Vatva industry visit for Shri Sunil Kumar, IAS, Joint Secretary, EP(CAP), Department Of Commerce, Ministry of Commerce & Industry, New Delhi and Shri Sunil Kumar Sharma, Director (Chemicals), Department of Chemicals & Petrochemicals, Ministry of Chemicals & Fertilizers, New Delhi & on 18-11-2016.

They visited:

* CEPT (Common Effluent Treatment Plant)

* Green- Biological Treatment Plant & Me & Spray Dryer (Zero Discharge Common Unit) and

* NOVEL - Sulphuric Spent Acid Neutralization Plant, 2016

Dr. B.R. Gaikwad - Chairman, CHEMEXCIL, Mr. Ajay Kadakia – Chairman ME Panel, Mr. Abhay Udeshi - Chairman Castor Oil and Specialty Chemical Panel, Mr. Bhupendra Patel, Gujarat Region Chairman, Mr. Suhas Bharadi, Executive Director, Mr. Prafulla Walhe, Dy Director & Mrs. Vaishali Zinzuwadia, Regional Director, Chemexcil, Gujarat- were also present during this Industry Visit.

Organized 3rd Meeting of the Committee of Administration (COA) for the year 2016-17 in Ahmedabad on 18th November 2016 at Hotel Courtyard by Marriott, Ahmedabad.

Organized Inter active meeting with Council’s Member Exporters on 18th November 2016 at Hotel Courtyard by Marriott, Ahmedabad.

Organized ROAD SHOW on CAPINDIA 2017 jointly with PLEXCONCIL at Hotel Novotel, Ahmedabad on 14th February 2017.

The special interactive session between the Organizers of CAPINDIA 2017 Exhibition and media was also organized during the Road Show. Around 30 media channels were present and interviewed Mr. S.G. Bharadi, Exe. Director, CHEMEXCIL and Mr. Sabyasachi Dutta Exe. Director - PLEXCONCIL.


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Attended monthly/bimonthly Grievance meetings held at JT. DGFT’s office regularly.

Bengaluru:


During the period under review, the Regional Office has issued 33 Fresh RCMC, 37 Renewed RCMC, 10 Combined & 7 Incorporated Amendments & 33 Total Addition of New Member.

Kolkata:


During the period under review, the Regional Office has issued 21Fresh RCMC/Renewed RCMC & 7 Total Addition of New Member.

CERTIFICATE OF ORIGIN

During the period under review, the Regional Office has issued to Non Prefessional Certificate of Origin.

Meeting:

During the period under review, the Regional Officer attended the following meetings / Interactive Sessions –

Interactive Session on ‘Draft Model GST Law’ held on 25th June, 2016 organized by Bharat Chamber of Commerce

FIEO Eastern Region in association with EEPC - India, GJEPC, ASSOCHEM and BCCI organized an Interactive Meeting of Exporters with Ms. Rita Teaotia, IAS, Ministry of Commerce & Industry, Government of India in Kolkata on 20th August, 2016.

1st Trade Conclave on Land Port Authority in association with FIEO and CWC - regarding the issues to facilitation of trade at the Inland Check Post at Petrapole on 23rd September, 2016

Workshop on Authorized Economic Operator (AEO) Outreach Programme organized by FIEO with the Central Board of Excise and Customs on16th November, 2016

New Delhi:

MEMBERSHIP OF THE REGION

Concerted efforts to mobilize new members yielded 41 new members during the period under review.

Meetings/Interactive Session Attanded:

CII Annual Session 2016 ‘Building National Competitiveness’, organized by CII on 04-04-2016.

3rd Meeting of the CITD Project Steering Committee held under the Chairmanship of


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Mrs. Anita Praveen, IAS, FT (LAC), Joint Secretary, Department of Commerce, Government of India on 05-04-2016.

Meeting on boosting trade with Russia held under the Chairmanship of Dr. Guruprasad Mohapatra, Joint Secretary, FT(CIS), MOC on 08-04-2016.

Industry Interactive Session with Shri Prakash Javadekar, Hon’ble Minister of Environment, Forest and Climate Change, Government of India, organized by FICCI on 12-04-2016.

EU-India BTIA Impact Assessment Conference, organized by CUTS International in collaboration with WTI, Bern on 22-04-2016.

Golden Jubilee Celebration & Award Function, organized by FIEO on 04-05-2016.

2nd Meeting of Joint Committee at Ministerial Level under India-Korea CEPA held under the Chairmanship of Shri Sanjay Chadha, Joint Secretary, MOC. on 06-05-2016.

Meeting of single window project expert group on description and classification of drug list issued by DCG on 12-05-2016.

Meeting for discussion on Draft Notification S.O. No. 246(E) dated 27.01.2016 for amendment in ETA notification held under the Chairmanship of Shri Manoj Kumar Singh, Joint Secretary, Ministry of Environment, Forest & Climate Change on 17-05-2016.

Meeting on 1st BRICS Trade Fair under the Chairmanship of Shri Dammu Ravi, Joint Secretary, MOC on 20-05-2016.

Stakeholders’ Meeting on Expansion of India MERCOSUR PTA held under the Chairmanship of Ms. Anita Praveen, IAS, JS –FT(LAC), MOC on 25-05-2016.

Meeting of the Committee to examine the view/comments received on proposed plan of action under ‘National Chemical Policy - 2016’ held under the Chairmanship of Shri Samir Kumar Biswas, IAS, Joint Secretary (Chemicals) on 26-05-2016.

Stakeholders’ Consultation on “India and APEC: Issues and Option”, organized by FICCI on 31-05-2016.

Interactive Session with Australian High Commissioner to India, H.E. Harinder Sidhu on “Pathway to Trade Liberalization”, organized by ICRIER on 01-06-2016.

Meeting held on 03-06-2016 under the Chairmanship of Shri L C Goyal, Chairman, ITPO regarding participation in ITPO Overseas Events during 2016 -17.

Open House Meet with Dr. Anup Wadhawan, IAS, DGFT, organized by FIEO on 03-06-2016.

Meeting with Industry Associations held on 21-06-2016 under the Chairmanship of Secretary, DCPC to finalize the programmes under CPDS to be organized during 2016 -17.

3rd National Standard Conclave “Challenge of global Standards – Adopt or Perish”, organized by CII in collaboration with Department of Commerce, MOC&I, Government of India on 23rd & 24th June, 2016.

India-Nepal Bilateral Inter-governmental Committee (IGC) meeting Co-chaired by Smt. Rita Teaotia, IAS, Commerce Secretary, MOC on 28 & 29-06-2016.


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Stakeholders’ Consultation on “Linking LDCs into India’s Global Value Chains”, organized by Commonwealth Secretariat, Centre for WTO Studies, FICCI along with other partners held on 29 & 30-06-2016.

FICCI Sub-Committee Meeting on Crop Protection Chemicals held on 30-06-2016.

Interactive Session on 13-07-2016 with Shri Anup Wadhawan, IAS, DGFT on “Foreign Trade Policy and Ease of Doing Business”, jointly organized by FICCI & FIEO.

Meeting on 1st BRICS Trade Fair under the Chairmanship of Shri Dammu Ravi, Joint Secretary, MOC on 25-07-2016.

Interactive Session on European Standards & Regulations, organized by FIEO on 26-07-2016.

Meeting on 10th Session of India-Uzbekistan Inter Governmental Commission Trade, Economic, Scientific and Technological Cooperation (IU-IGC) held on 11-08-2016 under the Chairmanship of Shri Sunil Kumar, IAS, Joint Secretary, FT(CIS), MOC.

Interactive session with Officers engaged in policy making in relation to GST held on 18th August, 2016 at North Block, CBEC, Ministry of Finance, GOI.

FICCI Chemicals and Petrochemicals Awards 2016, organized by FICCI on 25-08-2016.

Meeting held on 06-09-2016 with JS(Chemicals) on setting up of Central Institute of Chemical Engineering Technology.

Meeting to discuss rules of origin under the India-EFTA Trade and Economic Partnership (TEPA) negotiations on 12-09-2016.

Niryat Bandhu Function – Review, Progress & Path forward, organized by IIFT on15-09-2016.

Meeting of the Grievance Committee held under the chairmanship of Dr. Anup Wadhawan, DGFT on 21-09-2016.

Meeting with Shri Ali R. Rizvi, Joint Secretary, Department of Commerce regarding status of completion of MAI event 2016 -17 & status of finalization of accounts and requirement of additional funds by EPCs on 23-09-2016 .

CAPINDIA 2017 Meeting held on 23-09-2016 under the chairmanship of Shri Sunil, Kumar, Joint Secretary, Department of Commerce.

Meeting held on 30-09-2016 with Shri Sunil Kumar, Joint Secretary, Department of Commerce regarding issues pertaining to Council.

Meeting held on 14-10-2016 with Stakeholders under chairmanship of Smt. Anita Praveen, JS, MOC on India-UK JETCO, scheduled.

Sub-Committee Meeting of MAI Proposals for the year 2017-18 held on 17-10-2016 under the chairmanship of Shri Ali R. Rizvi, Joint Secretary, Department of Commerce.

Interactive Session on Business Opportunities in CIS Countries, organized by FIEO.

BRICS Business forum, organized by FICCI on 13-10-2016.

Meeting with Dr. H.A.C. Prasad, Senior Economic Advisor, Ministry of Finance, Government of India on 27-10-2016.


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Meeting with Revenue Secretary on GST held on 09-11-2016.

“Pre-Budget meeting for Union Budget FY 2017-18” held under the Chairpersonship of Shri Ram Tirath, Member (CBEC) Department of Revenue, Ministry of Finance, Government of India .

India-Bangladesh Commerce Secretary Level Meeting held under the Chairmanship of Smt. Rita Teaotia, Commerce Secretary, MOC held on 15th & 16th - 11, 2016

Meeting on Expansion of India-MERCOSUR PTA held under the chairmanship of Mrs. Anita Praveen, Joint Secretary, FT (LAC), Ministry of Commerce on 18-11-2016.

Meeting regarding Impact of Demonetization under the Chairpersonship of Smt. Nirmala Sitharaman, Hon’ble Minister of State (Independent Charge), Minister of Commerce & Industry 19-11-2016.

Empowered Committee Meeting of MAI Proposals for the year 2017 -18 held under the Chairmanship of Smt. Rita Teaotia, IAS, Commerce Secretary, Department of Commerce (AFRICA / WANA / SOUTH ASIA/ ASEAN / EA / OCEANIA) on 22-11-2016.

Technical Session on recent developments in GST rate structure and its implication on Trade, organized by FIEO 28-11-2016

Empowered Committee Meeting of MAI Proposals for the year 2017 -18 held under the chairmanship of Smt. Rita Teaotia, IAS, Commerce Secretary, Department of Commerce (CIS / NEA / LAC/ EUROPE / NAFTA) on 29-11-2016.

Training Session on Digital Payment Modes, organized by Niti Aayog on 05-12-2016.

Interactive Session with Shri V. Kalyana Rama, CMD, CONCOR, organized by FIEO on 09-12-2016.

Consultation meeting on “Cooperation amongst SMEs from BRICS Countries through E-Commerce Development and Technology Transfer”, jointly organized by FICCI and UNIDO on 20-12-2016.

Meeting of the Executive Committee of the Society – ICEOFF on 25-12-2016.

Meeting regarding issues related to MAI, MDA and implementation of Cashless transaction held on 26-12-2016under the Chairmanship of Shri Ali R. Rizvi, JS, MOC.

Interactive meet on “Export Promotion, Potential Market Selection & Digital Marketing” jointly organized by FIEO in association with Fortune Institute of International Business on 29-12-2016.

3rd National Conference on “Sustainable Infrastructure with Plastics”, jointly organized by FICCI, Department of Chemicals & Petrochemicals, Government of India and Organization of Plastics Processors of India (OPP) on 04-01-2017.

Extra Ordinary General Meeting of FIEO on 06-01-2017.

Panel discussion on 11-01-2017 “Future of Exports for Indian MSME’s: Opportunities & challenges”, organized by FIEO in association with Business Standard.


32

National conference on “Export Packaging and UN Certification of Hazardous Goods – Testing and Labeling of Bulk Containers”, organized by Indian Institute of Packaging (IIP) – Delhi.

Grievance Redressal Committee meeting held on 18-01-2017 under the Chairmanship of DGFT.

One day workshop on 21-01-2017 “Challenges and Prospects of Aromatherapy” organized by ICEOFF.

Meeting on Rules of origin of India-EFTA negotiations on 24-01-2017.

Post Budget Interactive Session with Industry Associations, invited by FICCI on 03-02-2017.

Meeting on 17-02-2017consultation in connection with Mid Term Review of the FTP 2015-20.

Inter-Ministerial meeting to discuss the issues w.r.t. India – Australia and India –New Zealand CECA negotiations held under the chairmanship of Sh. Anup Wadhawan, IAS, Additional Secretary, Ministry of Commerce on 20-02-2017.

Meeting on Utilization of concessions under India-Korea CEPA held under the chairmanship of Shri Vijay Kothari, Director, FT(NEA) Division, MOC on 27-02-2017.

Meeting on 07-03-2017 Anti-dumping and Countervailing Duty Investigation initiation notice from MOFCOM under the chairmanship of Shri S. S. Das, Director, DGAD, MOC.

Seminar on 08-03-2017Trade Facilitation Agreement “Strengthening India’s Preparedness”, organized by CII.

Meeting on 20-03-2017 India-EU CITD Project - AWP4 under the chairmanship of Smt. Anita Praveen, IAS, JS, FT (LAC), Depart of Commerce.

Meeting on 28-03-2017 India-Australia and India-New Zealand CECA negotiations held under the chairmanship of Sh. Anup Wadhawan, Aditional Secretary, DOC.

4th Meeting of the CITD Project Steering Committee held in Department of Commerce, New Delhi on 29 & 30 -03-2017.


33

CHEMEXCIL’S EXPORT PERFORMANCEUSD in Million

CHAPTER NO. /PANEL2014-15 (Actual)

2015-16 (Actual)

2016-17 (Provisional)

% over 2015-16

(32) Dyes & (29) Dye Intermediates 2370 2055 2115 3(28) inorganic,(29) Organic & (38) Agro Chemicals

8030 7453 7786 4

(33)Cosmetics, (34) Soaps, Toiletries & (33) Essential Oils

1494 1472 1573 7

(15) Castor Oil 770 705 676 -4Total 12664 11686 12151 4

Source: DGCI&S


34

TOP 25 COUNTRIES OF EXPORTS OF CHEMEXCIL ITEMSFOR THE YEAR 2014-15, 2015-16 & 2016-17

USD in Million

Country 2014-15 (Actual) 2015-16 (Actual) 2016-17 (Provisional)

USA 1528 1371 1376China P RP 1076 982 981Brazil 540 443 582Saudi Arabia 357 487 507Indonesia 640 504 473UAE 409 400 440Netherlands 488 432 401Japan 314 332 385Germany 423 380 343Bangladesh PR 309 301 342Pakistan IR 274 235 342Korea Rp 298 325 327Malaysia 544 255 321Turkey 346 292 305Belgium 443 333 302Singapore 285 294 275Spain 309 251 249Thailand 253 279 248France 285 262 245Italy 270 215 227Taiwan 145 178 199U.K. 224 194 185Mexico 181 183 173Iran 209 164 156South Africa 124 129 152


35

PANEL I: DYES (CHAPTER 32) & DYE INTERMEDIATES (CHAPTER 29)EXPORTS OF DYES (CHAPTER 32) & DYE INTERMEDIATES (CHAPTER 29)

USD in MillionYear 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Export 2013 2203 2344 3025 3576 4142 2153 2370 2055 2115

USD in Million

Year U.S.A. Turkey China Bangladesh Korea Rp Germany Brazil Italy Thailand Indonesia Pakistan Netherland Japan Singapore UK

2016-17 189 147 135 117 102 96 91 91 85 81 79 72 63 54 54

2015-16 199. 144 127 103 89 99 76 89 84 76 75 73 59 79 49

2014-15 217 182 139 114 100 113 117 124 75 92 81 76 72 55 55


36

EXPORT OF DYES (CHAPTER 32) TO TOP 15 COUNTRIES FOR THE YEARS 2014-15,2015-16 & 2016-17

USD in Million

Region/Country2014-15 (Actual)

2015-16 (Actual)

%Increase/ Decrease over previous year



USA 189 179 -5 169 -6Turkey 179 141 -21 143 1Bangladesh PR 113 102 -10 116 14Germany 107 93 -13 92 -1Italy 122 89 -27 90 1Brazil 115 73 -37 89 22China P RP 77 70 -9 87 24Thailand 63 74 17 79 7Indonesia 84 73 -13 77 5Pakistan IR 78 73 -6 76 4Netherlands 70 68 -3 68 0Korea Rp 66 63 -5 61 -3Japan 60 52 -13 56 8Singapore 55 49 -11 54 10U.K. 51 46 -10 52 13Source: DGCI&S


37

Exports of Dyes (Chapter 32) Through Major Ports for the years 2014-15, 2015-16 & 2016-17

USD in Million

Ports2014-15 (Actual)

2015-16 (Actual)




Amritsar Rly.Stn. 35 39 11 43 10Bangalore ICD 4 4 0 4 0

Chennai Air 3 3 0 0 -100Chennai Sea 17 14 -18 17 21Delhi Air 2 2 0 2 0Delhi ICD 8 8 0 3 -63Hyderabad Air 1 0 -100 0 0ICD Sabartmati 737 634 -14 650 3Jogbani 1 2 100 2 0Kolkata Sea 0 1 0 1 0Mumbai Air 25 26 4 33 27New Mangalore Sea 4 4 0 3 -25Nhava Sheva Sea 948 800 -16 785 -2Other ports 299 304 2 358 18Petrapole Land 43 33 -23 29 -12Raxaul Land 2 1 -50 2 100Source: DGCI&S

Export of Dyes (Chapter 32) to Africa and WANA for the years 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Egypt A. Rp. 34 29 -15 28 -3Iran 23 18 -22 21 17South Africa 22 20 -9 20 0Nigeria 14 11 -21 11 0Kenya 9 9 0 9 0Tanzania Rp. 8 4 -50 5 25Morocco 7 5 -29 5 0Israel 4 3 -25 4 33Algeria 4 3 -25 3 0Ethiopia 4 3 -25 3 0Cote D’ Ivoire 3 1 -67 2 100Ghana 2 2 0 2 0Senegal 1 2 100 2 0Lebanon 1 2 100 1 -50Sudan 1 2 100 1 -50Source: DGCI&S


38

EXPORT OF DYES (CHAPTER 32) TO ASEANFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million

Country2014-15 (Actual)

2015-16 (Actual)




Thailand 63 74 17 79 7Indonesia 84 73 -13 77 5Singapore 55 49 -11 54 10Vietnam 23 25 9 27 8Malaysia 15 13 -13 14 8Philippines 16 15 -6 14 -7Australia 11 10 -9 11 10Myanmar 2 2 0 2 0New Zealand 2 2 0 1 -50Source: DGCI&S

Export of Dyes (Chapter 32) to CIS for the years 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Russia 15 13 -13 15 15Ukraine 1 1 0 2 100Source: DGCI&S


39

EXPORT OF DYES ( CHAPTER 32) TO LACFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Brazil 115 73 -37 89 22Honduras 53 50 -6 44 -12Argentina 22 20 -9 17 -15Peru 13 12 -8 12 0Colombia 12 11 -8 11 0Dominican Rp. 11 8 -27 6 -25Chile 5 4 -20 5 25El Salvador 3 4 33 4 0Uruguay 7 6 -14 4 -33Guatemala 4 3 -25 3 0Ecuador 2 2 0 2 0Panama Rp. 2 1 -50 1 0Paraguay 0 1 0 1 0Venezuela 1 0 -100 1 0Costa Rica 1 0 -100 0 0Source: DGCI&S

EXPORT OF DYES (CHAPTER 32) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 189 179 -5 169 -6Mexico 40 45 13 42 -7Canada 9 9 0 8 -15Source: DGCI&S


40

EXPORTS OF DYES (CHAPTER 32) TO EUROPEAN UNIONFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Germany 107 93 -13 92 -1Italy 122 89 -27 90 1Netherlands 70 68 -3 68 0U.K. 51 46 -10 52 13Belgium 44 40 -9 40 0Spain 55 43 -22 40 -7France 17 14 -18 15 7Denmark 11 13 18 11 -15Portugal 11 13 18 11 -15Poland 6 5 -17 6 20Greece 6 5 -17 5 0Finland 6 2 -67 3 50Sweden 2 2 0 2 0Czech Rep. 1 0 -100 1 0Source: DGCI&S

EXPORTS OF DYES (CHAPTER 32) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Turkey 179 141 -21 143 1Bangladesh PR 113 102 -10 116 14China P RP 77 70 -9 87 24Pakistan IR 78 73 -6 76 4Korea Rp 66 63 -5 61 -3Japan 60 52 -13 56 8Taiwan 33 27 -18 28 4UAE 17 16 -6 17 6Switzerland 22 15 -32 15 0Saudi Arabia 12 13 8 11 -15Norway 0 3 0 8 167Sri Lanka DSR 7 8 14 7 -13Hong Kong 13 9 -31 6 -33Nepal 4 4 0 5 25Mauritania 3 2 -33 2 0Source: DGCI&S


41

EXPORT OF DYE INTERMEDIATES (CHAPTER 29) TO TOP 15 COUNTRIES FOR THE YEARS 2014-15,2015-16 & 2016-17

USD in Million


2015-16 (Actual)




China P. Rp. 62 56 -10 48 -14Korea Rp. 33 26 -21 41 58Taiwan 23 11 -52 21 91USA 29 20 -31 20 0Japan 12 7 -42 7 0Thailand 12 10 -17 6 -40Indonesia 8 3 -63 5 67Germany 6 6 0 4 -33Turkey 3 3 0 4 0Netherlands 6 5 -17 4 -20Pakistan IR 3 2 -33 3 50Mexico 3 3 0 3 0Spain 5 3 -40 2 -33Hungary 0 1 0 2 100U.K. 4 3 -25 2 -33Source: DGCI&S

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) THROUGH MAJOR PORTSFOR THE YEAR 2014-15, 2015-16 & 2016-17

(USD IN MILLION)

Ports2014-15 (Actual)

2015-16 (Actual)




ICD Sabartmati 76 53 -30 66 25Kandla Sea 4 2 -50 0 -100Mumbai Air 1 0 -100 1 0Mumbai Sea 6 0 0 0 0Nhava Sheva Sea 136 106 -22 98 -8Other ports 17 20 18 19 -5Source: DGCI&S


42

EXPORT OF DYE INTERMEDIATES (CHAPTER 29) TO AFRICA AND WANAFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Israel 0 1 0 1 0Kenya 1 1 0 1 0Sudan 1 0 -100 0 1Source: DGCI&S

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO ASEANFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Thailand 12 10 -17 6 -40Indonesia 8 3 -63 5 67Philippines 5 1 -80 1 0Malaysia 2 0 -100 0 0Source: DGCI&S

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO CIS FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Russia 1 1 0 1 0Total 1 1 0 1 0Source: DGCI&S


43

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO LACFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Brazil 0 2 0 2 0Colombia 0 1 0 2 100Guatemala 0 1 0 0 -100Source: DGCI&S

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 29 20 -31 20 0Mexico 3 3 0 3 0Source: DGCI&S

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO EUROPEAN UNIONFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Germany 6 6 0 4 -33Netherlands 6 5 -17 4 -20Hungary 0 1 0 2 100Spain 5 3 -40 2 -33U.K. 4 3 -25 2 -33Czech Rep. 1 1 0 1 0Italy 2 1 -50 1 0France 0 1 0 0 -100Romania 0 4 0 0 -100Source: DGCI&S


44

EXPORTS OF DYE INTERMEDIATES (CHAPTER 29) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




China P. Rp. 62 56 -10 48 -14Korea Rp 33 26 -21 41 58Taiwan 23 11 -52 21 91Japan 12 7 -42 7 0Turkey 3 3 0 4 33Pakistan IR 3 2 -33 3 50Switzerland 1 0 -100 1 0UAE 4 2 -50 1 -50Nepal 1 1 0 1 0Bangladesh PR 1 1 0 1 0Sri Lanka DSR 3 2 -33 1 -50Malaysia 2 0 -100 0 0Source: DGCI&S


45

Exports of Inorganic Chemicals (Chapter 28), Organic Chemicals (Chapter 29) & Agro Chemicals (Chapter 38)

USD in Million

Year 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

Export 2154 3072 3499 4346 5386 5875 8286 8030 7453 7786

USD in MillionYear U.S.A. China Brazil Saudi Arabia Indonesia Japan Malaysia U.A.E. Belgium Germany Netherlands Pakistan Korea Rp Singapore Spain

2016 -17 957 557 462 352 274 273 241 231 228 217 210 217 210 196 154

2015-16 960 555 345 387 393 223 183 211 265 256 238 112 211 189 196

2014-15 1071 694 398 258 514 189 421 203 375 280 259 154 174 230 176


46

EXPORT OF INORGANIC CHEMICALS (CHAPTER 28) TO TOP 15 COUNTRIES FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




UAE 36 35 -3 80 129USA 60 51 -15 54 6China P RP 20 22 10 40 82Turkey 27 17 -37 39 129Bangladesh PR 26 29 12 35 21Korea Rp 27 32 19 32 0Sri Lanka DSR 39 29 -26 27 -7Vietnam 21 19 -10 25 32Thailand 17 14 -18 24 71Indonesia 15 16 7 23 44South Africa 24 21 -13 21 0Saudi Arabia 21 16 -24 21 31Netherlands 7 17 143 19 12Nepal 18 17 -6 17 0Germany 20 16 -20 17 6Source: DGCI&S


47

EXPORT OF INORGANIC CHEMICALS (CHAPTER 28) THROUGH MAJOR PORTSFOR THE YEAR 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Bangalore Air 0 2 0 2 0Bangalore ICD 1 1 0 2 100Chennai Air 0 2 0 1 -50Chennai Sea 41 25 -39 20 -20Cochin Sea 9 12 33 10 -17Delhi Air 2 2 0 2 0Delhi ICD 13 9 -31 9 0Hyderabad Air 0 1 0 1 0ICD Kanpur 5 1 -80 1 0ICD Sabarmati 13 13 0 15 15Jogbani 5 6 20 5 -17Kolkata Sea 9 4 -56 6 50Marmagoa Sea 0 4 0 15 275Mumbai Air 25 16 -36 18 13Mumbai Sea 0 4 0 0 -100Nhava Sheva Sea 225 188 -16 210 12Other ports 283 291 3 411 41Petrapole Land 14 15 7 17 13Raxaul Land 7 5 -29 6 20Tuticorin Sea 25 23 -8 19 -17Visakhapatnam Sea 4 5 25 4 -20Source: DGCI&S


48

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO AFRICA AND WANA COUNTRIES

FOR THE YEARS 2014-15, 2015-16 AND 2016-17USD in Million


2015-16 (Actual)




South Africa 24 21 -13 21 0Iran 32 18 -44 16 -11Kenya 12 13 8 11 -15Tanzania Rp. 9 12 33 10 -17Nigeria 9 6 -33 6 0Uganda 2 4 100 6 50Egypt A. Rp. 5 6 20 5 -17Sudan 5 3 -40 5 67Israel 3 2 -33 3 50Ethiopia 2 3 50 3 0Morocco 1 1 0 2 100Mozambique 1 3 200 2 -33Ghana 2 2 0 2 0Cote D’ Ivoire 2 2 0 2 0Algeria 2 2 0 1 -50Source: DGCI&S

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Vietnam 21 19 -10 25 32Thailand 17 14 -18 24 71Indonesia 15 16 7 23 44Malaysia 11 10 -9 14 40Australia 7 9 29 9 0Philippines 4 5 25 6 20Singapore 5 9 80 6 -33Myanmar 3 3 0 3 0New Zealand 2 2 0 1 -50Source: DGCI&S


49

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO CIS COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Russia 8 9 13 10 11Ukraine 1 1 0 1 0Kazakhstan 1 1 0 0 -51Source: DGCI&S

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO LAC FOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Brazil 5 7 40 10 43Chile 1 2 100 4 100Colombia 2 1 -50 2 100Argentina 4 4 0 2 -50Peru 1 1 0 1 0Venezuela 1 0 -100 0 0Source: DGCI&S

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 60 51 -15 54 6Mexico 6 4 -33 5 25Canada 2 2 0 2 0Source: DGCI&S


50

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO EUROPEAN UNI ON COUNTRIES



2015-16 (Actual)




Netherlands 7 17 143 19 12Germany 20 16 -20 17 6Spain 6 8 33 16 100Belgium 22 17 -23 15 -12Italy 11 10 -9 12 20U.K. 14 10 -29 10 0Poland 5 5 0 5 0France 5 5 0 4 -20Portugal 4 3 -25 4 33Denmark 2 1 -50 2 100Bulgaria 1 1 0 2 100Lithuania 1 0 -100 1 0Greece 1 0 -100 1 0Finland 2 1 -50 1 0Sweden 0 0 0 1 0Czech Rep. 1 1 0 1 0Latvia 1 0 -100 1 0Slovak Rep. 2 0 -100 0 0Source : DGCI&S


51

EXPORTS OF INORGANIC CHEMICALS (CHAPTER 28) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Bangladesh PR 26 29 12 35 21UAE 36 35 -3 80 129China P RP 20 22 10 40 82Turkey 27 17 0 39 129Korea Rp 27 32 19 32 0Sri Lanka DSR 39 29 -26 27 -7Saudi Arabia 21 16 -24 21 31Nepal 18 17 -6 17 0Japan 18 14 -22 14 0Pakistan IR 11 10 -9 14 40Taiwan 8 8 0 8 0Oman 3 5 67 6 20Qatar 2 3 0 3 0Switzerland 9 1 -89 3 200Kuwait 3 2 -33 2 0Source : DGCI&S

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO TOP 15 COUNTRIES FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




USA 694 574 -17 537 -6China P RP 627 473 -25 455 -4Saudi Arabia 228 360 58 388 8Indonesia 453 334 -26 278 -17Malaysia 396 161 -59 244 52Pakistan IR 131 86 -34 180 109Germany 194 185 -5 176 -5Spain 207 166 -20 160 -4UAE 163 171 5 158 -8Japan 117 134 15 154 15Belgium 277 182 -34 154 -15Netherlands 196 161 -18 150 -7Korea Rp 124 154 24 144 -6Singapore 136 154 13 126 -18Switzerland 106 109 3 117 7Source : DGCI&S


52

EXPORTS OF ORGANIC (CHAPTER 29)CHEMICALS THROUGH MAJOR PORTS FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Bangalore Air 71 67 -6 61 -9Bangalore ICD 24 17 -29 20 18Chennai Air 16 19 19 16 -16Chennai Sea 137 96 -30 78 -19Cochin Sea 10 2 -80 2 0Delhi Air 26 45 73 53 18Delhi ICD 31 29 -6 27 -7Hyderabad Air 344 374 9 349 -7ICD Sabarmati 44 45 2 55 22Jogbani 1 1 0 1 0Kandla Sea 32 46 44 57 24Kolkata Air 1 1 0 1 0Kolkata Sea 64 174 172 214 23Mumbai Air 156 155 -1 145 -6Mumbai Sea 83 32 -61 9 -72New Mangalore Sea 12 1 -92 0 -100Nhava Sheva Sea 1618 1475 -9 1455 -1Other ports 2698 2256 -16 2289 1Petrapole Land 8 9 13 10 11Raxaul Land 4 2 -50 3 50Tuticorin Sea 4 4 0 5 25Visakhapatnam Sea 9 7 -22 13 86Source: DGCI&S


53

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO AFRICA AND WANA COUNTRIES



2015-16 (Actual)




Iran 81 63 -22 49 -22Egypt A. Rp. 36 39 8 46 18Israel 44 54 23 42 -22South Africa 14 20 43 38 90Nigeria 24 15 -38 21 40Kenya 14 16 14 20 25Uganda 7 4 -43 8 100Tanzania Rp. 5 7 40 7 0Algeria 11 8 -27 6 -25Jordan 6 6 0 6 0Morocco 5 5 0 4 -20Syria 3 3 0 4 33Lebanon 4 3 -25 3 0Ghana 2 2 0 3 50Ethiopia 3 2 -33 2 0Source: DGCI&S

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Indonesia 453 334 -26 278 -17Malaysia 396 161 -59 244 52Singapore 136 154 13 126 -18Thailand 85 107 26 66 -38Vietnam 18 17 -6 20 18Australia 14 13 -7 10 -23Philippines 8 8 0 8 0New Zealand 2 2 0 3 50Myanmar 1 1 0 1 0Source: DGCI&S


54

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO CIS COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Russia 16 15 -6 38 153Ukraine 2 2 0 6 200Belarus 1 1 0 1 0Source: DGCI&S

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO LAC FOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Brazil 105 81 -23 89 10Argentina 22 22 0 23 5Colombia 16 15 -6 15 0Peru 4 5 25 6 20Chile 4 4 0 5 25Ecuador 2 1 -50 2 100Uruguay 1 3 200 2 -33Guatemala 2 2 0 2 0Paraguay 1 2 100 2 0Cuba 0 1 0 1 0Dominican Rp. 1 1 0 1 0Venezuela 1 1 0 1 0Costa Rica 1 1 0 1 0Suriname 1 0 -100 0 0Source: DGCI&S

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 694 574 -17 537 -6Mexico 93 93 0 82 -12Canada 43 37 -14 35 -5Source: DGCI&S


55

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO EU COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Germany 194 185 -5 176 -5Spain 207 166 -20 160 -4Belgium 277 182 -34 154 -15Netherlands 196 161 -18 150 -7Italy 96 74 -23 77 4U.K. 69 68 -1 59 -13France 51 50 -2 41 -18Ireland 17 20 18 27 35Poland 28 31 11 26 -16Slovenia 13 17 31 17 0Hungary 9 12 33 12 0Sweden 12 11 -8 12 9Czech Rep. 8 11 38 11 0Austria 6 9 50 10 11Finland 9 9 0 9 0Source : DGCI&S

EXPORTS OF ORGANIC CHEMICALS (CHAPTER 29) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




China P RP 627 473 0 455 -4Saudi Arabia 228 360 58 388 8Pakistan IR 131 86 -34 180 109UAE 163 171 0 158 -8Japan 117 134 15 154 15Korea Rp 124 154 24 144 -6Switzerland 106 109 3 117 7Taiwan 57 109 91 116 6Turkey 64 66 3 52 -21Bangladesh PR 36 37 3 45 22Oman 12 21 75 43 105Kuwait 30 31 0 36 16Hong Kong 5 3 -40 18 500Sri Lanka DSR 8 10 25 11 10Qatar 17 16 0 11 -31Source : DGCI&S


56

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO TOP 15 COUNTRIES FOR THE YEAR 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




USA 317 334 5 367 10Brazil 289 256 -11 364 42Japan 54 75 39 105 40France 99 88 -11 78 -11Belgium 77 66 -14 62 -6China P RP 47 61 30 61 0Vietnam 43 50 16 58 16Australia 43 67 56 56 -16Bangladesh PR 47 50 6 56 12Indonesia 46 44 -4 51 16Netherlands 56 59 5 48 -19Thailand 37 37 0 41 11Puerto Rico 20 32 60 40 25Colombia 30 35 17 38 9Germany 66 55 -17 35 -36Source : DGCI&S


57

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) THROUGH MAJOR PORTS FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Chennai Air 9 9 0 12 33Chennai Sea 68 57 -16 57 0Cochin Sea 1 0 -100 0 0Delhi Air 1 0 -100 1 0Delhi ICD 47 51 9 40 -22Hyderabad Air 1 1 0 0 -100ICD Kanpur 15 7 -53 3 -57ICD Sabarmati 10 15 50 16 7Jogbani 3 4 33 4 0Kandla Sea 0 1 0 0 -100Kolkata Sea 12 9 -25 8 -11Marmagoa Sea 101 82 -19 88 7Mumbai Air 52 35 -33 24 -31Nhava Sheva Sea 1203 1180 -2 1197 1Other ports 344 401 17 567 41Petrapole Land 9 13 44 13 0Raxaul Land 8 6 -25 10 67Tuticorin Sea 3 4 33 6 50Visakhapatnam Sea 67 92 37 101 10Source : DGCI&S


58

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO AFRICA AND WANA COUNTRIES



2015-16 (Actual)




Iran 35 21 -40 33 57South Africa 28 33 18 31 -6Israel 31 35 13 30 -14Nigeria 24 14 -42 22 57Egypt A. Rp. 24 18 -25 19 6Uganda 15 13 -13 16 23Morocco 11 13 18 13 0Ethiopia 9 10 11 13 30Kenya 10 9 -10 9 0Cote D’ Ivoire 6 6 0 9 50Sudan 8 5 -38 8 60Tanzania Rp. 8 7 -13 8 14Ghana 4 4 0 3 -25Jordan 5 5 0 3 -40Mozambique 2 2 0 2 0Source : DGCI&S

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Vietnam 43 50 16 58 16Australia 43 67 56 56 -16Indonesia 46 44 -4 51 16Thailand 37 37 0 41 11Singapore 35 33 -6 23 -30Philippines 16 15 -6 19 27Malaysia 14 12 -14 15 25Myanmar 7 8 14 11 38New Zealand 4 5 25 5 0Source : DGCI&S


59

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO CIS COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Russia 6 9 50 16 78Ukraine 2 2 0 2 0Georgia 1 0 -100 0 0Source : DGCI&S

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO LAC FOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Brazil 289 256 -11 364 42Colombia 30 35 17 38 9Argentina 23 30 30 30 0Costa Rica 8 15 88 21 40Guatemala 5 6 20 9 50Paraguay 4 10 150 9 -10Ecuador 6 5 -17 5 0Uruguay 23 17 -26 4 -76Chile 2 3 50 4 33Peru 3 3 0 3 0Nicaragua 2 2 0 2 0Panama Rp. 1 1 0 2 100Dominican Rp. 1 1 0 1 0Haiti 2 0 -100 1 0Cuba 1 1 0 0 -100Source : DGCI&S


60

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 317 334 5 367 10Mexico 29 31 7 34 10Canada 9 7 -22 6 -14Source : DGCI&S

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO EUROPEAN UNION COUNTRIES



2015-16 (Actual)




France 99 88 -11 78 -11Belgium 77 66 -14 62 -6Netherlands 56 59 5 48 -19Germany 66 55 -17 35 -36Italy 26 25 -4 28 12U.K. 48 27 -44 21 -22Spain 17 15 -12 15 0Portugal 5 4 -20 5 25Poland 2 4 100 3 -25Greece 2 2 0 2 0Slovenia 1 1 0 2 100Bulgaria 4 2 -50 1 -50Latvia 0 0 0 1 0Lithuania 1 2 100 1 -50Romania 0 1 0 1 0Source : DGCI&S


61

EXPORTS OF AGRO CHEMICALS (CHAPTER 38) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Japan 54 75 39 105 40China P RP 47 61 30 61 0Bangladesh PR 47 50 6 56 12Puerto Rico 20 32 60 40 25Turkey 20 19 -5 27 42Korea Rp 23 25 9 20 -20Pakistan IR 12 17 42 17 0Nepal 13 13 0 16 23Taiwan 15 14 -7 14 0Sri Lanka DSR 10 14 40 10 -29Saudi Arabia 9 10 11 7 -30Cameroon 4 3 -25 4 33Switzerland 3 2 -33 4 100Guinea 3 3 0 4 33UAE 4 4 0 3 -25Source : DGCI&S


62

EXPORT OF COSMETICS, TOILETRIES (CHAPTER 33), SOAPS (CHAPTER 34) & ESSENTIAL OILS (CHAPTER 33)

(USD in Million)

Year 2007-08 2008-09 2009-10 2010-11 2011-12 2012-2013 2013-14 2014-15 2015-16 2016-17

Export 525 854 1000 1233 1430 1609 1397 1494 1472 1573

(USD in Million)

Year U.A.E. U.S.A. Nepal Bangladesh Sri Lanka Saudi Arabia Singapore Pakistan Indonesia South Africa Iran Turkey Malyasia U.K. Egypt

2016 -17 175 156 96 90 82 79 64 53 39 37 33 32 31 30 25

2015-16 166 141 65 82 71 86 47 47 34 30 41 37 37 28 25

2014-15 179 146 73 85 45 85 51 38 33 31 26 42 39 26 42


63

EXPORT OF COSMETICS & TOILETRIES-TOP 15 COUNTRIES FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




UAE 174 160 -8 172 8USA 138 124 -10 134 8Nepal 71 63 -11 94 49Bangladesh PR 83 80 -4 87 9Sri Lanka DSR 44 70 59 81 16Saudi Arabia 84 85 1 77 -9Singapore 49 46 -6 62 35Pakistan IR 38 47 24 52 11South Africa 31 30 -3 37 23Iran 34 29 -15 33 14Turkey 42 36 -14 31 -14Malaysia 38 36 -5 30 -17U.K. 23 24 4 26 8Egypt A. Rp. 41 24 -41 24 0Indonesia 25 26 4 24 -8Source : DGCI&S


64

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) THROUGH MAJOR PORTS

FOR THE YEAR 2014-15, 2015-16 & 2016- 17USD in Million


2015-16 (Actual)




Bangalore Air 1 2 100 3 50Bangalore ICD 34 0 -100 0 0Chennai Air 5 5 0 5 0Chennai Sea 51 60 18 54 -10Cochin Sea 8 13 63 20 54Delhi Air 11 13 18 18 38Delhi ICD 48 50 4 46 -8Hyderabad Air 2 1 -50 1 0ICD Banglore 0 39 0 38 -3ICD Jaipur 0 1 0 0 -100ICD Sabarmati 29 35 21 46 31Jogbani 2 5 150 3 -40Kakinada Sea 0 3 0 0 -100Kolkata Sea 21 17 -18 20 17Marmagoa Sea 1 1 0 3 200Mumbai Air 12 11 -8 0 -100Mumbai Sea 1 1 0 14 1300New Mangalore Sea 10 2 -80 3 50Nhava Sheva Sea 562 492 -12 501 2Other ports 506 540 7 596 10Petrapole Land 48 36 -25 36 0Raxaul Land 46 23 -50 44 91Tuticorin Sea 4 8 100 10 25Source : DGCI&S


65

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO AFRICA AND WANA COUNTRIES



2015-16 (Actual)




Iran 34 29 -15 33 14Egypt A. Rp. 41 24 -41 24 0Nigeria 15 14 -7 21 50Yemen 13 7 -46 12 71Kenya 13 8 -38 9 13Tanzania Rp. 6 7 17 8 14Jordan 11 7 -36 8 14Sudan 5 8 60 7 -13Angola 13 8 -38 7 -13Israel 9 9 0 6 -33Algeria 6 5 -17 5 0Ethiopia 4 8 100 5 -38Mauritius 3 4 33 4 0Ghana 4 3 -25 4 33Source : DGCI&S

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Singapore 49 46 -6 62 35Malaysia 38 36 -5 30 -17Indonesia 25 26 4 24 -8Australia 17 18 6 19 6Thailand 12 15 25 14 -7Myanmar 6 9 50 11 22Vietnam 7 9 29 10 11Philippines 5 5 0 5 0New Zealand 3 4 33 5 25Source : DGCI&S


66

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO CIS COUNTRIESFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Russia 15 12 -20 13 8Ukraine 2 2 0 2 0Kyrgyzstan 0 0 0 1 0Source : DGCI&S

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO LACFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Brazil 21 21 0 21 0Haiti 6 5 -17 7 40Argentina 4 4 0 5 25Colombia 4 3 -25 3 0Panama Rp. 2 2 0 3 50Guatemala 2 2 0 2 0Peru 2 2 0 2 0Honduras 1 2 100 2 0Dominican Rp. 3 1 -67 1 0Chile 1 1 0 1 0Guyana 0 0 -100 1 0Paraguay 0 1 0 1 0Suriname 1 1 0 1 0Trinidad 1 1 0 1 0Uruguay 1 1 0 1 0Source : DGCI&S

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO NORTH AMERICA



2015-16 (Actual)




U.S.A. 138 124 -10 134 8Canada 15 10 -33 9 -10Mexico 5 4 -20 3 -25Source : DGCI&S


67

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO EUROPEAN UNIOIN COUNTRIES



2015-16 (Actual)




U.K. 23 24 4 26 8Netherlands 26 25 -4 23 -8Spain 15 11 -27 12 9Germany. 22 16 -27 12 -25Belgium 12 13 8 11 -15Poland 5 5 0 8 60France 8 10 25 7 -30Italy 5 5 0 6 20Latvia 4 3 -25 3 0Sweden 1 1 0 1 0Bulgaria 1 1 0 1 0Czech Rep. 1 1 0 1 0Finland 1 1 0 1 0Hungary 1 1 0 1 0Denmark 2 2 0 1 -50Source : DGCI&S

EXPORTS OF COSMETICS AND TOILETRIES (CHAPTER 33 & 34) TO GENERAL AREA



2015-16 (Actual)




UAE 174 160 -8 172 8Nepal 71 63 -11 94 49Bangladesh PR 83 80 -4 87 9Sri Lanka DSR 77 70 -9 81 16Saudi Arabia 84 85 1 77 -9Pakistan IR 38 47 24 52 11Turkey 42 36 -14 31 -14China P RP 26 22 -15 23 5Japan 19 21 11 23 10Korea Rp 11 15 36 17 13Oman 9 11 22 10 -9Kuwait 6 7 17 9 29Taiwan 5 5 0 7 40Iraq 4 5 25 6 0Baharin IS 5 4 -20 4 0Source : DGCI&S


68

EXPORTS OF ESSENTIAL OILS (CHAPTER 33) TO TOP 15 COUNTRIES FOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




USA 8 16 100 22 38France 11 16 45 17 6Indonesia 8 9 13 15 67Hong Kong 10 10 0 8 -20Germany 6 5 -17 4 -20U.K. 3 4 33 4 0UAE 5 5 0 3 -40Spain 3 3 0 3 0Bangladesh PR 3 2 -33 3 50Uganda 3 4 33 2 -50Nigeria 2 2 0 2 0Singapore 2 2 0 2 0China P RP 1 2 100 2 0Nepal 2 1 -50 2 100Saudi Arabia 0 1 0 1 0Source : DGCI&S

EXPORT OF ESSENTIAL OILS (CHAPTER 33) THROUGH MAJOR PORTSFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Bangalore Air 4 6 50 5 -17Bangalore ICD 12 12 0 18 50Chennai Air 4 8 100 11 38Chennai Sea 2 4 100 3 -25Cochin Airport 3 4 33 6 50Cochin Sea 4 5 25 6 20Delhi Air 14 18 29 17 -6Delhi ICD 6 6 0 4 -33ICD Sabarmati 2 1 -50 1 0Kolkata Air 4 5 25 3 -40Kolkata Sea 1 1 0 2 100Mumbai Air 5 6 20 5 -17Nhava Sheva Sea 11 15 36 14 -7Other ports 15 21 40 15 -29Petrapole Land 1 1 0 0 -100Raxaul Land 2 1 -50 1 0Source : DGCI&S


69

EXPORTS OF ESSENTIAL OILS ( CHAPTER 33) TO AFRICA AND WANA COUNTRIES



2015-16 (Actual)




Uganda 3 4 33 2 -50Nigeria 2 2 0 2 0Tanzania Rp. 1 1 0 1 0Kenya 1 1 0 1 0Egypt A. Rp. 1 1 0 1 0Iran 2 11 450 0 -100Mozambique 1 1 0 0 -100Israel 1 0 -100 0 0Source : DGCI&S

EXPORTS OF ESSENTIAL OILS ( CHAPTER 33) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Indonesia 8 9 13 15 67Singapore 2 2 0 2 0Australia 1 1 0 1 0Vietnam 1 1 0 1 0Myanmar 1 1 0 1 0Malaysia 1 1 0 1 0Thailand 0 0 0 1 0Source : DGCI&S

EXPORTS OF ESSENTIAL OILS (CHAPTER 33) TO LACFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Colombia 1 1 0 1 0Brazil 0 0 0 1 0Source : DGCI&S


70

EXPORTS OF ESSENTIAL OILS ( CHAPTER 33) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 8 16 100 22 38Canada 0 1 0 1 0Mexico 1 0 -100 0 0Source : DGCI&S

EXPORTS OF ESSENTIAL OILS ( CHAPTER 33) TO EUROPEAN UNION COUNTRIES



2015-16 (Actual)




France 11 16 45 17 6Germany. 6 5 -17 4 -20U.K. 3 4 33 4 0Spain 3 3 0 3 0Netherlands 0 0 0 1 0Ireland 0 1 0 0 -100Source : DGCI&S

EXPORTS OF ESSENTIAL OILS ( CHAPTER 33) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Hong Kong 10 10 0 8 -20Bangladesh PR 3 2 -33 3 50UAE 5 5 0 3 -40China P RP 1 2 100 2 0Nepal 2 1 -50 2 100Saudi Arabia 0 1 0 1 0Sri Lanka DSR 1 1 0 1 0Switzerland 3 1 -67 1 0Malawi 0 0 0 1 0Pakistan IR 0 0 0 1 0Congo D. Rep. 1 0 -100 0 0Oman 0 1 0 0 -100Turkey 0 1 0 0 -100Source : DGCI&S


71

Panel IV: Castor Oil (Chapter 15)Exports of Castor Oil (Chapter 15)

USD in Million

Year 2007-08 2008-09 2009-10 2010-11 2011-12 2012-2013 2013-14 2014-15 2015-16 2016-17

Export 245 409 462 654 879 793 726 770 705 676

USD in MillionYear China Netherland France U.S.A. Japan Belgium Thailand Italy U.K. Korea Rp Turkey Brazil U.A.E. Russia South Africa

2016 -17 265 89 82 73 26 19 18 14 11 11 8 6 6 5 4

2015-16 277 96 78 71 30 13 21 11 12 11 9 2 6 5 4

2014-15 216 126 93 94 33 11 29 7 12 12 11 2 6 5 5


72

EXPORT OF CASTOR OIL (CHAPTER 15) TO TOP COUNTRIESFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




China P. Rp. 216 277 28 265 -4Netherlands 126 96 -24 89 -7France 93 78 -16 82 5USA 94 71 -24 73 3Japan 33 30 -9 26 -13Belgium 11 13 18 19 46Thailand 29 21 -28 18 -14Italy 7 11 57 14 27U.K. 12 12 0 11 -8Korea RP 12 11 -8 11 0Turkey 11 9 -18 8 -11Brazil 2 2 0 6 200UAE 6 6 0 6 0Russia 5 5 0 5 0South Africa 5 4 -20 4 0Source : DGCI&S

EXPORT OF CASTOR OIL (CHAPTER 15) THROUGH MAJOR PORTSFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Chennai Sea 1 1 0 1 0ICD Sabarmati 47 38 -19 17 -55Kandla Sea 297 172 -42 139 -19Nhava Sheva Sea 11 3 -73 3 0Other ports 414 492 19 516 5Source : DGCI&S


73

EXPORTS OF CASTOR OIL (CHAPTER 15) TO AFRICA AND WANA COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




South Africa 5 4 -20 4 0Iran 2 2 0 3 50Egypt A. Rp. 2 3 50 2 -33Israel 1 1 0 1 0Jordan 1 0 -100 0 0Ghana 1 0 -100 0 0Source : DGCI&S

EXPORTS OF CASTOR OIL (CHAPTER 15) TO ASEANFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Thailand 29 21 -28 18 -14Malaysia 68 22 -68 4 -82Australia 3 2 -33 2 0Singapore 2 2 0 2 0Vietnam 1 1 0 1 0Indonesia 1 1 0 1 0Source : DGCI&S

EXPORTS OF CASTOR OIL (CHAPTER 15) TO CIS COUNTRIESFOR THE YEARS 2014-15, 2015-16 & 2016-17

USD in Million


2015-16 (Actual)




Russia 5 5 0 5 0Ukraine 1 1 0 1 0Source : DGCI&S


74

EXPORTS OF CASTOR OIL (CHAPTER 15) TO LACFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Brazil 2 2 0 6 200Argentina 1 1 0 1 0Colombia 0 1 0 0 -100Source : DGCI&S

EXPORTS OF CASTOR OIL (CHAPTER 15) TO NORTH AMERICAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




U.S.A. 94 71 -24 73 3Mexico 4 3 -25 3 0Canada 1 0 -100 1 0Source : DGCI&S

EXPORTS OF CASTOR OIL (CHAPTER 15) TO EUROPEAN UNION COUNTRIESFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




Netherlands 126 96 -24 89 -7France 93 78 -16 82 5Belgium 11 13 18 19 46Italy 7 11 57 14 27U.K. 12 12 0 11 -8Germany 3 3 0 3 0Spain 2 3 50 2 -33Finland 0 1 0 1 0Source : DGCI&S


75

EXPORTS OF CASTOR OIL (CHAPTER 15) TO GENERAL AREAFOR THE YEARS 2014-15, 2015-16 AND 2016-17

USD in Million


2015-16 (Actual)




China P. Rp. 216 277 28 265 -4Japan 33 30 -9 26 -13Korea RP 12 11 -8 11 0Turkey 11 9 -18 8 -11UAE 6 6 0 6 0Taiwan 4 4 0 4 0Pakistan IR 0 1 0 1 0Saudi Arabia 2 2 0 1 -50Kuwait 1 0 -100 0 0Source : DGCI&S


76

INDEPENDENT AUDITOR’S REPORT

To The Members of Basic Chemicals, Cosmetics and Dyes Export Promotion Council (Formerly known as Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council)(Limited by Guarantee)

Report on the Financial Statements

We have audited the accompanying financial statements of Basic Chemicals, Cosmetics and Dyes Export Promotion Council (“the Council”), which comprise the Balance Sheet as at 31st March, 2017, the Statement of Income and Expenditure for the year then ended, and a summary of the significant accounting policies and other explanatory information.

Committee of Administration’s Responsibility for the Financial Statements and for Internal Financial Controls over Financial Reporting.

The Council’s Committee of Administration is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with respect to the preparation of these financial statements that give a true and fair view of the financial position and financial performance of the Council in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding of the assets of the Council and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

The Council’s Committee of Administration is responsible for establishing and maintaining internal financial controls based on the internal control over financial reporting criteria established by the Council considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India. These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for ensuring the orderly and efficient conduct of its activities, including adherence to Council’s policies, the safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial information, as required under the Act.

Auditor’s Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit and to express an opinion on the Council’s internal financial controls over financial reporting based on our audit.

We have taken into account the provisions of the Act, the accounting and auditing standards and matters which are required to be included in the audit report under the provisions of the Act and the Rules made thereunder.


77

We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act and the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement and whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.

An audit involves performing procedures to obtain audit evidence about the amounts, the disclosures in the financial statements and adequacy of the internal financial controls system over financial reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exist, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial controls relevant to the Council’s preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by the Council’s Committee of Administration, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial statements and qualified opinion on the Council’s internal financial controls system over financial reporting.

Meaning of Internal Financial Controls Over Financial Reporting

A Council’s internal financial controls over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A Council’s internal financial controls over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the Council; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the Council are being made only in accordance with authorisations of Committee of Administration of the Council; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised acquisition, use, or disposition of the Council’s assets that could have a material effect on the financial statements.

Inherent Limitations of Internal Financial Controls Over Financial Reporting

Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.


78

Opinion

In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Council as at 31st March, 2017, and its surplus for the year ended on that date.

Emphasis of Matter:

Without Qualifying we draw attention to the following matters in the Notes to the financial statements:

a.) Note No. 17.2(a) regarding premises occupied by the Council in Mumbai, in respect of which cheques aggregating to `25,30,820 for 107 months (Previous Year `23,82,487 for 95 months) have been sent to the landlord and duly acknowledged by them but not deposited by the them lying in the stale cheques account under “other current liabilities” to the extent cheques becoming stale, and

b.) The expenses in respect of code-activities are subject to sanction / confirmation of the Government of India and Grant-in-aid received from the Ministry of Commerce and Industry is subject to adjustments as may be necessary in view of any Government Audit observations, non/partial fulfillment of certain conditions, if any as may be observed by them for eligibility of such Grant-in-aid, clarifications by the Council and final decision of the Ministry. Such audit is pending for the financial year 2016-17 (Refer Note no. 17.4).

c.) Interest payable to the government on unutilized grant received by the Council for the earlier years, which, at present, is not ascertainable and accordingly not provided as the Council is confident of getting the waiver of payment of such interest as and when demanded by the Government in terms of the conditions stipulated at the time of sanction.

Report on Other Legal and Regulatory Requirements

1. As required by Section 143(3) of the Act, we report that:

(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit.

(b) In our opinion, proper books of account as required by law have been kept by the Council so far as it appears from our examination of those books.

(c) The Balance Sheet and the Statement of Income and Expenditure dealt with by this Report are in agreement with the books of account.

(d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.

(e) In our Opinion, Section 164(2) of the Act in respect of reporting on disqualification of the Directors as provided under section 164(2) of the Act is not applicable to the Council as it is registered under section 8 of the Act.

(f) According to the information and explanations given to us and based on our audit, the following material weaknesses have been identified as at March 31, 2017:


79

i. Internal control procedures, financial accounting/reporting activities, statutory compliances and internal audit system need to be strengthened to be commensurate with the activities of the Council.

ii. To have the Information Systems Audit to ensure the security, authenticity etc. of the various data, documents and records maintained by the Council and disaster management of the data system. [Refer Note No. 17.11(b) of Notes to Financial Statements]

In our opinion considering nature of activities, size of operation and organisational structure of the entity, except for the possible effects of the material weaknesses described above on the achievement of the objectives of the control criteria, the Council has maintained, in all material respects, adequate internal financial controls over financial reporting and such internal financial controls over financial reporting were operating effectively as of March 31, 2017, based on the internal control over financial reporting criteria established by the Council considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.

We have considered the material weaknesses identified and reported above in determining the nature, timing, and extent of audit tests applied in our audit of the March 31, 2017 financial statements of the Council, and these material weaknesses do not affect our opinion on the financial statements of the Council.

(g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors) Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us:

i. The Council has disclosed the impact of pending litigations on its financial position in its financial statements - Refer Note 17.3 to the financial statements;

ii. The Council did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses;

iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Council;

iv. The Council has provided requisite disclosures in the financial statements as to holding as well as dealings in Specified Bank Notes during the period from 8th November, 2016 to 30th December, 2016, on the basis of information available with the Council. Based on audit procedures, and relying upon Committee of Administration’s representation, we report that disclosures are in accordance with the books of accounts maintained by the Council and as produced to us by the Committee of Administration. Refer Note- 9 to the Financial Statements

2. As the Council is registered under section 8 of the Act, the clauses under the Companies (Auditor’s Report) Order, 2016 (“the Order”) are not applicable.

For LODHA & COMPANY CHARTERED ACCOUNTANTS (ICAI Firm Registration No: 301051E)

(R. P. BARADIYA) PARTNER Membership No: 44101

Place: Mumbai Date : 18th August, 2017


80

BASIC CHEMICALS, COSMETICS AND DYES EXPORT PROMOTION COUNCIL (Formerly known as Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council)

(LIMITED BY GUARANTEE) CIN NO. - U91110MH1963NPL012677

BALANCE SHEET AS AT 31ST MARCH, 2017

(Amount in `)

Particulars Note No.

As at 31st March, 2017


I. CORPUS/CAPITAL FUND AND LIABILITIES

Corpus/Capital Fund:(a) Reserves and surplus 2 175,146,120 148,902,969

Current liabilities:(a) Trade payables 21,464,232 4,588,113 (b) Other current liabilities 3 68,826,601 111,436,992 (c) Short-term provisions 4 21,019,041 18,665,022

Total 286,455,994 283,593,096

II. ASSETSNon-current assets:(a) Fixed assets 5

(i) Tangible assets 8,849,344 8,662,040 (ii) Intangible assets - 33,178

(b) Long-term loans and advances 6 73,318,067 51,276,521 (c) Other non-current assets 7 941,200 4,068,404

Current assets:(a) Trade receivables 8 6,558,696 2,291,784 (b) Cash and bank equivalents 9 112,042,185 145,987,877 (c) Short-term loans and advances 10 73,719,481 63,877,139 (d) Other current assets 11 11,027,021 7,396,153

Total 286,455,994 283,593,096 Significant Accounting Policies and Notes to Financial Statements

1 to 17

Notes annexed form an integral part of Financial Statements

As per our attached report of even date

For LODHA & COMPANY CHARTERED ACCOUNTANTS

(R.P. BARADIYA) PARTNER

(SATISH W. WAGH)CHAIRMAN

(AJAY K. KADAKIA) VICE- CHAIRMAN

(S.G.BHARADI) EXECUTIVE DIRECTOR

Place : Mumbai Date : 18th August, 2017


81

Notes annexed form an integral part of Financial Statements

As per our attached report of even date

For LODHA & COMPANY CHARTERED ACCOUNTANTS

(R.P. BARADIYA) PARTNER

(SATISH W. WAGH)CHAIRMAN






STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH, 2017

(Amount in `)

ParticularsNote No.

For the Year Ended 31st March, 2017

For the Year Ended 31st March, 2016

Income From Code Activities 12 227,598,343 186,725,131

Other income 13 10,028,479 6,682,360

(A) Total Revenue 237,626,822 193,407,491

Expenses:

Expenses on Code Activities 14 164,561,771 121,444,884

Establishment expense 15 41,504,373 34,975,874

Depreciation and amortization expense 5 888,174 808,755

Other expenses 16 13,407,668 11,370,214

(B) Total Expenses 220,361,986 168,599,727

(C) Transferred to Chemexcil Building Fund - 20,000,000

(D) Surplus before tax (A-B-C) 17,264,836 4,807,764

(E) Surplus after tax 17,264,836 4,807,764

Significant Accounting Policies and Notes to Financial Statements

1 to 17


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Note 2: Reserves & surplus (Amount in `)

ParticularsAs at

31st March, 2017As at

31st March, 2016

Earmarked Funds-Chemexcil Building Fund

Opening Balance 101,293,051 74,845,861

(+) Interest on Fixed Deposits against Earmarked Funds 8,025,815 6,447,190

(+) Transferred from surplus - 20,000,000

Closing Balance 109,318,866 101,293,051

General Reserve

Opening Balance 29,569,471 28,677,971

(+) Entrance Fees received from new members 952,500 891,500

Closing Balance 30,521,971 29,569,471

Surplus

Opening balance 18,040,447 13,232,683

(+) Surplus for the year 17,264,836 4,807,764

Closing Balance 35,305,283 18,040,447

Grand Total 175,146,120 148,902,969



NOTES FORMING PART OF FINANCIAL STATEMENTS


83




Note 3: Other current liabilities (Amount in `)

ParticularsAs at


31st March, 2016

Members’ Advance towards Projects/Activities 46,532,121 61,502,819

Membership Subscription received in Advance 310,001 230,913

Statutory dues payable 538,058 114,218

Amount due to Members/Government (refer note no. 17.6 of notes to financial statements)

18,915,601 33,206,555

Grants Received for subsequent year’s exhibitions - 14,000,000

Rent payable/stale cheques [refer note no. 17.2 (a)] 2,530,820 2,382,487

Total 68,826,601 111,436,992

Note 4: Short-term provisions

ParticularsAs at


31st March, 2016

Provision for employee benefits:

Gratuity 4,808,028 1,801,911

Leave Entitlement 16,211,013 16,863,112

Total 21,019,041 18,665,023


84

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86

Note 6: Long-term loans and advances (Amount in `)

Particulars As at 31st March, 2017


(Unsecured, considered good)

Security Deposits 134,022 134,022

Capital Advance 261,337 -

Advances to be recovered from employees 30,914 44,108

Fixed Deposit with HDFC LTD with original maturity of more than 12 months*

60,188,640

43,000,000

TDS Receivable 12,703,154 8,098,391

Total 73,318,067 51,276,521

* Fixed Deposit against earmarked funds of ` 60,188,640 (P.Y. ` 43,000,000)

Note 7: Other non-current assets



Other

Interest Accrued but not due on fixed deposits with original maturity of more than 12 months*

941,201

4,068,404

Total 941,201 4,068,404

* Interest accrued on Fixed Deposit against earmarked fund ` 941,201 (P.Y. ` 4,068,404)

Note 8:Trade receivables



(Unsecured)

Outstanding for a period exceeding six months from the date they are due for payment

- -

Others, Considered good 6,558,696 2,291,784

Total 6,558,696 2,291,784





87

Note 9: Cash and Bank Equivalents (Amount in `)



Balances with Banks:in Current Accounts 18,733,701 13,480,731 in Fixed Deposits 93,246,393 132,449,047 Stamp in Hand 41,392 35,936 Cash in Hand 20,699 22,163

Total 112,042,185 145,987,877 Details of Specified Bank Notes (SBN) and Other Denomination Notes as required by the MCA notification G.S.R.308(E) dated 31st March, 2017.

Particulars SBNsOther

Denomination notes

Total

Opening cash in hand on 08th November, 2016 - 31,499 31,499 Permitted receipts - 13,169 13,169 Permitted payments - 20,057 20,057 Amount deposited in Banks - 13,169 13,169 Closing cash in hand on 30th December, 2016 - 11,442 11,442

Note 10: Short-term loans and advances



(Unsecured, considered good)Loan to staff 175,000 262,500 Advances For Exhibition 34,838,625 35,187,860 Fixed Deposit with HDFC LTD* 98,188,640 70,600,000 Less: Fixed Deposits with original maturity of more than 12 months Transferred to Long Term Loans & Advances

(60,188,640)

(43,000,000)

Prepaid Expenses 705,856 826,779 Total 73,719,481 63,877,139

* Fixed Deposit against earmarked funds of ` 38,000,000 ( P.Y. ` 27,600,000)

Note 11: Other current assets (Amount in `)

ParticularsFor the Year Ended

31st March, 2017For the Year Ended

31st March, 2016(Unsecured, considered good)Interest Accrued but not due on fixed deposits* 9,161,451 7,396,153 Other Current Assets 1,865,570 -

Total 11,027,021 7,396,153 * Interest accrued on Fixed Deposit against earmarked fund ` 7,539,788 (P.Y. ` 5,155,991)





88

Note 12: Income From Code Activities (Amount in `)



31st March, 2016Contribution from Members for Council specific activities:a. Participation charges for Exhibitions/Trade

Fairs/Functions outside India

106,031,486

90,655,900 b. Participation charges for Exhibitions in India 10,926,023 2,474,370 c. Participation charges for Buyer-Seller Meets to

Abroad

3,155,000

440,000 d. Participation fees for REACH late/pre-

registration/ELINC/AMC of products

-

455,468 e. Processing Fees for reimbursement of

REACH ECHA/ MDA/ MAI Grant

5,590,626

211,300 f. Participation Fees for Seminars 191,029 132,710 Grants ( Central Government):a. Grant received under MDA (Market Development

Assistance) - Code Activities (Net)

10,178,030

9,746,995 b. Grant received under MAI (Market Access

Initiatives) (Net of Refund):i) MAI Received:For F.Y. 2015-2016 (Previous year for 2014-2015) 3,528,609 7,844,352 For F.Y. 2016-2017 (Previous year for 2015-2016) 54,319,948 42,098,469

Annual Subscription Fees 33,636,500 32,636,000 Other operating income 41,092 29,567

Total 227,598,343 186,725,131

Note 13: Other income



31st March, 2016Interest Incomea.) On Fixed Deposits 16,796,763 12,957,922 Less: Transferred to Earmarked Fund (8,025,815) (6,447,190)b.) On Income Tax Refund 260,070 - Less: Interest on Government Grant (284,946) Income Tax Refund Received 926,763 - Liabilities no longer required written back 355,644 100,648 Miscellaneous Income - 70,980

Total 10,028,479 6,682,360





89

Note 14: Expenses on Code Activities (Amount in `)



31st March, 2016

Expenses on exhibitions/trade fairs outside India 118,494,117 112,227,030

Expenses on exhibitions in India 34,838,988 4,034,755

Expenses on Buyer-Seller Meet abroad 6,511,522 472,747

Export promotion seminar and meeting 1,677,466 502,321

Export Award Expenses 3,039,678 4,208,031

Total 164,561,771 121,444,884

Note 15: Establishment expense



31st March, 2016

Pay and Allowance 26,768,637 23,976,907

Outsourced Personnel Expenses 3,927,433 2,431,652

Ex-gratia 1,240,000 1,060,000

Contribution to Provident Fund 2,688,538 2,329,250

Contribution to Labour Welfare Fund 1,008 1,080

Staff Welfare Expenses 373,741 315,432

Gratuity 4,808,027 1,801,911

Leave Travel Concession 95,382 120,910

Liveries 8,150 54,474

Leave Entitlement 1,102,923 2,321,192

Medical Benefits 490,534 563,066

Total 41,504,373 34,975,874





90

Note 16: Other expenses (Amount in `)



31st March, 2016

Rent 620,850 619,003

Repairs To Buildings 221,161 262,840

Other Repairs 727,515 515,958

Electricity 764,516 711,751

Insurance 675,670 745,907

Rates And Taxes 102,543 102,190

Telephone & Communication 1,221,784 1,169,941

Website Expenses 457,249 425,900 Travelling & Conveyance 1,416,290 878,244 Legal & Professional Charges 2,693,916 1,363,165 Auditors' Remuneration* 377,382 312,790 Printing, Stationery and Books & Periodicals 1,390,243 1,405,031 Advertisement 862,355 897,979 Regional Offices Expenses (Refer Note No.17.16) 923,997 971,510 Miscellaneous Expenses 952,197 988,005

Total 13,407,668 11,370,214

*Auditors' Remuneration



31st March, 2016 Audit Fees 250,000 190,000 Certification fees 100,000 90,000 Out of Pocket Expenses 27,382 32,790 (Including Service Tax)

Total 377,382 312,790





91




1. Significant Accounting Policies:

1.1 Council’s Information:

The Council is registered under Section 8 of the Companies Act, 2013 with the objective of promoting export activities in specified industries such as organic and inorganic chemicals, dyes, cosmetics and other allied products.

1.2 General:

a) The financial statements are prepared on the basis of historical cost convention, in accordance with applicable accounting standards and on the principle of a going concern.

b) All income and expenses to the extent considered receivable and payable, respectively with reasonable certainty are accounted for on accrual basis.

c) Membership subscription which remains unpaid as at the close of the year is not accounted for except the amount actually received out of such unpaid subscriptions approximately one month prior to the approval of the financial statements by the Committee of Administration.

d) Entrance Fees receipts are credited to General Reserve.

e) Library books are charged to Income & Expenditure Account in the year of purchase.

1.3 Use of Estimates:

The preparation of financial statements is in conformity with Generally Accepted Accounting Principles (GAAP). It requires Committee of Administration to make estimates and assumptions that affects the reported amounts of assets and liabilities and the disclosure of contingent liabilities on the date of financial statements and reported amounts of revenue and expenses for that year. Actual results could differ from these estimates. Any revision to accounting estimates is recognized prospectively.

1.4 Fixed Assets (Tangible and Intangible):

Fixed Assets are stated at cost of acquisition less accumulated depreciation/amortisation without any adjustment for Government Grant received, if any, for their purchase.

1.5 Depreciation/Amortisation and Impairment:

a) Depreciation on Fixed Assets is provided on written down value method at the useful life specified in Schedule II to the Companies Act, 2013 (hereinafter referred to as the ‘Act’).

b) Impairment of Assets:

i. The Council assesses the carrying amount of assets at each Balance Sheet date to determine whether there is any indication of impairment. If such indication exists, the Council estimates the recoverable amount of the assets. The recoverable amount


92

is estimated as the higher of the net realizable value and the value in use with an impairment loss being recognized whenever the carrying amount exceeds the recoverable amount.

ii. A previously recognized impairment loss on assets is reversed if there has been a change in the estimates used to determine the recoverable amount, however not to the extent higher than the carrying amount that would have been determined had no impairment loss been recognized in prior years.

1.6 Investments:

Non-current Investments are stated at cost less provision made for permanent diminution in their carrying value.

1.7 Revenue Recognition:

a) Contribution from Members:

Contributions receivable from Members for participation in Exhibition, Delegation, Seminar, Pre-Registration, Late Pre-Registration and Annual Maintenance Fees are recognized as income as and when the respective activities are completed and/or on receipt basis in view of uncertainty. The cost of Publications of the Council is charged to Statement of Income and Expenditure in the year of incurrence of such expenses and the income in respect of the same is taken into account as and when their sale is affected.

b) Government Grants:

Grants from Government are credited to Income and Expenditure Account on receipt basis as it is not possible to ascertain, the quantum of Grant due & receivable from/refundable to the Ministry of Commerce and Industry with reasonable certainty/accuracy.

1.8 Transaction in Foreign Currency:

Transactions in foreign currency are recorded at the rate of exchange in force at the time of occurrence of the transaction.

Monetary - Current assets and current liabilities in foreign currency at the year-end are stated at the rate of exchange in force as on that date and the resultant gain / (loss) is recognized in the Income and Expenditure Account.

1.9 Employee Benefits:

a) Contribution for Provident Fund (based on a certain percentage of salary) is funded into an approved Trust.

b) Gratuity is charged to Income and Expenditure Account on the basis of actuarial valuation as at the year end and funded into an approved Trust.

c) Leave Entitlement Benefits are provided for on the basis of actuarial valuation as at the year end.

1.10 Provision and Contingent Liabilities:

a) Provisions are recognized for liabilities that can be measured only by using a substantial degree of estimation, if


93

a. The Council has a present obligation as a result of a past event;

b. A probable outflow of resources is expected to settle the obligation; and

c. The amount of the obligation can be reliably estimated.

b) Where some or all of the expenditure required to settle a provision is expected to be reimbursed by another party, such reimbursement is recognized to the extent of provision or contingent liability as the case may be, only when it is virtually certain that the reimbursement will be received.

c) Contingent liability, if material, is disclosed in the case of:

a. A present obligation arising from a past event, when it is not probable that an outflow of resources will be required to settle the obligation.

b. A possible obligation, unless the probability of outflow of resources is remote.


94

17. Notes to Financial Statements:

17.1 The Council (set-up by Ministry of Commerce & Industry, Govt. of India) has been registered as a Company under the provisions of the ‘Companies Act, 1956 (hereinafter called as the “Act”). By virtue of the license granted to the Council by the Central Government under Section 25 (now governed by section 8 of the Companies Act 2013) of the ‘Act’ the word “LIMITED” is not required to be suffixed to its name. Further, the Council is continuing to hold the registration certificate under Section 12AA of the Income Tax Act, 1961. Accordingly, no provision has been made in financial statements for the current financial year and in respect of earlier financial years.

17.2

a) The Council is occupying premises at Jhansi Castle (5th Floor), Mumbai since 1971 and is a statutory tenant. It has been sending cheques to landlord but the same has not yet been deposited by them. An amount of ` 2,530,820 (Previous Year `2,382,487) is lying in stale cheque account being rent payment for 107 months (Previous Year 95 months), included in Other Current Liabilities – Note No. 3 hereof.

b) The Council has decided to create sufficient funds for buying its own offices in Mumbai, Kolkata and Bangalore and accordingly ` NIL (previous year 20,000,000) transferred to Chemexcil Building Fund from Surplus.

17.3 a) Contingent Liabilities not provided for in respect of:

(Amount in `)Particulars 2016-2017 2015-2016

Service Tax demanded by Commissioner of Service Tax for the period from 2007-08 to 2009-10 in its Show-cause-cum-demand notice for which necessary reply has been filed by the Council.(Figures including interest)

43,190,019 38,517,341

b) Capital Commitment:

Estimated amount of contract remaining to be executed on capital account and not provided for (net of advances of ` 261,337) is ` 371,698.

17.4 The expenses in respect of code-activities are subject to sanction / confirmation of the Government of India and Grant-in-aid received from the Ministry of Commerce and Industry is subject to adjustments as may be necessary in view of any Government Audit observations, non/partial fulfillment of certain conditions, if any as may be observed by them for eligibility of such Grant-in-aid, clarifications by the Council and final decision of the Ministry. Such audit is pending for the year 2016-17.

BASIC CHEMICALS COSMETICS AND DYES EXPORT PROMOTION COUNCIL (Formerly known as Basic Chemicals, Pharmaceuticals and Cosmetics Export Promotion Council)




95

Interest payable to the government on unutilized grant received by the Council for the earlier years, which, at present, is not ascertainable and accordingly not provided as the Council is confident of getting the waiver of payment of such interest as and when demanded by the Government in terms of the conditions stipulated at the time of sanction.

17.5 The Council generally classifies its expenditure in accordance with the format given by Ministry of Commerce and Industry, Government of India.

17.6 Pursuant to the approval by the Ministry of Commerce and Industry for grant of Marketing Development Assistance (MDA) to individual exporters under certain eligible schemes, (the Council being a conduit) the amounts being disclosed as ‘Amount due to members/Government' under other Current Liabilities are as follows:

(Amount in `)Particulars 2016-2017 2015-2016

Opening Balance (MDA to Exporter/Government) 32,497,730 23,662,719Add: Grant received during the year 36,002,000 41,250,000Total available grant including balance of P.Y.(a) 68,499,730 64,912,719Less: Grant Reimbursed to Members: For Current Year Claims 28,893,371 8,653,165For Previous Year Claims 27,569,435 16,305,583Total Reimbursement to Members during the year (b) 56,462,806 24,958,748Grant Refunded to Government (2015-2016) 708,999 3,187,840Grant Refunded to Government (2014-2015) - 4,268,401Grant Transferred to Code Activities 400,000 -Total Grant Refunded/Transferred (c) 1,108,999 7,456,241

(A) 10,927,925 32,497,730Amount refundable to Government

(B) 1,308,615 708,825Amount due to Members/ Government for Reach Grant

(C) 6,679,061 -TOTAL (A+B+C) 18,915,601 33,206,555

17.7 `1,291,500 (Previous Year `1,498,000) being the amount of membership subscription receivable as on 31st March, 2017 and which was received subsequently up to cut-off date 30th June, 2017 (Previous Year 30th June, 2016) has been included in the Receivables.

17.8 The Council pays certain fees to Directorate General of Commercial Intelligence & Statistics (DGCI & S) for obtaining import-export statistics of Council’s items to be supplied by them as and when asked for by the Council. An aggregate expensed out balance of ` 6,960 (Previous year ` 115,378) as at the year end is still lying with them which would be utilized in due course of time.


96

17.9 Disclosure in accordance with section 22 of the Micro, Small and Medium Enterprises Development Act, 2006.

(Amount in `)Sr. No.

Particulars As at March 31st, 2017

As at March 31st, 2016

A Principal amount remaining unpaid - -B Interest paid in terms of section 16 - -C Interest due & payable for the period of delay in

payments- -

D Interest accrued & remaining unpaid - -E Interest due & payable even in succeeding years - -

The Council has compiled the above information based on the status submitted by the suppliers under the said Act.

17.10

a) The accounts of certain Receivables, Payables & Advances are subject to confirmation, reconciliation and adjustments, if any, having consequential impact on the surplus for the year, assets and liabilities, the amount whereof is presently not ascertainable. The Management, however, does not expect any material difference affecting the current year’s financial statements.

b) In the opinion of the Council, the assets other than Fixed Assets and non-current investments are approximately of the value stated, if realized in the ordinary course of business unless otherwise stated. The provision for depreciation and other known liabilities is adequate and not in excess of what is required.

17.11 a) Internal Audit System is still in the process of being strengthened in terms of scope and

extent of verification and various reconciliations.

b) Internal Control for financial Accounting/Reporting Activities is still in the process of being strengthened to be commensurate with the activities of the Council including that the Council will regularize its statutory compliances; to have the Information Systems Audit to ensure the security, authenticity etc. of the various data, documents and records maintained by the Council and disaster management of the data system and Internal Audit System as mentioned in para (a) above.

c) Physical verification of fixed assets at its registered office including its branches were carried out during the current financial year and no discrepancies were noticed.

d) The Management has not come across, noticed or reported during the year any instance of fraud on or by the Council.

17.12 Disclosure in Respect of Operating Leases:

a) The Council has taken various commercial premises under cancelable Operating Leases. The Lease Agreements are usually renewable by mutual consent on mutually agreeable terms.

b) The rental expenses in respect of Operating Leases are charged as rent under Note 16-Other expenses.


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17.13 Related Party Disclosures:

Disclosure as required by Accounting Standard (AS) – 18 “Related Party Disclosures” notified under the Companies (Accounting Standard) Rules, 2006 is given below:

A. Name of the related Parties, their relationships with Council and with whom transactions entered during the year:

i. Entities in which the Member of the Committee of Administration is interested:

M/s. VVF (India) Ltd.

M/s. Swastik Industries

M/s. Godavari Bio Refineries Ltd.

M/s. Dynamic Industries Ltd.

M/s. Excel Industries Ltd.

M/s. Godrej Industries Ltd.

M/s. Jayant Agro Organics Ltd.

M/s. Vivil Exports P. Ltd.

M/s. Jemby Chem Ltd.

M/s. Multi Organics P. Ltd.

M/s. Ayushakti Ayurved P. Ltd.

M/s. Kolorjet Chemicals Pvt. Ltd.

M/s. Aarti Industries Ltd.

ii. Key Management Personnel:

Mr. S. G. Bharadi - Executive Director

B. Details of transactions entered into during the year:

(Amount in `)

Nature of TransactionCompanies belonging to

Members of the committee of Administration*

Key Management Personnel*

Annual Membership Fees Received 365,027(294,379)

Participation fees for exhibition & BSM 1,588,865Abroad received (430,500)REACH Echa Processing fees received 5,191

(519,234)Export Award Receipts 154,204

(202,500)Managerial Remuneration 2,313,147- Mr. S. G. Bharadi (1,809,380)

* Figures in bracket relate to previous year


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C. The following are the Disclosure in respect of Material Related Party Transactions During the Year:

(Amount in `)

2016-2017 2015-2016

Sr. No.

Name of EntityAnnual

Membership fees

Participation fee for

Exhibition

REACH Echa Processing

Fees

Export Award

Receipts

Annual Membership

fees

Participation fee for

Exhibition

REACH Echa Processing

Fees

Export Award

Receipts

1 M/s. VVF (India) Ltd. 33,778 - - - 33,146 - 519,234 -

2 M/s. Swastik Industries 7,443 - - - 7,303 - - -

3 M/s. Godavari Bio Refineries Ltd. 33,925 290,000 - - 33,146 - - 25,000

4 M/s. Dynamic Industries Ltd. 44,083 - - - 33,146 - - -

5 M/s. Excel Industries Ltd. 44,275 - - - 43,258 423,000 - -

6 M/s. Godrej Industries Ltd. 33,778 - - - 33,146 - - 32,500

7 M/s. Jayant Agro Organics Ltd. 33,778 68,165 - 112,079 33,146 7,500 - 145,000

8 M/s. Vivil Exports P. Ltd. 10,305 - - - 10,112 - - -

9 M/s. Jembychem Ltd. 17,748 - - - 17,415 - - -

10 M/s. Multi Organics P Ltd. 33,778 - 5,191 - 33,146 - - -

11 M/s. Ayushakti Ayurved P. Ltd. 17,748 - - - 7,303 - - -

12 M/s. Kolorjet Chemicals P. Ltd. 10,305 130,000 - - 10,112 - - -

13 M/s. Aarti Industries Ltd. 44,083 1,100,700 - 42,125 - - - -

Total 365,027 1,588,865 5,191 154,204 294,379 430,500 519,234 202,500

i) Related party relationships have been identified by the Management and relied upon by the Auditors.

ii) No amount in respect of related parties have been written off / back or provided as doubtful.

17.14 Expenditure in Foreign Currency (On Payment Basis):

(Amount in `)

Particular 2016-2017 2015-2016

Exhibitions / Fairs Abroad 110,630,271 124,633,211

Buyer Seller Meet Expenses 5,447,149 NIL

Total 116,077,420 124,633,211

17.15 Income in Foreign Currency (On Receipt Basis):

(Amount in `)

Particular 2016-2017 2015-2016

Exhibitions / Fairs Abroad 15,673,441 10,930,575


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17.16Statement showing the breakup of expenses incurred by the Regional Offices (Excluding Gratuity & Compensatory Absences):

(Amount in `)

Branch Banglore Kolkatta Delhi Ahmedabad

Sr. No.

Head Of Expenditure 2016 2017 2015-2016 2016-2017 2015-2016 2016-2017 2015-2016 2016-2017 2015-2016

1 PAY & ALLOWANCE 1,189,095 1,072,038 677,896 1,202,127 1,555,607 901,196 2,392,242 1,827,702

2 MEDICAL EXPENSES 30,000 30,000 14,949 30,000 43,206 43,501 26,659 32,197

3 EX GRATIA 50,000 50,000 25,000 50,000 100,000 75,000 100,000 100,000

4 STAFF WELFARE 9,748 12,418 7,746 7,335 21,491 26,536 19,124 20,212

5 RENT 176,256 176,256 156,461 154,615 - - - -

6 PRINTING & STATIONERY 10,883 18,110 7,892 3,671 17,436 32,342 43,473 28,848

7 POSTAGE 10,030 13,380 15,996 11,617 8,431 7,434 26,645 22,123

8 TELEPHONE & FAX 56,181 64,413 15,029 16,669 83,513 74,428 101,447 99,137

9 TRAVELLING EXPENSES 14,870 26,377 10,292 7,116 155,027 172,903 91,099 97,507

10 REPAIRS & MAINTENANCE 1,699 750 810 26,386 52,676 65,164 116,071 41,737

11 MISC EXPENSES 19,915 24,884 38,934 57,773 99,791 93,341 94,685 99,437

12 CONSULTANT FEE 80,000 - 460,166 - 930,000 - - -

TOTAL 1,648,677 1,488,626 1,431,171 1,567,309 3,067,178 1,491,845 3,011,445 2,368,900

17.17 Employee Benefit-Gratuity:

In terms of the Council’s gratuity plan, on leaving of service every employee who has rendered continuous service of not less than 5 years but less than 10 year shall get gratuity at the rate of 15 days total salary as per the Payment of Gratuity Act, 1972 (as amended from time to time) and those employees on leaving of service after rendering continuous service of not less than 10 years shall pay gratuity at the rate of one month’s salary based on the rate salary drawn by the employee concern. The Gratuity Scheme of the Council is funded in Government Securities, SBI Special Deposit Scheme and other Bonds. The Disclosure is based on Actuarial Valuation details provided by M/S K. A. PANDIT (Consultants & Actuaries).

DescriptionGratuity

2016-2017 2015-2016Summary of Staff Date Average Age 46.71 Years 47.36 yearsActuarial Assumptions:Discount Rate 7.51% 7.81%Future Salary Increase 5.00% 5.00%Attrition Rate 2.00% 2.00%Retirement Age 60 Years 60 YearsAverage past service 20.44 Years 21.31 YearsAverage Future Service 11 Years 11 YearsVesting Period (For retirement & resignation) 5 Years 5 YearsActuarial Value of Liability ` 22,795,360 ` 22,193,111Investment in Government Securities and Other Deposits by the Approved Fund (Including the accrued income thereon)

`15,786,513 `20,412,934

Net Liability Provided as expense in statement of Income & Expenditure `4,808,027 `1,801,911

Notes:

A. Defined Contribution Plan:

I. Employer’s Contribution amounting to `2,688,538 (Previous Year ` 2,329,250) has been included in Note No. 15 under Contribution to Provident Fund.


100

B. Defined Benefit Plan:

I. Gratuity cost amounting to `4,808,027 (Previous Year ` 1,801,911) has been included in Note No. 15 under Gratuity.

17.18 Being a small and medium enterprise, the Council is not required to and has not disclosed information such as Cash Flow Statement and Segment Reporting.

17.19 Previous year’s figures have been regrouped/ rearranged, wherever considered necessary.

17.20 All the amounts in Note No. 17 above and financial statements are in Rupees, unless otherwise stated.

Signatures to ‘Note 1 to 17’

(SATISH W. WAGH) CHAIRMAN





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SHRI SATISH W. WAGHChairman

(from 30.01.2017), Vice Chairman

(upto 30.01.2017) & Member Chemical Panel

DR. B.R.GAIKWADChairman

& Member Cosmetics Panel

(Up to 30.01.2017)

SHRI S.G. MOKASHIAddl. Vice Chairman

& Member Chemical Panel (General Category)

SHRI AJAY K. KADAKIAMember-ME Panel

SHRI HARIN D. MAMLATDARNA

Member – Dyes Panel

SHRI ASHWIN SHROFFMember- Chemical Panel

SHRI NITIN S. NABARChairman-Cosmetics Panel

(General Category)

MEMBERS OF THE COMMITTEE OF ADMINISTRATION FROM 01/04/2016 TO _31-03-2017


102

SHRI ABHAY V. UDESHIMember-Castor Oil Panel

SHRI BHUPENDRA PATELMember-Dyes Panel

SHRI BHARAT MEHTAMember- ME Panel

DR. SMITA NARAMMember- Cosmetics Panel

DR. DEEPAK BIREWARMember- Dyes Panel

SHRI S.G. BHARADIExecutive Director


103

STAFF STRENGTH OF THE COUNCIL AS ON 31ST MARCH 2017 AT MUMBAI & OTHER REGIONAL OFFICES

Mr. S. G. Bharadi Executive Director

Mr. Prafulla Walhe Deputy Director

Mr. Deepak Gupta Deputy Director

Mr. M. R. Sawant Assistant Director

Mr. K. S. Gopalakrishnan Assistant Director (Up to 31st January, 2017)

Mrs. S. S. Jadhav Assistant Director

Mr. A. T. Nagrare Assistant Director

Mr. S. N. Mhatre Section Officer (Up to 31st October, 2016)

Ms. Shalaka Wakankar Section Officer

Ms. Amrita Sharma Section Officer

Mr. S.J. Balani Section Officer

Mr. S.R. Mhatre Section Officer

Mrs. J.E. Lawrence Section Officer

Other Staff 15

REGIONAL OFFICES :

NEW DELHI

Dr. J. P. Tiwari Regional DirectorOther Staff 4

AHMEDABAD

Mrs. Vaishali Zinjuwadia Assistant DirectorOther Staff 3

KOLKATA

Mr. V. Subramanian (Up to 31st May, 2017)Mr. Soumen Guha (From 2nd February, 2017) Regional OfficerOther Staff 1

BANGALORE

Mr. K.E.Suresh Kumar (Upto 31st January, 2017) Mr. Vicky Moolchandani (From 2nd February, 2017) Regional OfficerOther Staff 1


104

Inaugration of the India Pavillion at China Interdye 2016 Exhibition with the hands of H.E. Shri Prakash Gupta, Hon’ble Consul General of India, Shangai, along with Dr. B. R. Gaikwad, Chairman, CHEMEXCIL, and Shri S. G. Bharadi, Executive Director, CHEMEXCIL.

Gathering China Interdye 2016 Exhibition.

EVENTS PHOTO GALLERY


105

Sitting from Left Mr. Satish Wagh, Vice - Chairman, Chemexcil, Dr. B. R. Gaikwad, Chairman Chemexcil, Mr. S.K. Ranjan, Dy. Secretary, EP (CAP) Department of Commerce, Govt. of India, Mr. Pradip Thakkar, Chairman, Plexconcil, Mr. S.G. Bharadi, Executive Director, Chemexcil during CAPINDIA 2017 interactive meeting with allied associations”

Ribbon Cutting By Dy. High Commissioner Mr. Robert Shetkintong, High Commission of India Tanzania Along with Dr. B.R. Gaikwad Chairman, Chemexcil and Shri. S.G. Bharadi Executive Director, Chemexcil on 28th July-2016 at Indian Chemical and Cosmetics Exhibition Held in Dar Es Salaam, Tanzania on 28-29th July, 2016.


106

Key Note address by Dr. Ramesh Chandra, High Commissioner of India, Uganda during inaugural of Buyer Seller Meet at Uganda on 1st August 2016.

Mr. Deepak Gupta Dy. Director Chemexcil with a Stall Holder at Agri Business Global Trade Summit from 17th - 19th August, 2016 at Oralando, USA


107

Mr. Prafulla walhe Dy. Director Chemexcil along with Vietnam VIP’s and UBM Organiser at Chemexcil stall at Vietnam Beauty 2016.

Dr. Adarsh Swaika- Dy High Commissioner, High Commission of India, Dhaka and Shri Shishir Kothari- First Secy (Com) at Chemexcil Stall in 25th Dye + Chem Bangladesh 2016 International Expo held on 31st August – 3rd September, 2016 at Dhaka, Bangladesh.


108

From Left Mr. Jitendra Rawat, Counsel, Consulate General of India, Sao Paulo, Brazil, Dr. B.R. Gaikwad, Chairman Chemexcil, Mrs. Abhilasha Joshi, Consulate General, Consulate General of India, Sao Paulo, Brazil, Mr. S.G. Bharadi, Executive Director Chemexcil, Mr. Prafulla Walhe, Dy. Director, Chemexcil at Buyer Seller Meet on 17th October, 2016 in Brazil.

H. E. Mr. Sanjiv Ranjan, Ambassador Embassy of India, Buenos Aires, Argentina along with Dr. B.R. Gaikwad, Chairman, Chemexcil and Mr. Ignacio Dos Reis, CAPQ, (Cámara Argentina de ProductosQuímicos), Mr. S.G. Bharadi, Executive Director Chemexcil is inaugurating Indian Chemical and Cosmetics Exhibition on 19th October-2016 at Hotel Sheraton Buenos Aires & Convention Center, (San Telmo-Exhibition Hall)


109

Inauguration of CHEMEXCIL Buyers - Sellers Meet at Singapore on 23rd February 2017 by Dr. Pradyumn Tripathi, First Secretary (Commerce), High Commission of India, Singapore.

From Left Mr. S.G. Bharadi Executive Director Chemexcil, Shri. Sunil Kumar, IAS, Joint Secretary EP (CAP), Dr. B.R. Gaikwad, Chairman, Chemexcil, Shri. Sunil Ranjan, Dy. Sec., EP (CAP), Shri Vijay Shanker Pandey US-EP(CAP), Ministry of Commerce and Industry, Govt. of India at the CHEMEXCIL Mobile App launch at Hotel Le Meridian, New Delhi.


110

GLIMPESES OF CHINA INTERDYE-2016


111

GLIMPESES OF CHEMSPEC EUROPE-2016


112

GLIMPESES OF CAPINDIA 2017


113

GLIMPESES OF Export Award


114

GLIMPESES OF VARIOUS SEMINARS


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LIST OF AWARDEES 2015-16

Life Time Achievement Award (2)Sr. No.

Name of the Person Name of the Company

1 Shri Shankerbhai R Patel Ami Phthalo Pigments, Ahmedabad

2 Shri Ashok Manilal Kadakia Emmessar Biotech & Nutrition Ltd

Trishul Award (8)Sr. No.

Name of The Company Category Panel

1 Ambuja Intermediates Pvt. Ltd. Mumbai LSM Dyes & Dye Intermediates

2 IHSEDU Agrochem Pvt. Ltd. Mumbai LSM Castor Oil & Speciality Chemicals

3 Reliance Industries Ltd. Navi Mumbai LSM Chemical

4 VVF (India) Limited, Mumbai LSM Cosmetics & Toiletries

5 Asahi Songwon Colors Ltd. Ahmedabad SSM Dyes & Dye Intermediates

6 Gandhar Oil Refinery (India) Ltd. Mumbai SSM Chemical

7 Norex Flavours Pvt.Ltd. Mandi, Dhanaura SSM Cosmetics & Toiletries

8 Prakash Chemicals International Pvt Ltd. Ahmedabad

Merchant Exporter

Gold Award (8)Sr. No.

Name Of The Company Category Panel

1 Bodal Chemicals Ltd. Ahmedabad LSM Dyes & Dye Intermediates

2 Upl Ltd. Mumbai LSM Chemical

3 Galaxy Surfactants Ltd. Mumbai LSM Castor Oil & Speciality Chemicals

4 Aquapharm Chemicals Pvt. Ltd. Ahmedabad SSM Chemical

5 Attar Mohamed Dawood & Company.Kannauj SSM Cosmetics & Toiletries

6 Girnar Industries, Junagadh SSM Castor Oil & Speciality Chemicals

7 Saraf Dyechem Industries, Ahmedabad SSM Dyes & Dye Intermediates

8 Golcha Talc, Jaipur Merchant Exporter

First Award (6)Sr. No.


1 Meghmani Industires Ltd. Ahmedabad LSM Dyes & Dye Intermediates

2 P I Industries Ltd., Udaipur LSM Chemical

3 Chemspec Chemicals Pvt Ltd., Mumbai SSM Chemical

4 Arora Aromatics Pvt Ltd., Sambhal SSM Cosmetics & Toiletries

5 Bhageria Industries Ltd., Mumbai SSM Dyes & Dye Intermediates

6 Pon Pure Chemical India Private Limited, Chennai

Merchant Exporter


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Second Award (6)Sr. No.


1 Jaysynth Dyestuff (India) Ltd.,Mumbai LSM Dyes & Dye Intermediates 2 Jubilant Life Sciences Ltd. Noida LSM Chemical 3 Parijat Industries (India) Pvt. Ltd. New Delhi SSM Chemical 4 Cholayil Pvt Ltd, Chennai SSM Cosmetics & Toiletries 5 Val Organics Pvt.Ltd., Mumbai SSM Dyes & Dye Intermediates 6 Radika Exim, Jaipur - Merchant Exporter

Certificate of Merit (14)Sr. No.


1 Ganesh Polychem Ltd., Mumbai LSM Dyes & Dye Intermediates

2 Paramount Minerals & Chemicals Ltd.,Mumbai LSM Dyes & Dye Intermediates

3 Gharda Chemicals Ltd., Mumbai LSM Chemical

4 Srf Limited, Gurgaon LSM Chemical

5 Ultramarine & Pigments Ltd., Mumbai LSM Cosmetics & Toiletries

6 Sarna Chemicals Pvt Ltd.Vapi SSM Dyes & Dye Intermediates

7 GSP Crop Science Pvt. Ltd. Ahmedabad SSM Chemical

8 Akry Organics Pvt.Ltd.,Mumbai SSM Chemical

9 Hindustan Mint & Agro Products Pvt. Ltd., Chandausi

SSM Cosmetics & Toiletries

10 Vasu Healthcare Pvt. Ltd., Vadodara SSM Cosmetics & Toiletries

11 Macson Products, Surat SSM Dyes & Dye Intermediates

12 Pyary Products, Cochin SSM Cosmetics & Toiletries

13 R.A.Dyestuffs (India) Pvt. Ltd., Ahmedabad - Merchant Exporter

14 Solar Organics, Mumbai - Merchant Exporter

Award of Excellency (11)Sr. No.


1 Aarti Industries Ltd. Mumbai LSM Dyes & Dye Intermediates

2 Godrej Industries Ltd., Mumbai LSM Cosmetics & Toiletries

3 Jayant Agro-Organics Ltd., Mumbai LSM Castor Oil & Speciality Chemicals

4 Aksharchem (India) Ltd.Mehsana SSM Dyes & Dye Intermediates

5 Mallak Specialties Pvt. Ltd.Mumbai SSM Dyes & Dye Intermediates

6 Krishna Antioxidants Pvt. Ltd. Mumbai SSM Chemical

7 Indo Amines Ltd., Thane SSM Chemical

8 Herbochem Industries, Barabanki SSM Cosmetics & Toiletries

9 Green Chem, Bengaluru SSM Cosmetics & Toiletries

10 Subhasri Pigments Pvt. Ltd., Mumbai SSM Dyes & Dye Intermediates

11 Palvi Power Tech Sales Pvt.Ltd.,Vadodara - Merchant Exporter

CAPINDIA 2017 : Lightning of Lamp from left Mr. Satish Wagh, Chairman Chemexcil, Mr. Subhash Desai, Minister Industries, Mining Government of Maharashtra, Mr. Pradip Thakkar, Chairman Plexconcil, Mr. Ramesh K. Mittal Chairman Capexil, Smt. Rita Teaotia, IAS, Commerce Secretary, Ministry of Commerce and Industry, Dr. Sonia Sethi, DGFT, Mumbai Additional

CAPINDIA 2017 : From left Mr. Ramesh Mittal, Chairman Capexil, Dr. Sonia Sethi, IAS, Additional DGFT, Mumbai, Mr. Pradip Thakkar-Chairman-Plexconcil, Shri. Subhash Desai, Hon’ble Cabinet Minister of Industries & Mining, Government of Maharashtra, Smt. Rita Teaotia, IAS-Commerce Secretary, Department of Commerce, and Ministry of Commerce & Industry, Mr. Satish Wagh-Chairman-Chemexcil, Shri. Sunil Kumar, IAS Joint Secretary, EP (CAP) and Sumit Kumar Ghosh-Chairman - Shefexil.

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