Bp august 2013

SUBHAM REGENCY, HENGRABARI SUBHAM GREENS, LOKHRA SUBHAM ELITE, GANDHIBASTI

SUBHAM BUILDWELL, GS ROAD

ON GOING PROJECT

Time is changing. Earlier Assam and the Northeastern stateswere ‘Outreach’ for the investors. But, now, the North-Easthas grabbed the attention of the investors. The (positive) effectis clearly visible in the economic scenario of these states.From Tourism, Handloom & Handicraft, Food processingetc. to IT, MSME sector the NE has great potentiality to climbin the ladder of development. Considering this more and moreinvestors are coming and what the most important fact is thatthe employability field has increased to a great extent. Greatnumbers of youth got absorbed in various industries which isa very good sign in this conflict ridden region. The Centraland State government introduced various schemes to promoteIndustrialization and trade & commerce. Lots of localentrepreneurs are also emerging. On the other hand, It is theduty of the government and the people of North East to createan investment-friendly environment. Extremist activities alongwith sudden bandh culture, Strikes would definitely discouragethe investors and the Entrepreneurs.

BUSINESS POSITIVE, it is our little Endeavour topromote all the positive aspects of the economic activitiesof this Region. If not, at least we would try to be a platformor bridge among the business world, the government andthe common people. We would try our best to encourageand promote the emerging entrepreneurs of this region. Hopewe would get response and co-operation from all the sectionsof our society.

Why Business Positive...

Editorial

Bureau Chief- Kalyan Gogoi � Chief Co-ordinator ( Delhi ): Arup Jyoti Gogoi � Co-ordinator (kolkata): Rudra PratapChoudhury � Special co-ordinator : Jasho Rabi (Shillong), Lithung Tungsha (Kohima), Madhurjya Saikia (Duliajan),Tanmoy Saikia(Mizuram), L.M.Sarkar(Agartala) � Finance and Planing : Dipayan Borah � Advisor : Pranjal Dutta

(Legal) � Design & Grapics : Nitul Kr. Dutta

Adress : Guwahati Office– Bhongagorh, Anil Nagar, by lane no2, House no-1, Pin-781003, Guwahati(Assam) �� Delhi Office– A-2, 2nd floor, Kalkaji, New Delhi- 11019

e-mail : [email protected] Mobile : 9954223870, 9508708837

Executive Editor: Madhujya Konwar Editor: Bikramaditya Dutta Kakoti

Tribute to a Real Achiever

– 1

APL gears up for integratedmethanol-acetic acid plant

– 2

OIL plans Rs 12,000 croreinvestment in the North-East

– 3

New Banks to Create HugeJob Opportunities

– 5

Assam has enormouspotential to draw investors :co-founder of infosys

– 7

Tea grower Gobin wins theheart of Canadians

– 8

NE industrial investmentpromotion policy will bereviewed

– 9

NEEPCO plans to add 6,000MW power by 2020

– 10

Journey to a new dawn– 13

Contents...

e was a real achiever. By dintof his hard work, dedication,intelligence and discipline, he roseto a position that everybodyadmired him. He had a great taste-taste of art and culture, taste oftruth and honesty, taste ofpatriotism and betterment ofsociety. He was one of the fewleaders who in true sense guidedthe state and its people to the pathof progress. He is none other thanHemendra Prasad Barooah, the teadoyen of the state. Barooah left forheavenly abode on 31st July inBankok leaving a huge vacuum inthe heart of the Assamese people.Actually the octogenarian went toBankok on 27th July along with hisniece for his Medical check-up. Hewas undergoing his treatment inBamrungrad international hospitalin Bankok. On 31st July after duemedical check-up and treatment hereturned from the hospital back toHoliday Inn, where he stayed. whenhe was taking his lunch, suddenlyhe felt uncomfortable and despitethe best efforts of the doctors of thehospital, Barooah breathed his lastaround 7.20 pm in Indian time.

Barooah was the son of

famous Shiva Prasad Barooah andKamal Kumari Barooah. FatherShiva Prasad Barooah was thepioneer in many field, he was thepublisher of Doinik Batori, the firstdaily newspaper in Assam. He wasalso a tea planter, he was among thefew first entrepreneurs of Assam.

Born on 1st April 1926,Hemendra Prasad Barooah passedhis childhood in Thengal Bhawan.He was a very meritorious student.He passed matriculation on 1942securing 6th position under CalcuttaUniversity. Appearing fromPresidency College he secured 16th

position in ISC and thancompleted his graduation inEnglish from Scottish Churchcollege, under CalcuttaUniversity with flying colours.He earned gold medal forsecuring position. He went toUS for higher education. In1949 he got MBA degree fromHavard University of US.Indeed, he was the first MBAof the North-East.

Than he returned back to hisnative land and took charge hisfather’s business. In a short spanof time, he proved himself as asuccessful entrepreneur. He notonly revived the dying tea estatesof his father, on 1962 he boughtGotonga, Samuguri andKamarbandha tea estate from thegiant Williamson Magor. Later onhe bought Lohpohiya, Gobinpur etc.

tea estates, he established SuperPackaging Pvt.Ltd in Jorhat andB&A packaging Industries inOrrisha. Proving himself as a teadoyen he earned the membershipof Indian Tea Board on 1963. It wasdue his effort that the Guwahati TeaAuction Centre was established on1970. Barooah was nominated asthe president of Indian TeaAssociation in 1992. He was theone and only Assamese whopresided twice in 100 years historyof ITA. He was a member ofAdvisory board of CentralIndustrial Development Council.

He held the post of lifetime MD ofB&A Associates. Besides he wasthe director of , B&A packagingPvt Ltd. and Assam tea BrokersPvt. Ltd.

Barooah was truely a man ofculture. Intimate friend of Dr.Bhupen Hazarika, Barooahproduced the Hindi movie Ek pal,directed by Kalpana Lajmi. Anavid lover of painting, he had

Tribute to a RealAchiever

Hemendra Prashad Barooah

H

1 BUSINESS POSITIVE August-2013

collected more than 600 paintingsincluding the art work of MFHussain. But what the mostimportant fact is that to encourageand promote local artists of thisregion, he too bought paintingsfrom them with heavy price.

In 1980 he establishedKamal Kumari foundation. Throughthis foundation, in a bid to promotescience, culture, literature,journalism etc. he initiated KamalKumari Barooah National Award(science, culture, literature), ShivaPrasad Barooah National Award(journalism) and Amit KumarBarooah Award (art & painting).The later award was dedicated tohis son, whom he lost forever in2007. In 2013, the central govt. hadendowed him with PadmashreeAward; in 2012 Assam AgricultureUniversity endowed him withhonorary Doctorate degree. TheCII, Guwahati chapter honouredhim with Visionary Business Leaderof Assam (2010). On the other handnoted journalist Wasbir Hussainwrote ‘Life & Times- story of anAssamese Tea Baron’ on his lifeand activities. Likewise anothercompilation of articles ‘SwapnaSandhan’ based on the life of thisvisionary entrepreneur waspublished on 2009 edited by famouslitterateur Arun Sharma.

Hemendra Prashad Barooah with hisMBA classmate Bob Preble (File Photo)

– Business Positive Bureau

The Bongaigaon Refinery of the Indian Oil Corporation Ltd has won theprestigious Oil & safety Award 2011-2012, instituted by the Oil Industry SafetyDirectorate, Ministry of Pertoleum & Nartural Gas.

Dr M Veerappa Moily, Union Minister for Petroleum & Natural Gas,handed over the award to A Saran, Executive Director, who was accompaniedby R K Sharma, GM(HSE) and MN Das, DGM (production) of theBongaigaon Refinery, at a function held at New Delhi recently. LakshmiPanabaka, Minister of State, Ministry of Petroleum and Natural Gas , RSButola ,Chairman, Indian Oil Corporation Limited , were also present on theoccasion.The Bongaigaon Refinery has been conferred the award under thecategory of Best Overall Safety Performance Refineries.

Bongaigaon RefineryBags Oil & Safety Award


Assam Petrochemicals Limited (APL), the only PSU in the state listed intheBombay Stock Exchange is going to produce 500 tonnes of methanoland 200 tonnes of acetic acid per day, with a capital outlay of Rs 1,028crore. The Namrup-based PSU, with a net worth of Rs 70 crore, signedfinancial agreements with 10 banks, the Oil India Limited and other equityholders for the new project. This is revealed by Mr Ratul Bordoloi, MD ofAssam Petrocamicals ltd here in guwahati. The PSU is Assam Petrochemicals is looking to acquire around 200 acre land to set up a newmanufacturing plant with an installed capacity to produce 100 tonnes ofsulphonated formaldehyde per day. Assam Petro-chemicals Ltd managingdirector Mr Ratul Bordoloi told PTI that “We will set up a formalin plant inthe state. For this, we are looking to acquire around 200 acres of land inthe next one year.”

He added that the company has already seen a land parcel in Goalparaand it is likely to take the possession within next one year. Mr Bordoloifurther said that “We will set up the formalin plant after we are done with theongoing methanol-acetic acid project. It will be after 2016. The unit isproposed to have an installed capacity to product 100 tonnes of formalinevery day.”

The product sulphonated formaldehyde is a chemical used as additivewith cement for bringing down the cement requirement for civil constructions.

PMC Consultancy has been engaged for setting up of the integratedPlant. The Project is scheduled to be completed in 2014.

Incorporated in 1971, Assam Petro-Chemicals was the first entity tomanufacture petrochemicals in India using natural gas as feedstock.

APL gears up for integratedmethanol-acetic acid plant


BUSINESS POSITIVE August-2013 2

OIL plans Rs 12,000 croreinvestment in the North-East

‘Oil India Limited(OIL) willinvest Rs 12,000-cr in theNorth-East by 2017 as the

public sector energy majorlooks to step up exploration

and development activities inthe region. During the 12th

Five Year Plan period OIL hasa capex plan of over Rs 19,000crore. Out of this, Rs 12000

crore, which is more than 63percent is for operations in

the north East region.’

—In an exclusive interview withBusiness Positive OIL Chairman andManaging director SK Srivastavainform this. He said- ‘In the currentyear we have a capex plan of Rs 3,581crore out of which Rs 1,982 isearmarked for the North Easternassets. So the major chunk ofexpenditure is kept for exploration anddevelopment activities in the NorthEastern region.’

According to him thecompany has over 150,000 sq km ofpetroleum Exploration licence, MiningLicence areas for its exploration and

Production activities. OIL has 65domestic E&P blocks and anInternational presence spanning USA,Venezuela, Gabon, Egypt, Nigeria,Libya and Yemen among othercountries. OIL along with ONGCVidesh Limited (OVL), has signeddefinitive agreements in Singapore on25th June 2013 with VideoconMauritius Energy Limited to acquire100% of shares in VideoconMozambique Rovuma 1 Limited, thecompany holding a 10% participatingInterest in the Rovuma area 1Offshore Block in Mozambique, forUS$2.475 Bn. The acquisition isexpected to be implemented via anewly incorporated special purposevehicle jointly owned by OIL & OVL.The acquisition is subject to theapprovals of the government ofMozambique and India, relevantregulatory approvals, pre emptionrights and other customary conditions.The transaction is expected to closein the 4th quarter of 2013.

Area 1 covers approximately2.6 million acres in thedeepwater RovumaBasin offshoreMozambique andrepresents the largestgas discovery offshoreEast Africa withestimated recoverableresources between 35and 65 TCF as peroperator’s estimates.Partners in area 1 includeAnadarko, operatoroperator of the project,ENH, Mitsui, BPRL and

PTTEP. Area 1 has the potential tobecome one of the world’s largestLNG producing hubs with First LNGexpected in 2018.

The Area 1 LNG project isstrategically located to competitivelysupply LNG to India, and OIL’s andOVL’s participation in the project willfacilitate access to the Growing Indiangas market which will supplement thecountries energy security endeavour.OIL and OVL will also devotesignificant financial and technicalresource to the development of theproject. This investment is expectedto farther enhance the strong businessand cultural links betweenMozambique and India.

The Investment provides anearly for OIL into one of the world’slargest natural gas assets. It willsignificantly enhance OIL’s reservebase improving the longer term growthprospects of the company. Thisequation is in line with our strategic2020-21 plan which has a strong focuson inorganic growth across the energy


value chain. It will also provide us withfirsthand experience of setting up andoperating a deep water natural gas fieldand LNG plant. While farther helpingand addressing the growing energyrequirement of our country. This is ahigh quality world class asset with oneof the largest discovered resourcebase, which combined with its locationadvantage makes this highly attractiveinvestment proposition for us.

Company had total income ofINR 9,948 Cr and PAT of INR3,589Cr in financial year 2013 andproduced 6.34 MMTOE of oil and gasin the corresponding period. OIL hasTotal 2P reserve of 916 MMBOE inIndia with a reserve replacement ratioof over 164% for domestic assets infinancial year 2013. Marketcapitalisation of the company was INR33,417cr as of 24th June 2013.Physical performanceDuring 2013 financial year� Crude oil production was 3.70MMT during FY 12, which is lowerby 4.71%.Crude oil sales was 3.663MMT as compared to financial year12 sales of 3.853 MMT.� The natural Gas production was2693 MMSCM as compared to 2633MMSCM during FY12. The sale ofnatural gas was 2080 MMSCM ascompared to 2093 MMSCM duringFY12.� LPG production was 46010 MT as

compared to 52002MT during FY12.During Q4 Financial Year13� Crude oil production was .872MMT as compared to 0.967 MMTduring Q4 FY12.Crude oil sales was0.880 MMT as compared to sales of0.970 MMT in Q4 FY12.� The natural gas production was647.703MMSCM as compared to639 MMSCM during Q4 FY12. Saleof natural gas was 511 MMSCM ascompared to 498 MMSCM during theQ4 FY 12.�The reason for shortfall in crude oilproduction during FY13 was due toenvironmental problems beyond thecontrol of company. Almost 290incidents of blockades, bandhs hadeffected the Company’s drilling andproductions operations.Financial performance� The gross income of the companyduring FY 2012-13 was Rs 11456.32

Crore as compared to Rs 11279.90Crore during FY 2011-12, an increaseof 1.56%. During FY 2012-13 thecompany has achieved PAT of Rs3589.34 Crore. PAT during FY 2011-12 was Rs 3446.92 Crore, hence ajump of 4.13%. This was mainly dueto higher Natural Gas sales.� During the FY 2012-13, thesubsidy sharing by the companytowards OMCs under recovery hasincreased by 7.35% to Rs. 7892.17Crore as compared to Rs7351.77Crore during FY2011-12. Thesubsidy sharing in the Q4 FY 2012-13 at Rs. 1849.72 was 35.63 lowerthan subsidy in Q4 FY2012-13.During FY the subsidy shared byUpstream Oil PSU was 37.26% oftotal under recovery of OMCs, whichhas adversely affected the profitabilityof the Upstream Oil PSU like asduring the period.� Due to lower International CrudeOil price the Gross realization of crudeoil for the Financial year 2012-13 wasUS$ 109.58/barrel last year. The netrealization during the FY 2012-13decreased by 10.43% to US $ 53.58/barrel as compared to US $59.82/barrel last year.Important Highlight� During 2012-13 there has been 7discoveries including heavy OIL strikein Rajasthan NELP block.� In Mijoram block(NEPL-VI) pre

The grossincome of the

company duringFY 2012-13 was

Rs 11456.32Crore as

compared to Rs11279.90 Crore

during FY 2011-12, an increase

of 1.56%.


drilling activities are in progress, 5locations have been released fordrilling. Drilling is expected tocommence in FY 2013-14.� In KG Basin block (NEPL-VI) predrilling activities are in progress, 7locations released for drilling.� In gulf of Manner (NELP-VIII)processing of acquired datacompleted. Data sent forInterpretation.�OIL acquired 20% stake in carrizo’sNiobrara Liquid shale assets in US andOIL’s share of production is just above400 Boe /d.� At Carabobo, Venezuela,Accelerated early Production from firstdevelopment well has started since 27December 2012. Current productionfrom three wells is 1800bopd and it isexpected to reach 90000bodp by theend of 2015.� In Gabon sakti Block where OIL isthe operator, 3 drilling locations werereleased.�Besides wind energy, OIL has alsomade a beginning in the field of Solarenergy with the commissioning of itssecond 100 kwp Solar Captive PowerPlant at tanot Village complex(TVC)of OILs operational area in Jaiselmer.The first 100kw solar plant is situatedat its operational area in Assam.Additionally, OIL has taken up a 5MW Solar Power Plant to becommissioned near Ramgarh,Jaisalmer, Rajasthan.� OIL jointly along with ONGCVidesh ltd signed definitiveagreements in Singapore on 25th June2013 with Videocon Mauritus EnergyLimited to acquire 100% shares inVideocon Mozambique Rovuma 1Limited, the company holding 10%participating interest in the RovumaArea Offshore block in Mozambiqueacquires interest in Giant gas field inOffshore Mozambique.


New Banks to CreateHuge Job Opportunities

The Reserve Bank of India’s decision to allow new players inthe banking sector would result into the improvement of

efficiency, increase in capital base to meet the credit needs ofthe economy and generate huge employment opportunities,

says a survey by industry chamber FICCI.

According to the survey whichdrew responses from existing banks,NBFCs, corporate and industrialhouses and other stakeholders, thesetting up of new banks isconsidered significant in view of thefact that only 35% of the country’spopulation has formal bank accountsas compared to an average of 41%in other developing countries.

88% of the respondent feelthat RBI’s condition for an applicantapplying for a license to set up atleast 25% branches in unbankedarea with a population lf less than9,999 will play a significant role inexpansion of banking services andhence help in increasing financialinclusion. Nearly 70% of India’spopulation lives in villages, it said,adding that a vast majority ofapproximately 6.5 lakh villagers donot have a single bank branch thusleaving a huge chunk of ruralpopulation in the hands of moneylenders. The total number ofbranches in India stood at 37,471and the total banking outlets invillages after taking into the accountof the branches, business

correspondents and other modeswas just 1,81,753( as on March,2012), it said.

The survey notes that they canbring it the new processes andtechnology and will play a significantrole in driving competition. First ofall, it will also encourage existingplayers to improve efficiency.Secondly new players with soundfinancial base will bring in muchneeded capital that is required tosupport the credit needs of theeconomy and they will generatehuge employment opportunities, itsaid.69% of the respondents felt thatcorporate or industrial housesshould be given licenses, while theremaining 31% felt that they shouldnot be allowed to operate as a bank.

Irrespective of the fact thatthe new banks will help inconsolidation of the bank sector,58% of the total respondents feltthat new banks should start afreshcompletely while only 42% of therespondents felt that new banksshould acquire existing smallerbanks and grow.



Every generation needs a new revolution

– THOMAS JEFFERSON

SUPPORT MYSCHOOL

CAMPAIGNREACHES

GUWAHATIhe Support My School

campaign, an initiative to build happy,healthy and active schools for studentsin rural and semi-urban areas, reachedits target of revitalizing 8 schools inGuwahati, marked with the dedicationof the Government L.P. School inMarkang. The school has beenprovided facilities such as access tosafe drinking water and separate toiletsfor boys and girls under the campaign.The Support My School campaignrecently commemorated completion of200 schools touching the lives of over80,000 students.

Coca-Cola and along withSupport My School campaignpartners will invest nearly Rs 70lakhs for revitalization of sixteenschools in Assam. The GovernmentL.P. School, Markang has beenrevitalized with contributions made bycampaign partner World Vision. Theschool was dedicated to the childrenand the community by Mr. DeepakJolly, Vice President, Public Affairs andCommunications, Coca-Cola Indiaand South West Asia along with ChiefGuest Mr. Akon Bora, Minister ofSocial Welfare & Prison; Mrs. NimiBaruah, Block Elementary EducationOfficer; and Mr. D. Vijay Kumar,Head - Corporate Partnerships, WorldVision India. Principals of all 8 schools

revitalized under this season werefelicitated at the event for their effortsand support towards the campaign.

According to Mr. Akon Bora,Minister of Social Welfare & Prison,” Itis a moment of pride for Markang LPschool and its students that Coca-Colain collaboration with World Vision hasmade this school more approachable.Today the school has proper sanitationfacilities, fencing and a playgroundthanks to the efforts of these twoorganizations.” Speaking about theproject, Mr. Deepak Jolly, VicePresident, Public Affairs andCommunications, Coca-Cola India andSouth West Asia said, “At Coca-ColaIndia, we have our eyes set on the futureand this helps us stay connected to thecommunities and ecosystems weoperate in. These are crucial to anyorganizations operations andcontinuance in the long run. We believein working along with our communitiesto build a model of sustainabledevelopment to grow collectivelyinstead of sporadically. This has beenour prime motivator in executing theSupport My School campaign. Thecompletion of 200 schools under thecampaign is a milestone very close toall our hearts. We look forward toreaching evermore students, schoolsand regions as we move headfirst

towards reaching our goal of over 250schools under Season 2.”

Launched in January 2011, theSupport My School campaign aims tocreate a happy and healthy environmentin schools for children across India byproviding basic amenities such asaccess to water and proper toilets forgirls and boys, enabling them to studyin a cleaner, healthier and a moreholistic environment. Since its launch,the campaign has touched the lives ofnearly 80,000 students across 200schools. The campaign is expected toreach 350 Schools by end of 2013.

Dr. Jayakumar Christian, CEO& National Director, World VisionIndia says about the campaign, “AtWorld Vision, we are committed toassuring opportunities for employmentand value based leadership for allstudents across rural and semi-urbanIndia. This partnership with the SupportMy School campaign has helped usfurther this cause in a tremendous way.The campaign has reached out to someof the most remote areas in the country,helping us impact more lives. Everyschool revitalized under the campaignbrings us closer to our goal of providingthe children of this nation with a holisticschool environment where they canlearn and grow.”


T


Assam has enormous potentialto draw investors : co-founder of infosys

radled by the most arduous and sincere entrepreneur in the country,Subham has graduated to become a trendsetter in creating world-classlandmarks in the lesser travelled part of the nation. Having chartered a decadefull of accomplishments on its way to success, It has earned an impregnablegoodwill that can be matched by none.

The company’s incessant strive for excellence by maintaining the qualitybenchmarks in terms of futuristic design, hi-quality compliant architecture,raw materials and fixture & fittings has left an indelible impression on not justclients, but also our vendors, associates and competitors. The on-time deliveryof projects, and on some occasion even before time, substantiated by itsastute attention to the finer detailing and property management services is aperfect example of absolute professionalism and dedication.

Supported by a dedicated bench of seasoned professionals in their respectivefields, with thorough expertise in the construction science subham reign supremeas the leaders of the real estate industry, in this part of the world.

As a group, Subham remain committed to all corporate and socialresponsibilities and strive to ensure that all economic, environmental and socialfactors are duly considered before taking major actions and decisions.

The leaderof theReal Estate...

C


Assam has enormous potentials todraw investors. What Assamgovernment only needs to do is tocreate an investment friendlyatmosphere so that more and moreinvestors come into this region-this isthe observation of Infosys co-founderand president of confederation ofIndian Industries, Mr. SGopalakrishnan. He along with a groupof delegates of CII had visited chiefMinister of Assam Tarun Gogoirecently. In an exclusive interview withBusiness Positive he informed that in abid to woo investors to Assam, the CIIand Assam Government will constitutea joint task force soon.

“I had a long discussion with theChief Minister of Assam Mr TarunGogoi and accordingly, we haveagreed to constitute a joint task forcefor the development of MSME,tourism, healthcare and IT sectors inthe state”, Mr. Gopalakrishnan said.Gopalakrisnan’s comment assumessignificance at a time when privateplayers are shying away frominvestment in the state. According toMr Gopalakrishnan the task force willfocus on key areas including MicroSmall and Medium Enterprises(MSMEs), Healthcare, Information

Technology, Tourism and SkillDevelopment.

Regarding the development of ITsectors in the state he informed, ‘I havediscussed this matter with Mr. Gogoi.We will constitute another task forcefor this. See, the centre had taken aslew of measures to improve the IT

sectors. I think the state will be able toreap the benefits from the initiatives.”Agriculture, manufacturing, foodprocessing industry are another thrustareas which Assam Governmentshould give priority, feels the co-founder of Infosys.


Subham


Tea grower Gobin winsthe heart of Canadians

he organic tea produced by Gobin Hazarika, thefamed Meen Mohon tea has attracted the Canadian buyersfor its quality and traditional flavor .Mr Hazarika hadstarted tea cultivation in 1995 on nine bighas of land nearmodhupur village in Lakhimpur. Hazarika is now planningto expand his garden up to 22 bighas in view of the hugedemand in the Canadian market.

But what is the specialty of Meen Mohon tea? Hazarikaexplained that he does not use any fertilizer or machine forproducing the tea. “I crush tea leaves by a traditional woodendevice (Dheki) and dry it in an iron pan under regulatedtemperature, which keepsflavour and nutrientsintact” he revealed.Interestingly, Hazarikachristened the garden afterhis parents - Meen andMohan - who died longback. Hazarika’sobjective today is toestablish his tea in theglobal market. He hasalready ventured into theCanadian market andhis next destination is toenter the Europeanmarket.

Hazarika has been

exporting tea to Canada since 2007. His tea has emergeda leading brand in the Canadian market. “I export nearly25 kg to Canada annually. But demand for my tea hasbeen increasing in Japan also. As my production processis purely traditional, Canadian buyers therefore prefer itas compared to other brands,” he added.

Hazarika has been motivating the small tea growersto switch over to organic format due to high demand inthe global market. Despite high demand, organictea cultivation in the State is still poor. According toavailable information, total organic tea cultivation in the

State stands at 10 lakh kgper annum. Of the 10 lakhkg, nearly 8 lakh kg isexported to overseasmarket and the rest issold in the domesticmarket.

“This is a smallbeginning in my life. I needto work hard to enter theEuropean market. SinceEuropean consumers arevery quality conscious, Ihave to strictly maintainthe quality quotient,” MrHazarika said.

T


Success s

tory


The central government is all set toreview the fiscal package of NorthEast Industrial Investment PromotionPolicy (NEIIPP), 2007. Governmentof India had announceda special package forthe States of Northeastregion (NER) (includingSikkim) on April 1,2007 for promotingindustrial development inthe region and to boostinvestor confidence.

Department ofIndustrial policy andpromotion (DIPP),ministry of commerceand industry will engage consultantfor carrying out evaluation study ofIndustrial Package of IncentivesNEIIPP, 2007 applicable to eightstates of Northeast India. There isgrowing discontentment against thepolicy and politicians and industry ofthe region has been pressing forreview of the policy.

According to DIPP it has beendecided to evaluate theimplementation of the package so farand its impact on meeting theobjectives. To identify reasons/factors responsible for slow pace ofindustrial development compared toother parts of the country and toassess whether the objectives ofNEIIPP, 2007 have been achieved.If not, the measures for improvementof effectiveness of the package.

The study will also gauge theimpact of inclusion of some of theservice sector activities

within NEIIPP by way of assessmentof activity wise investments andemployment generation in thebeneficiary States and to analyze

spatial distributionof benefits(subsidies/concessions /exemptions) andgeneration ofoutcome, identifyreasons for skewedpattern, if any, andsuggest remedialmeasures. Thestudy will estimateand evaluate the

benefits and impact (in case of eachof the beneficiary States) of NEIIPP,2007 in terms of achievement of itsobjectives and degree ofindustrialization (measure through

materialization of investment andnumber of new units/expansion ofcapacities, employment generation)before and after implementation ofNEIIPP, 2007. The elevation studywill suggest any improvement, ifrequired, in the present scheme andalso on the present method of scrutiny& disbursement of subsidies underNEIIPP, 2007, including identificationof misuse/leakages in the extantpackage. Industry bodies of theregion were asking to make NEIIPPcompatible with NationalManufacturing Policy (NMP). Thestudy will look into the compatibilityof NEIIPP with NationalManufacturing Policy (NMP) and torecommend measures for furtherstreamlining NEIIPP, 2007 besidesanalyzing the impact on units underMicro, Small and Medium Enterprisesector. The study will further dwelt onthe effectiveness of removal of thrustand non thrust distinction in NEIIPP2007 in terms of expansion of earliernon thrust industries. The study shouldrecommend on continuity of theuniformity or re-introduction of thedistinction between the two.

NE industrialinvestment promotionpolicy will be reviewed


C & S Electric Ltd , one of the leading suppliers of electricalequipments in India, organized a seminar at Hotel Landmark ,Ghyrecently to showcase its wide range of products and solutions. Theseminar was attended by top officials of various governmentdepartments, a press release said. Unveiling the company’s plan , NitinRastogi, General Manager (Sales & Marketing ) and Pankaj Kumar,Regional Head, informed that the company has plans to workextensively in the North East.

The company’s electrical and electronic products find applicationin power generation, distribution, control, protection and finalconsumption. It is also the largest switchgear products from India, therelease added.

C&S Electric Keento Explore NE Market



There is growingdiscontentment againstthe NEIIPP policy andpoliticians, industry of

the region has beenpressing for review ofthe policy. The policy

has failed to getdesired response from

the investors.

NEEPCOplans to add6,000 MWpower by 2020

The North East Electric Power Corporation (NEEPCO) has set a target toadd 6,000 MW of power to its generation capacity by next six to seven years totide over the severe power shortage in the Northeastern region. The Corporation isworking on five power projects in the Northeastern region. Out of the five projects,three are hydro while two are gas-based power projects. NEEPCO Chairmancum Managing Director(CMD) PC Pankaj informed this in Agartala.

Besides conventional power project, the NEEPCO would also focus onnon-conventional power sources. “A 5 MW solar power project will be set upat Manarchak power plant where a 101 MW project is scheduled to becommissioned by September next”,. Mr Pankaj Said.

Apart from this, Neepco has already signed an MoU last monthwith Arunachal Pradesh government to install a 3750-MW capacity hydropowerproject, biggest ever in the county, along with a 240-MW capacity plant in Assam,176MW in Mizoram and 85MW in Meghalaya, he said.

With the increasing power demand across the region, Neepco is enhancinggeneration capacity in all its existing thermal power plants by switching over tocombine cycle from open cycle, which will also reduce pollution as well as wastageof energy.Pankaj stressed on starting power generation in gas turbines fromSeptember at the Monarchak gas-based power project provided the ONGCsupplies the necessary gas. Giving details on the 101 MW Manarchak powerproject, Pankaj said the fist phase 61.9 MW unit is scheduled to be commissionedby September if the ONGC ensures gas supply in time.

“We had inked an agreement with the ONGC to supply 0.5 MMSCMDgas daily to run the Manarchak power project. However, the gas pipeline hasnot been completed yet. We do hope, the ONGC will ensure the required gassupply so that the NEEPCO could operate the turbine in time”, Mr. Pankaj said.

According to NEEPCO sources, the project cost of Manarchak hasincreased from Rs 623 crore to Rs 690 crore due to price escalation. TheNEEPCO proposes a power tariff per unit of Rs 3.50.

Pankaj also informed that the NEEPCO has started revival of the Dumburpower project, the State’s lone hydro electric project in Gomati district. Besides,the NEEPCO would increase power generation of Agartala Gas ThermalPower Project at RK Nagar. Currently, the power project is producing 84 MWand the NEEPCO plans to add 51 MW power generations by converting it intoa combined cycle power project.

Power Gridsigns Pact with

NE StatesCentral transmission utility PowerGrid Corporation has signed anagreement with six North EasternStates including Assam and Manipurfor improving the regionstransmission network.The signing ofthe agreement took place in thepresence of P Uma Shankar,Secretary (power), RN Nayak,CMD, Power Grid and other seniorofficials from Ministry of Power.

‘ Power Grid signedagreement with six North –easternstates, Assam, Meghalaya,Mizoram, Manipur Nagaland andTripura to provide its technical andmanagerial support for theimprovement of their respectiveintra-state transmission anddistribution systems’, the companysaid in a press release.

“These projects will improvegrid connectivity and enhance state’scapability to supply power to largersection of consumers with economyand reliability” the statement added.Power Grid has been appointed as“Design ImplementationSupervision Consultant” by Ministryof Power.

The total aggregate estimatedproject cost is Rs 8,150.07 crores,it added. World Bank has agreedto consider an umbrella loancovering 85% of the total projectcost in three tranches of USD 500million each. States shall becontributing 5% of the cost asequity. The remaining 10% of thecost will be provided by Centre, itfurther added.

– Business Positive Bureau – Business Positive Bureau


D’ parloric Beauty Clinic is one of the leading and Premiere beauty clinicwith a touch of luxury and comfort, running successfully for more than thirtyyears. Its main motto is customer satisfaction and to enhance one’s beauty.It has two branches and its located in the heart of the city i.e. GS road. Ithas a wide range of specialized services. Its entire staff has gone throughvigorous training in their field especially trained by Bhanu Sharma. She hasexpertise in the field of beauty and has gained knowledge from the topinstitute of the world.

When establishing the beauty clinic, Bhanu Sharma wanted tointroduce the concept of beauty in Assam. And want everyone to lookglamorous with a comfort and hearty smile. D’parloric creates an atmospherewhere everyone can come and de-stress, relax and feel comfortable fromtheir monotonous routine.

D’ parloric provides various range of skin and hair care, fromreasonable to high range. It is their priority that every D’parloric clientshould walk out with a glowing skin and beautiful shiny hair. D’parloricruns an all round the year offer and heavy discounted offers are provided,too, on special occasions such as Mothers day, valentine day etc. D’ parlorichas taken initiative to organise various beauty shows to make their clientfeel connected to their organization and also to have some fun. The motivebehind this, is that- women in today’s world is always entangled with workhence stress is obvious. D’parloric provides a wide range of service likebridal Make-up, bridal packages, body spa, facials, skin tonning, tattoo,nail art, hair and skin and many other services. D’parloric has provideduncountable excellent result in all aspects.

D’ parloric Beauty clinic wishes to bring out “the next best version ofyou” and we wish them best of luck.

Where eve becomes elf


D’ parloric

Reliance Jio 4Gventure to invest

Rs 700 crorein North-East

Telecom operator Reliance JioInfocomm will invest around Rs 600 toRs 700 crore to roll out 4G on TD-LTEtechnology in Assam and Northeast.

Reliance Jio Infocomm, whichreceived the BWA spectrum in 2010 tooffer mobile broadband services, willcreate job opportunities for more than3000 people in Assam. The companyhas taken an office in Guwahati andrecruited around 100 engineers to carryforward the 4G roll out plan.

Work of laying optical fibernetwork (OFC) work has startedacross the region. The company will setup around 800 mobile towers acrossAssam alone. Reliance Jio will finish thiswork by the year end or early next yearand things will be ready for roll out byApril next year. Reliance Jio is expectedto have a 10,000 member team nextyear from the current 3,000. RIL iscommitting Rs 150,000 croreinvestment in the next three years for itsexpansion plans including 4G venture.RIL did not share details about itsspecific investment in the 4G projectthough the Indian telecom industry isexpecting $10 billion investment fromthe billionaire.



Kultwear.com, an online store announcesthe launch of its new designer graphic T-shirts. Kultwear.com is an online initiativewhich is spreading awareness about socialcauses through this e- commerce platform.It offers a cheerful mix of fashionable t-shirtswith an opportunity to spread awarenesson social causes amongst the youth in Indiaand also to raise funds. The newly launcheddesigner T-shirts are available in 5 sizes for

Kultwear.com launches T-shirts

RosangCafé

& StoreRosang Café & Store, atraditional restaurant forauthentic traditional North-Eastern cuisines isinaugurated in Hauz KhasVillage, New Delhi recently.

Rosang servestraditional cuisines from allthe eight states of North-East India. The food menuincludes traditional cuisinesfrom Arunachal Pradesh,Assam, Manipur,Meghalaya, Mizoram,

Nagaland, Sikkim andTripura served seven daysin a week. Some of theunique dishes available aretraditional Naga thali, Jadoh

(Wild red rice with Non-vegof Meghalaya), KukhuraMasu (Sikkimese delicacy),Singju (Manipuri seasonalvegetable salad), Bilahi

Masoor Tenga (Assamesetomato fish curry), To Khan(Chicken curry with Tomatoof Tripura), Bai (Mixedvegetable stew of Mizoram)and Ngatok (ArunachaliFish Stew), among others. Besides North-Eastcuisines, Rosang also servesfew selected Chinese cuisine

The ambience ofRosang has been nicelydecorated with beautifulinteriors, coupled withphotographs portrayingpanoramic views of North-East, a carved woodenceiling, and seating cushionsmade from traditionalfabric.

Where to find?35, 2nd Floor,

Hauz Khas VillageNew Delhi-110016

(BehindHanuman Mandir)

Contact no011-65544411

A restaurant of traditional NEcuisines launched in New Delhi

A restaurant of traditional NEcuisines launched in New Delhi

– Business Positive Bureau,Delhi

both Men & Women and are available atthe price of INR 399/- This price includesfree shipping within India.

Most interestingly, at kultwear.com,INR 100/- from every T-shirt sold iscontributed towards social causes onweekly basis The best part this online store,is the transparent display of funds raisedmaking the whole effort more believable& credible. Kultwear.com picks up a social

cause relevant to India everyweek and promotes cheerful t-shirts to help raise funds andawareness for the cause of theweek. It’s a conscious effort tostay away from pity purchase soevery design on the t-shirt iskept cheerful and positive.Almost 75% of the profits arecontributed towards fundingsocial causes.

– Business Positive Bureau, Delhi


Journey to a new dawnSuccess story

Heroka Yepthomi

Success and rest do not sleep togetherfor a young and successful entrepreneurlike Heroka Yepthomi. He is aninspiration for budding entrepreneursin Nagaland. Yepthomi’s venture“Oasis” packages drinking water. He

began with an investment of Rupees1.5 crore and now has bench strengthof 32 members. he bottling plant hasbeen significant in generatingemployment, both directly andindirectly. “There is a lot ofunemployment in Nagaland. I thoughtof starting this business to help thoseguys,” Heroka Yepthomi,entrepreneur.eroka has used state-of-the-art machinery and his plant is highlymechanized. Currently, the dailyturnover is an estimated Rs. one lakhper day.he product from his factory isdistributed in Assam, Manipur andother states. The young entrepreneurhas big plans for future, includingpenetrating the fleet market Heroka has

set the strategic target of expanding thesmall-scale industry to other states ofIndia by excelling in customer services.“I started working here since itsinception. I was jobless, but aftersetting up of this bottling plant, I havenow got a secure job through which Ican sustain myself and support myfamily. Young entrepreneurs should beencouraged to take up such innovativeprojects to generate employmentopportunities,” Ketovi Achumi, aworker staff. Such innovative projectswill inspire young potentialentrepreneurs in the region to come outwith their own ideas and embark onnew ventures. This will eventually assistin the development of the state.

Messenger Services, a branch of ‘Focus IndiaMarketing’, providing fast, reliable, cheap, convenient andhassle free taxi/bike services was launched in thecommercial hub of the state, Dimapur recently.

Located at Aghacho Apartment, Burma Camp,Dimapur, the ‘Messenger Services’ was inaugurated byformer DMC advisor and GB, veterinary colony,Dimapur, Hocto Zhimo, as the chief guest. Hocto beforethe inaugural programme said this venture was perhapsthe first in the state as well as in the entire region andcould provide employment opportunities to thoseeducated unemployed youth who wish to be self employedinstead of running after government jobs. Lauding theproprietor of the services, Caroline Khieya, for starting anew entrepreneurial venture where educated youth couldbe self employed, Hocto urged the team to be dedicatedand to not only remain confined within Dimapur but alsoto venture out to other districts. Giving a brief gist about

the ‘Messenger Services’, proprietor, Caroline Khieya,said that the concept behind venturing into this field wasto give relief to those who were in need of “services” byjust giving a phone call. She disclosed that the projectwas initiated without help from any quarters but with “faith”,and added that the concept in opening the service was toassist the “next generation” to be self sustainable. Shealso said that a branch in Kohima would be launchedshortly which will be followed by Mokokchung.

Caroline thanked her mother in-law, husband,Khekato and the church for their moral and spiritualsupport. At the moment, six youth have been employedwhile another six would be joining soon.

Messenger Services

The first Taxiservice in Dimapur

– Business Positive Bureau, Dimapur


The Ministry of Food ProcessingIndustries (MOFPI) has launched ascheme for establishment of GreenField Mega Food Parks in thecountry during the 11th Five Year Planwith the objective of providingadequate infrastructure for the foodprocessing industry along with thevalue chain from the farm to themarket. MOFPI accorded finalapproval to the North East MegaFood Park Ltd.(SPV) and disbursedan amount of Rs. 5.00 crores to thecompany for implementation of theproject. The Mega Food ParkProject will have a CentralProcessing Centre (CPC) atNathkuchi, Tihu covering 50 acres

of land supported by a network ofsix Primary Processing Centres (PPC)and 19 Collection Centres(CC)spread across the entire NE Region.Agro Marketing Hub- Mega FoodPark- Retail Chain Commensuratewith the growing trend of horticultureproduction in the state, steps havebeen taken to set-up an AgroMarketing Hub near the state capitalGuwahati which will be forward linkedwith a Mega Food Park and a RetailMarket Chain. A food processingpark at Chaygaon, located at adistance of 40 km from Guwahati isalso under implementation in thedistrict of Kamrup.


The Indian automobile market in the north easternstates has increased over the last few years. The northeastern states in India comprise of Assam, Nagaland,Arunachal Pradesh, Meghalaya, Manipur, Tripura,Sikkim, and Mizoram.

The best way to travel in these states is throughroadways and this is the main reason behind the growth ofthe automobile market in the north eastern states. Sales ofall kinds of automobiles such as multi-utility vehicles,

commercial vehicles, and passenger cars have increasedin the north eastern states. This has given the Indianautomobile industry a major boost. The main reasons forthe growth of the Indian automobile market in the northeastern states are: The economy in the north eastern statesis rising and this has left the people with a lot of disposableincome. People spend this money in buying automobiles.

The best way to communicate in the hilly regions ofthe north eastern states is to use roadways. This have

further boosted the sale of automobiles in the northeastern states in India. Various loan schemes have beenstarted by the automobile manufacturers and financialinstitutions. This has made it very easy for the peopleof north eastern states in India to buy automobiles.The government have made various polices in relationto the automobile industry like reducing import tariffsand also relaxing equity regulations.

The various automobile dealers in the Indianautomobile market in the north eastern states are:�� Pallavi Motors Private Ltd. in Assam �� AnamikaMotors in Assam �� Progressive Motors inNagaland �� Jain Udyog in Tripura �� Eastern Motorsin Manipur �� Buishi Yada Motors in ArunachalPradesh �� Rani Motors in Meghalaya �� HB motorsin Mizoram �� Entel Motors Private Ltd. in Sikkim


Automobile market in the northeast India


NORTH EASTMEGA

FOOD PARK

Mahindra two wheelers has launched Mahindra Centuro- a motorcycle forthe generation “Y” .Launched on July 1, the Centuro is powered by Mahindra’sindigenously developed intelligent MCi-5 (Micro Chip ignited-5 curve) enginethat delivers a power output of 8.5PS @ 7500rpm with 8.5 Nm of peaktorque @ 5500rpm and a claimed mileage of 85.4 kmpl (ARAI approved).Over 10,000 newly launched Mahindra Centuro have been booked bycustomers across India within three weeks of its launch, Mahindra TwoWheelers Ltd said. Additionally, it includes innovative features such as ananti-theft alarm with engine immobiliser, an encrypted remote flip key, findme lamps and guide lamps for greater visibility.The Mahindra Centuro alsooffers an advanced digital dashboard with a distance–to-empty (DTE)indicator, service reminder and economy mode indicator. It also offers amaintenance free battery and is backed by a 5-year warranty.”We are trulydelighted that the MahindraCenturo has garnered over 10,000bookings in such a short period oftime. At the same time, we are veryaware of the enhanced customerexpectations and are striving tomeet and exceed them,” said VirenPopli, Executive Vice President –Mahindra Two Wheelers.

What’s New in Market

Nissan launches new Micra

Nissan India recently launched twovariants of its top-selling hatchbackMicra. The car maker also said it isplanning to come out with a refreshedmodel of Evalia to stimulate demandfor its multi-purpose vehicle (MPV)segment. Micra Active and New Micrawere launched at a starting priceof Rs.3.50 lakh and Rs. 4.79 lakh

(petrol) respectively.The Japanese auto major had

launched Evalia, its first MPV, in lastOctober and it has sold only 1,567 unitsso far. “We are in seriousdiscussions...we are not too far (froma refreshed version),” Nissan Indiapresident and CEO Kenichiro Yomuratold reporters in Mumbai.

On the two Micra variants, hesaid the company has set sales targetof 2,500 units a month for the newmodels. “Our total sales target for thisfiscal is 1 lakh units,” he said.

According to the company,Micra Active (petrol) is a spacioushatchback offering quality andfunctionality at a competitive price. It

is based on the popular fourthgeneration city car with redesignedexteriors, refreshed premium interiorsand gives a mileage of 19.49 kmpl.

The New Micra (petrol) comesfor Rs. 4.79 lakh, while its dieselvariant is priced at Rs. 5.99 lakh.

Nissan launched Mirca in Indiain July 2010 and has since sold 43,000units. Globally, the model is known asMarch and it has clocked sales of over6.5 million.

Mahindra Centuro


NokiaAsha 501

Recently Nokia launched thenew Asha501, the first of a newgeneration of smart phones runson the new Asha Platform. Thehandset pushes the boundariesof affordable Smartphone designwith bold color, a high qualitybuild and an innovative userinterface at a price affordably atRs. 5,199. With dimensions of99.2x58x12.1mm the phone feelselegant and tiny after using allthose big Smartphone. Asha 501has a good 1Ghz processor withmeagre 64 MB internal storage,expandable up to 32 GB.

Bp august 2013

Business

hemendra prasad barooah

entrepreneurs of assam

father shiva prasad

tea doyen

tea planter

kamal kumari barooah

editorialwhy business

new delhi