Balaji Amines declares sales growth of 40.82% for Q1FY19 with Net Profit of Rs 33.82 cr

• For the quarter ending June 2018, sales have increased by 40.82% from Rs. 184.77 Cr to Rs. 260.19 Cr.
• During the same period it has reported PBT of Rs 51.73cr and net profit of Rs 33.82 cr.
• Exports increased by 91.43%

July 24, Mumbai, (HPN) : Balaji Amines Ltd, World’s largest producer of DMA-HCL and India’s largest manufacturer of Aliphatic Amines announced its first quarter results ending June 2018, for FY19. On a year-to-year basis, the sales have increased by40.82% from Rs. 184.77cr to Rs. 260.19cr.

It has reported a PBT of Rs 51.73cr as against Rs 34.40cr reported during the same period last year which is increase of50.38%.

Key Operating Highlights (standalone) Q1FY19

• Company recorded net sales of Rs. 260.19 Crores for the quarter ended 30^th June 2018. Net Sales have increased by around 40.82% for the quarter from Rs. 184.77 crores during the same period previous year.
• The PBT for the period was Rs 51.73 crore as compared to Rs 34.40 crore reported during the same period previous year which is increase of 50.38%.
• Company has reported Profit After Tax ( PAT) of Rs. 33.82 crore for the quarter ended 30th June 2018. Net profit increased by 48.66% for the quarter from Rs. 22.75crores during the same period previous year.
• The company recorded Export sales of Rs 55.82crore for the quarter ended 30^th June 2018 an increase of 91.43% over the previous year.

“We have been able to regain our sales growth during first quarter, we expect the rest of the year to be on similar lines. Our efforts for increasing the profitability will show better results in the coming quarters.” commented Mr. D Ram Reddy, Managing Director of Balaji Amines Limited. 

SRL Diagnostics Launches a new customized health check platform ‘SRL Care’ with Shilpa Shetty Kundra as the Brand Ambassador

Mumbai, 24th July, 2018 (HPN) : SRL Diagnostics, India’s most doctor preferred diagnostics chain, rolled out a new preventive customised health-check platform under the brand name ‘SRL CARE’. The new platform was announced in the presence of wellness Guru and celebrated personality Shilpa Shetty Kundra and Arindam Haldar, CEO, SRL Diagnostics. Shilpa Shetty Kundra will be the brand ambassador for SRL Diagnostics. The new Brand Ambassador was given a Lifetime Membership of ‘Club SRL’ at the event.

According to WHO, delays in diagnosis contribute to the 60% of the glaring mortality rate of cancer, heart diseases and asthma cases in India. This makes it crucial to shift nation’s healthcare focus from the existing curative-oriented mindset to a preventive one. Company will have a new range of comprehensive, customized full body check-up packages, under SRL Care. The packages are a part of the company’s initiatives to change the lives of people by showcasing the benefits of a preventive healthcare mindset.

Speaking on the occasion, Mr Arindam Haldar, CEO, SRL Diagnostics said, “For over 23 years, SRL’s purpose has remained focused on helping people on their path to better health in extraordinary ways.  This commitment means that we strive to bring up-to-date advances in technology along with highly trained staff and customer-centric services. However, as leaders and decision makers we need to understand that the absence of a disease is always going to be of higher value to the society than achieving excellence in treating it. Therefore, for some time now, SRL has been working towards shifting the mindset of people from illness based diagnostics to wellness based preventive healthcare approach.”

Based on a recommendation tool developed by SRL’s R&D team, the newly launched platform will recommend a customised health-check plan to an individual consumer keeping in mind their age, gender, lifestyle, health history and life-stage.  The consumer simply need to take an assessment on SRL’s mobile app or website, or they can just walk into any lab to get a customised preventive package that will be designed to suit the particular needs of the individual consumer. With every test package, SRL Care consumers get a free health risk assessment report that outlines the risk factors that they are specifically likely to develop. The report will be given as an add-on benefit along with the regular diagnostics report. SRL continues to invest in innovation and technology to make a difference in the lives of people.

“Today people just think of diet, supplements and weight loss when they think of health. More often than not, we miss out the point that to know if we are on track with our fitness goals, we need to monitor our health parameters, as your outside appearance and external measurement tools (like weighing machine and measuring tape) may not be sufficient to tell how you’re progressing from inside.  Just like how we like to monitor our children’s progress in school by reviewing their report card, SRL Health report is your health’s report card that tells you how well you are doing from the inside”, adds Mr Haldar

“I’ve always believed in preventive healthcare and I go for regular health check-ups as often as necessary. SRL Diagnostics has been my preferred diagnostics centre for years now. Their services are exemplary. Not only do they provide all the necessary tests and advice but their customer centric attitude keeps me coming back all the time. I had to be a part of this new initiative of theirs, SRL Care. SRL Care attempts to change the mindset of people from curative to preventive and reduce the prevalence of lifestyle diseases, thereby helping people live longer and healthier lives,” said health and fitness icon Shilpa Shetty Kundra.

Customised full body health check-up packages under the SRL Care umbrella consists of packages namely Complete Carefor complete body check up, Fitness Care for fitness enthusiasts, Active Care for people with little /no physical activity, Evergreen Care for various age groups, and Vital Care for specific disease or organ system. SRL’s preventive packages are created by our R&D team and medical experts to meet the common needs of individuals, these packages help detect symptoms at an early stage, helping people take correct medical advice and treatment.

Besides the launch of the new SRL Care platform and the brand ambassador, SRL Diagnostics also announced the commencement of a new loyalty program “Club SRL”. Club SRL is a unique membership program that rewards SRL Diagnostics customers with special privileges, reward points and members’ only discounts, all of them with a vision of providing a lifetime of health and savings.

“Our upcoming loyalty program will not just offer reward points but it will also offer preferential benefits to health conscious members who can take certain health and fitness related challenges to earn extra points. We simply want to promote good health through this initiative, what we are trying to tell our customers is ‘improve your health stats and you’ll be rewarded further’” explained Mr Haldar. ENDS

USAID and DHFL Sign Partnership of $10 million Loan Guarantee to Improve Healthcare in Urban India ~ Financing will be used for Lending to Small and Medium-Sized Enterprises Operating in Health Sector in India

L TO R : Edgard Kagan –U.S. Consul General with Harshil Mehta, Joint Managing Director and CEO, DHFL – Photo By GPN Sachin Murdeshwar

Mumbai, July 24, 2018 (HPN)  : The U.S. Agency for International Development (USAID) and the Dewan Housing Finance Corporation Limited (DHFL) today officially announced the signing of a $10-million loan portfolio guarantee in an effort to improve access to capital for healthcare providers in Tier II & Tier III cities. Through the risk-sharing agreement signed between USAID and DHFL, the Mumbai-based lender will be able to provide up to $10 million to small- and medium-sized enterprises operating in the health sector in India, prioritizing lending to women entrepreneurs.

Through this partnership, USAID and DHFL intend to achieve the following:

·         Increase outreach to de-risk and improve access to finance for the Indian healthcare sector, especially breaking barriers for women entrepreneurs so they can establish or expand their healthcare enterprises and services, buy equipment to improve diagnosis and treatment in their communities, and improve the viability of their enterprises;

·         Deepen collaboration with various borrowers throughout India, especially in Rajasthan, Odisha, Madhya Pradesh, and Chhattisgarh; and

·         Ensure improved access to quality, affordable healthcare and better health outcomes for underserved communities.

Speaking at the launch of the partnership, U.S. Consul General in Mumbai Edgard Kagan said, “The USAID-DHFL partnership will boost women’s empowerment by prioritizing them for lending, helping women access loans and expand and improve the viability of their businesses.  I am confident this partnership will take us one step closer to achieving the shared vision of improving health outcomes for underserved populations.”

Mr. Harshil Mehta, Joint Managing Director and CEO, DHFL, added: “DHFL’s relationship with USAID is a culmination of joint efforts to improve healthcare facilities across the country. It gives us an opportunity to help develop quality healthcare across India by offering convenient and customized financial solutions, especially for medical practitioners through medical equipment finance and expansion of facilities. DHFL has been undertaking extensive activities at grassroots level for the urban poor and those at the bottom of the pyramid, touching the lives of over millions of people through social programs and its excellent network across 349 locations.”

The partnership will take off with technical assistance provided by USAID’s flagship “Partnerships for Affordable Healthcare Access and Longevity” (PAHAL) program, implemented by IPE Global, a leading development sector consulting firm in South Asia.

Mr. L.M. Singh, Project Director & Head of Impact Investments at PAHAL, said, “The PAHAL project is proud to be at the center of this unique and powerful partnership. PAHAL, through its network of providers, is already reaching 10 million urban poor across seven high priority states, and we believe this partnership will ensure access to better technology, expanded service offerings, and reach for inclusive healthcare small and medium enterprises, thereby ensuring quality affordable care for the underserved.”ENDS

Neelanjan Banerjee is New Managing Director for LANXESS in India

Neelanjan Banerjee succeeds his predecessor Jacques Perez to become new Country Representative and Managing Director for Lanxess India effective September 1, 2018.

Thane, July 20, 2018 (HPN) : Neelanjan Banerjee, age 45 years, will be the new Country Representative and Managing Director for India effective September 1, 2018. He will assume these tasks in addition to his current function as head of the Advanced Industrial Intermediates business unit (BU AII) in India. Banerjee joined LANXESS in 2006 as head of the former Basic Chemicals business unit and the Saltigo business unit in India.

Banerjee follows Jacques Perez, age 56 years, who  will take over new responsibilities as Managing Director of LANXESS Holding UK Unlimited and Country Representative of LANXESS in the United Kingdom. Born in France, he has also held the position of Chief Financial Officer (CFO) of LANXESS India Private Limited since 2013.

“On behalf of the entire Board of Management, I would like to thank both Jacques Perez and Neelanjan Banerjee for their excellent work and outstanding contributions to the company so far and wish them every success in their new roles” said Rainier van Roessel, Member of the Board of Management at LANXESS AG, commenting on the development.

LANXESS in India

LANXESS India was incorporated in India on February 20, 2004, and is represented through all its twelve business units, operating out of its registered office in Thane and sales offices in New Delhi and Chennai with around 1000 employees across its operations.

The company also has manufacturing facilities in India for five of its business units. The manufacturing sites are located in Nagda in Madhya Pradesh and Jhagadia in Gujarat. Production facilities for business units Liquid Purification Technologies (ion exchange resins), High Performance Materials (high tech plastics), Material Protection Products (biocides) and RheinChemie (polymer bound rubber chemicals and release agents) are operational in Jhagadia. The business unit Advanced Industrial Intermediates has production facilities both in Nagda and Jhagadia.

LANXESS has invested a sizeable amount in India over the years, in greenfield investments, acquisitions and in upgradation of assets, which validates the potential of the Indian chemical industry.

For more information on LANXESS India please go to www.lanxess.in

समज-गैरसमजांच्या कक्षा ओलांडणाऱ्या ‘हडळ’ सिनेमाचा मुहूर्त सोहळा संपन्न…

मराठीमध्ये नेहमीच विविधांगी विषयावरआधारित सिनेमे बनत असतात. विनोदी आणिआशयघन सिनेमांच्या तुलनेत उत्कंठावर्धक कथानकअसलेल्या सिनेमांची संख्या कमी असल्याने अशासिनेमांची प्रेक्षक आतुरतेने वाट पाहात असतात. केवळभारतातच नव्हे, तर जागतिक पातळीवर अशा सिनेमांचा फार मोठा चाहतावर्ग आहे. त्यामुळेच हॉलिवूडपासूनबॉलिवूडपर्यंत आणि मराठीसारख्या प्रादेशिकसिनेसृष्टीमध्येही उत्कंठावर्धक चित्रपट बनत असतात.आता ‘हडळ’ हा नवीन चित्रपट प्रेक्षकांच्या भेटीला येणारआहे.

शीर्षकावरून ‘हडळ’ हा जरी भयपट वाटतअसला तरी हा सिनेमा भयावह नसून क्षणोक्षणी उत्कंठावाढवत समज-गैरसमजांच्या कक्षा ओलांडणारा आहे. ‘आर. डी. फिल्म्स प्रोडक्शन’ अंतर्गत निर्माते राजेश-दिनेश ही जोडी ‘हडळ’ या सिनेमाची निर्मिती करीतअसून राजेश-दिनेश या जोडींचीही पहिलीच मराठीनिर्मिती आहे. दिग्दर्शक राकेश भारद्वाज या सिनेमाचेदिग्दर्शन करणार असून कथा, पटकथा आणिसंवादलेखन राकेश बबन दुर्योधन यांनी केलं आहे. यासिनेमाचा मुहूर्त नुकताच मुंबईतील माटुंगा येथील स्टेटसहॉटेलमध्ये मोठया थाटात संपन्न झाला. या सोहळयालासुप्रसिद्ध लेखक अरविंद जगताप, अभिनेत्री स्मिता तांबेयांच्यासह सिनेमातील कलाकार आणि तंत्रज्ञ मंडळीसहमराठी-हिंदी चित्रपटसृष्टीतील इतर मान्यवर मंडळीउपस्थित होती.

या सिनेमाची कथा कोकणच्या निसर्गरम्य भूमीतघडणारी आहे. या सिनेमात प्रेक्षकांना आवडणारंसारंकाही आहे. कोकणाचं निसर्गसौंदर्य आहेच, पण त्याजोडीला एक सशक्त कथानकही आहे. त्याला श्रवणीयसंगीताची किनार जोडण्यात येईल. याला विनोदाचीझालरही आहे, त्यामुळे  सर्व वयोगटातील प्रेक्षकांसाठीहा सिनेमा मनोरंजनाचं प्याकेज ठरेल असे दिग्दर्शकराकेश भारद्वाज तसेच राजेश आणि दिनेश या निर्मातेद्वयींचं म्हणणं आहे.

मिलिंद शिंदे, संजय खापरे, विद्याधर जोशी, वर्षाधांदळे, अशोक कुलकर्णी, अभिषेक भामरे आदीकलाकार या सिनेमात मुख्यभूमिकेत दिसणार आहेत.नजीर खान या सिनेमाचे सिनेम्या टोग्राफर आहेत. याचित्रपटातील गीते सावतागवळी यांची असून संगीतकारसंदिप डांगे या गीतांना संगीतबद्ध करणार आहेत. कुमारनीरज या सिनेमाचे संकलक असून समीर शिंदे कार्यकारीनिर्माते आहेत. देवेंद्र तावडे यांनी प्रॉडक्शन डिझाईनकेलं असून मेराज शेख प्रॉडक्शन मनेजर आहेत.मेकअप विजय पंडित, केशभूषा अपर्णा जाधव तसेचअतुल मर्चंडे प्रॉडक्शन कंट्रोलर अशी श्रेय नामावलीआहे.

Mumbai based Indian School of Image Management aims to bridge the skill gap in India by creating a rich pool of International Image Professionals

July 8, 2018, Mumbai (HPN) : Taking a lead to support the Government’s agenda of bridging the skill gap in the country and nurturing the next generation of International Image Professionals, the Indian School of Image Management (ISIM) has started operations in Mumbai campus at Lokhandwala. The newly started management institute will also start its centers in Powai, Lower Parel and Andheri East in the near future.

The school has got an International Affiliation with International Image Institute, Canada as well as provides programs that are accredited by Association of Image Consultants International (AICI). Indian School of Image Management (ISIM) is the only institute in India to provide internationally recognized CEU programs accredited by Association of Image Consultant International (AICI) round the year.

The flagship Image Management Dual Certificate Program by the institute provides two certifications to the students, from International Image Institute, Canada and ISIM in India. The 2 month long program has regular classes.

Ms. Sonia Dubey Dewan, Founder & Managing Partner of ISIM, says, “ As per the data from employee provident fund organization (EPFO), more than 3 lakh jobs were created in India in the last 6 months. The draft World Development Report 2019 by World Bank also suggests that the formal sector or industry in India pays twice as much as in the informal sector. We just need to upskill the youngsters to join the formal sector by internationally acclaimed qualification. At ISIM, we are committed to work towards nurturing the next generaton of qualified image leaders”. She also believes that “ISIM will soon set up the national and global industry benchmarks in image management education.”

Talking about the need of such courses and the opportunities thereof Ms. Dewan says, “Image Management should be the choice for anyone looking to build a career in fashion, training & coaching, styling, lifestyle blogging and much more. It not only offers a platform for entrepreneurship but also provides employment opportunities in the field of human resources management, learning & development and training. Industries such as Aviation, Retail & Education are already recruiting individuals with Image Management qualifications.

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About Indian School of Image Management:

Indian School of Image Management (ISIM) is the only institute in India to provide internationally recognized CEU programs accredited by Association of Image Consultant International (AICI) round the year.

ISIM provides Image Management courses in India along with its international affiliation with International Image Institute, Canada, headed by Karen Brunger. Who is the Past President & Certified Image Processional by AICI and has been in the image management training & education industry since 1984.

At ISIM we are engaged in pushing the boundaries of Image Management industry in India and opening avenues and new opportunities for emerging professionals & entrepreneurs. The school is based out of Mumbai, offering short and long-term professional courses.

Visit www.indianschoolofimage.com

Will the Government and Indian Judiciary bring back Vijay Mallya, Nirav Modi , Mehul Choksi, Umesh Parekh and other fraudsters?

MUMBAI,  JULY 2018 (HPN) : 

     
UMESH PAREKH
The promulgation of the Fugitive Economic Offenders Ordinance 2018 which provides for confiscating properties and assets of economic offenders including loan defaulters who flee the country and the rigorous follow-up with foreign legal systems to get culprits charged with economic offences in India back have finally began bearing fruit – Vijay Mallya, NiMo, Umesh Parekh to name a few.

In a first, a UK court has ruled in favour of Indian banks permitting enforcement officers to enter the properties belonging to Vijay Mallya near London and seize assets. That brings the consortium of Banks closer to the Rs 9,000 crore they had lent to Mallya. This also puts on the higher side the probability of Mallya being extradited to India to face trial for the financial irregularities, including money laundering with which he has been charged with.

The Mallya ruling in London would surely have sent shivers down the spines of the likes of Nirav Modi, Umesh Parekh and several others who until now had been seeking safe haven in countries abroad after having looted banks in India. The system seems to have woken up to the perils of letting off financial offenders in the past and will surely get its hand on them.

Umesh Parekh is the promoter and Managing Director of Kolkata-based jewellery firm Shree Ganesh Jewellery House (I) Ltd. Umesh is believed to be the mastermind and the key player in laundering funds out of India from the company. He is presently absconding, his name included in the list of fugitives. In a striking similarity to Mallya, Umesh has been living a flamboyant life with probably one difference. He is reported to be having 3 wives (all Indian), one in India (Kolkata) and the other 2 in Dubai and Kenya respectively.

A St Kitts passport holder, Umesh Parekh lives a lavish lifestyle out of Dubai and Kenya. He reportedly owns a house in Palm Jumeirah and another one in Arabian Ranches and a 3-bedroom Yatch; all of which have been purchased only recently. With businesses running in Dubai and Kenya he drives a Rolls Royce which he bought at age 45 and had been been based out of Kolkata until recently, when he fled the country considering the dangers of his financial impropriety playing catch.

CASE FILE: UMESH PAREKH

Shree Ganesh Jewellery House (I) Ltd, a Kolkata-based, company has cases filed against its promoters by various law enforcing agencies. The first is an FIR filled by the Regional Office of the State Bank of India in Kolkata for having forged documents for the purpose of availing loans from 20 nationalised banks to the tune of Rs 2,223 crore. The second is an equally intriguing case filed by the Department of Commerce with the DRI alleging violation of FEMA by failing to have achieved exports against the benefits it claimed for imports at its Unit set up in the SEZ.

From Board Room conversations to household chatter, one discussion that has found a universal audience is about how big businesses have looted the Indian banking system of thousands of crores leaving it highly vulnerable in the wake of rising NPAs.

The key question everyone is asking is “Will Prime Minister Narendra Modi’s Government  bring fugitive elements who have looted and scooted to foreign countries back to India?”ENDS

CMAI’S 67th NATIONAL GARMENT FAIR FROM JULY 16th to 19th JULY 2018 – INDIA’S LARGEST EVER APPAREL TRADE SHOW

In Photo : Seen left to right, Mr. RohitMunjal, Acting Chairman- Fair Sub Committee, Mr. BabubhaiAyar, Hon. General Secretary, Mr. Rahul Mehta, President –CMAI, Mr. Rajesh Masand, Vice President –CMAI and Mr. Jayesh Shah, Jt. Hon. General Secretary.

Ø  FIRST TIME IN HISTORY, 1087 BRANDS, 986 STALLS,916 EXHIBITORS TO SHOWCASE THEIR LATEST FESTIVE COLLECTIONS

MUMBAI,  6 JULY,  2018 (HPN) :  The Clothing Manufacturers Association of India (CMAI) is organizing “
India’s Largest  Apparel Trade Show – The 67^th National Garment Fair” from 16^TH  July to 19^th   July 2018  at Bombay Exhibition Centre, NSE Complex, Goregaon (East), Mumbai. The Fair will be inaugurated by ….

 Mr. Rahul Mehta, President, The Clothing Manufacturers Association of India (Ex-Chairman, International Apparel Federation), stated that this B2B Fair will be spread over Approx. 6,50,000 Square Feet, covering all the Halls at the Bombay Exhibition Centre. There will be 916 Exhibitors in 986 Stalls displaying 1087 Brands. This will be India’s Largest Ever Garment Fair held so far.  The Fair will display leading Brands in Men’s wear, Women’s wear, Kid’s wear and Accessories.CMAI will also publish the ‘Show Directory’, popularly known as the Fair Guide.

67^th National Garment Fair will be over 4 Days instead of the normal 3 Days Fair. The Fair timing will be from 10 AM to 9 PM. For the first time the July Edition of the National Garment Fair will be a ‘No Decoration Fair’. This B2B Fair will be open only to Trade Visitors & Garment Retailers.

 The Business Networking Sessions between the Exhibitors and Agents & Distributors, High Street Retailers, National Chain Stores & E-Commerce Companieswill continue this year.

This year CMAI is also Celebrating 25 years of Association with Bombay Exhibition Centre.

Indian Apparel Market

According to Mr. Rahul Mehta, President –CMAI, India’s domestic apparel market is estimated at US$ 67 billion in 2017 which has grown at a CAGR of 10% since 2005. Indian domestic market has performed better than the largest consumption regions like US, EU and Japan, where depressed economic conditions led to lower demand and growth.Due to presence of strong fundamentals, the domestic apparel market size of India is expected to grow at 11-12% CAGR and reach about US$ 160 billion by 2025.

Table 1: Category-wise Break-up of Domestic Apparel Market

Category	Market Size (US$ Billion)	% Share
Ethnic Wear	23.8	36%
Bottoms	11.8	18%
Tops	10.8	16%
Intimate wear	4.7	7%
Suits	3.7	6%
Outerwear	3.7	5%
Others*	8.4	13%

*Others include active wear, dresses, school uniform

The domestic market size is dominated by Ready-To-Wear category, market size ~US$ 56 billion, with 84% share which is further growing at a CAGR of 10-11%. The Ready-To-Stitch market is also gaining momentum as more and more men who have been buying premium or luxury readymade clothing brands want to wear a shirt or a trouser that fits them perfectly. The Ready-To-Stitch market currently at US$ 11 billion is expected to grow at a CAGR of 7% and reach about US$ 20 billion in 2025.

Recent Plastic Ban in Maharashtra

On the recent Plastic Ban announced by the Govt Of Maharashtra, Mr Mehta welcomed the Clarification issued by the Environment Department allowing the use of PP Bags for wrapping the Garments at the Manufacturing Stage under a mechanism for the collection of the used PP Bags through a buy-back mechanism and ensure the recycling and final disposal of the collected PP Bags.

Mr Mehta once again reiterated CMAI’s commitment, as a responsible organisation, to protect the environment and assured that their Members will work hand in hand with the State Govt& Local Authorities and ensure that all used PP/Plastic Bags are responsibly recycled and disposed off.

Decline in Garment Exports

Mr. PremalUdani, Chairman- Board of Trustees of CMAI stated that Apparel Exports have taken a beating from October 2017 onwards. The introduction of GST has resulted in non-refund of several embedded taxes.  Consequently apparel exports for the financial year 2017-18 declined by 4% to USD 16.7 billion from 17.38 billion in the previous year.

 The downturn continues in FY 2018-19 with a month on month decline of 10%.  The Government is seized of the matter and has assured that embedded taxes will be refunded through the drawback route.

CMAI’s First Apparel Training Center at AsmeetaTexpa, BhiwandiCMAI is setting up their First Apparel Training Centre, spread over 8,000 sq. feet, at AsmeetaTexpa, KalyanBhiwandi Industrial Area. The Centre shall be operational by the end of this year. This full fledgedTraining Centre shall offer Courses for Sewing Machine Operators – Basic & Advanced, Supervisors, Quality Checkers & Finishers & Packers and will train up to 4,000 Trainees per year.

A Tripartite Memorandum Of Understanding betweenGovt of Gujarat, GIDC and CMAI will be signed on 10^th July 2018 where CMAI shall  decimate information amongst its Members promoting Gujarat as a Destination for Investments.

For further information, please contact Mr. Mohan Sadhwani, Executive Director, (Mobile No. +91 9870781295), Email: cmaimumbai@gmail.com