Project exports promotion council of india

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However, the global market will continue to be driven by above-average growth in the large Asia/Pacific and Africa/Mideast regions. The non building market for construction aggregates is expected to outpace the building segment through 2017, as governments in both developed and industrializing countries invest heavily in public infrastructures.

Between 2012 and 2017, more than 50 percent of all additional construction aggregates demand generated will be attributable to China, the world's leading consumer of these products. Massive gains in building and nonbuilding construction activity will stimulate product demand in China. However, as the Chinese market matures, growth is expected to decelerate noticeably from the pace of the last decade. Aggregates consumption in India, the Asia/Pacific region's second largest market, will expand at a faster pace through 2017.

The construction aggregates markets of Eastern Europe, North America, and Western Europe are projected to expand between three and five percent per annum through 2017. As these regions recover from financial and fiscal crises, residential, commercial, and public works construction activity will rebound, generating additional demand for aggregates. North America and Eastern Europe will record somewhat faster growth than Western Europe during the 2012-2017 period. In terms of major countries, Spain, Russia, the United States, and Italy are expected to perform particularly well, as there is a considerable amount of pent-up demand in these markets.

The crushed stone segment is expected to account for one-half of all new product demand generated between 2012 and 2017. Crushed stone will continue to benefit from its numerous performance features, such as durability and strength. Crushed stone is also projected to gain a larger share of the aggregates market due to the depletion of sand and gravel reserves in many countries around the world, including China, India, Japan, and Norway. However, crushed stone demand will be moderated by the increasing availability of manufactured sand, and alternative and recycled aggregates.

Worldwide sales of construction aggregates for hydraulic concrete applications are expected to grow slightly faster than the global average annual rate through 2017. Three-fifths of all new aggregates demand between 2012 and 2017 will be attributable to the hydraulic concrete segment. The development of new hydraulic concrete formulations -- which will expand the range of uses for concrete -- is expected to spur gains in the segment. Because of advances in new road construction and existing road improvement and repair, global sales of aggregates for road base and coverings, and asphaltic concrete applications are expected to accelerate through 2017.

India is a country with large and diverse infrastructure sector. The Government of India recognized the imperative need for the infrastructure sector and takes several initiatives like Committee of Infrastructure, National Highway Development Project (NHDP), National Maritime Development Programme (NMDP), Tax Holidays etc for the development and promotion of the sector. In the recent years, there has been several improvements in sectors like roads & highways, ports, railways and airports, the policy and regulatory framework is already in place and investment in infrastructure has risen considerably however there are still significant gaps that need to be bridged.

With a view to create a platform for all the stakeholders and for the conclusive growth & development of the Infrastructure sector, PEPC works with the Central and Foreign Governments, National & International development organizations like World Bank, Asian Development Bank etc, Government Agencies, and various other stakeholders to promote the Project exports.

PEPC discusses policy, regulatory and procedural issues with its members, industry experts etc. and advice appropriate reforms to the government for the development of the project exports. For making conducive business environment PEPC highlights encumbrances being faced by the industry players in the process of development of the sector and interacts with various national / international agencies for making feasible measures to overcome those encumbrances.

PEPC supports the Government in its efforts towards projecting the project exports. It act as a reference point for investors (Domestic & International) interested in the sector and provide information related to government guidelines, investment opportunities, government & development agencies (which are involved in the development process of the sector).

For promotion of the sector PEPC works proactively and suggests necessary procedures during the process of policy formation, budgetary allocation, forming legal framework etc. by the government. To maintain smooth progress PEPC also insist government to make essential provision for timely upgradation of the policies on the basis of regular feedback from its members and industry players.

PEPC organizes several investment promotion programmes, conferences, seminars, workshops, etc on regular basis for facilitating interaction between various government agencies, international bodies, industry players and its members that provide prospects to raises issues pertaining to the sector and exchange ideas. These networking events provide a platform to share thoughts, explore business opportunities among the varied stakeholders of the project sector. These measures help to analyse the present developments and identifies the ways to overcome the constraint of the sector.

PROJECT EXPORTS

Project Exports from India commenced with a modest beginning in the late 1970s. Since then, project exports have evolved over the years, with Indian companies demonstrating capabilities and expertise spanning a wide range of sectors. The nature of Project Exports being undertaken reflects the technological maturity and industrial capabilities in the country. Project exports are broadly divided into four categories:

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  Civil construction
  
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  Turnkey modules
  
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  Consultancy services
  
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  Supplies, primarily of capital goods and industrial manufactures
  

Turnkey projects involve supply of equipment along with related services and cover activities from the conception stage to the commissioning of a project. Typical examples of turnkey projects are: supply, erection and commissioning of boilers, power plants, transmission lines, sub-stations, plants for manufacture of cement, sugar, textiles and chemicals.

Project export contracts are generally of high value and exporters undertaking them are required to offer competitive credit terms to be able to secure orders from foreign buyers in the face of stiff international competition. Exim Bank plays a pivotal role in promoting and financing Indian companies in the execution of projects. It has been closely associated with the growth of project exports from India by way of providing finance, information and business advisory services. The bank supports Indian companies at all stages of the project cycle from advance tender information, guidance in preparation of competitive bids to providing financial facilities, including loans and guarantees. It extends funded and non-funded facilities for overseas industrial turnkey projects, civil construction contracts, as well as technical and consultancy service contracts. Exim Bank has in place a specialised cell to provide advance information to Indian companies on projects being funded by multilateral funding agencies in various countries. Over the past two decades, increasing number of projects have been executed by Indian companies in North Africa, West Asia, South & South East Asia, CIS and Latin America.

The Reserve Bank of India has simplified the procedures for project and service exports, such as deployment of temporary cash surpluses and inter-project transfer of machinery and funds. These measures, first announced in the Mid-Term Review of Annual Policy Statement for 2006-07, will provide more flexibility to exporters. The RBI said that the measures were subject to monitoring by banks. Exporters will now be allowed to use the machinery or equipment used for a turnkey or construction abroad, for executing a contract in another country. Currently, exporters are required to dispose of the equipment, machinery, vehicles purchased abroad or arrange their import into India after completion of the contracts. If it has to be used for another overseas project, the market value should be recovered from the second project. Under the modified procedures, the RBI has permitted exporters to deploy their temporary cash surpluses, generated outside India, in instruments such as deposits with overseas branches or subsidiaries of a bank in India, a triple `A' rate short term paper abroad, including treasury bills and other monetary instruments with a maturity or remaining maturity of one year or less. Now, exporters are required to approach the RBI for overseas deployment of their temporary cash surpluses. The apex bank has also permitted exporters to open, maintain and operate one or more foreign currency account in a currency of their choice with inter-project transferability of funds in any currency or country.

 SCREENING COMMITTEE

In accordance with the guidelines of Memorandum PEM (Project Export Manual) of the Reserve Bank of India, the Working Group considers proposals pertaining to civil construction contracts only from the Indian contractors who are on the approved list of the Ministry of Commerce & Industry(Govt. of India) on the basis of meeting the requisite criteria set by the screening committee as under:

Minimum acceptance criteria for Screening Committee clearance	Turnover	Networth	Experience required
Prime Contractor	Rs. 10 Crores	Rs. 1 Crores	10 Years
Sub-contractor to Foreign Prime Contractor	Rs. 10 Crores	Rs. 25 Lakhs	7 Years
Sub-contractor to Indian Prime Contractor	Rs.10 Crores	Rs. 10 Lakhs	3 Years

3.0 FORTHCOMING EVENTS

FAIRS/EXHIBITIONS

OVERSEAS

Date:

Venue:

Market driven solutions to structuring and funding projects in the Middle East, Africa and Turkey

Held under the Esteemed Patronage of H.E Sheikh Ahmed bin Mohamed Al Khalifa, Minister, Ministry of Finance, Kingdom of Bahrain

MEED’s Project and Infrastructure Finance Conference will focus on the most relevant issues plaguing the region’s project and infrastructure financing market and provide market-driven success stories including working with project uncertainty, risk allocation and reduced involvement from European banks.

This conference presents attendees the opportunity to meet leading project owners, investors, fund managers, investment banks, ECAs, lenders and advisors to discuss new market trends and recovery, deal structures and the latest commercial opportunities associated with mega projects in Middle East, North Africa and Turkey.

Features of the event in 2014

- Opening address by H.E. Shaikh Ahmed bin Mohammed Al Khalifa, Minister of Finance of Bahrain

- Expanded international focus: the event will throw light on projects and structuring trends in the Middle East, North Africa and Turkey. It will talk about regional and political risks and financial methods to manage these risks

- Increased content from the largest regional project market, the Kingdom of Saudi Arabia: the proximity to the KSA ensures involvement of the highly relevant mega-projects and financing methods in the KSA

- Programme broadened to include infrastructure finance: to include infrastructure funds, pension funds, equity and debt analysts, private equity investors, investment banks, insurance companies, fund managers

- Active financier representatives from across the region and beyond: discussing their current key projects in the region and the associated opportunities of how you can get involved

- Award winner for 2014 to be announced for the MEED Leadership in Project Finance Award

Cantho People’s Committee and Organising Board of International Exhibition Fair, Vietnam

Date:

Venue:

phone:

Project opportunities in Qatar’s booming projects market.

-MEED’s Qatar Projects Conference, the best annual event for those wishing to capitalise on the opportunities in Qatar’s booming projects market. Qatar is starting an era that will see the award of a series of massive construction contracts, particularly in transport.

There’s a huge amount of excitement about the imminent announcement of the winners of the first major contracts in the Doha Metro. Work is building across Ashghal’s remarkable public works programme. Add to this the start of the first projects directly linked to the FIFA 2020 World Cup Finals and you can see why Qatar is now ranked as the most important market in the Middle East after Saudi Arabia

Networking at Qatar Projects conference

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  More than 400 attendees over the two-day conference giving you interaction with the entire value chain represented by clients, consultants, advisors, contractors, financiers, legal experts and service providers
  
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  Closed welcome receptions tailored for like-minded professionals addressing niche topics and challenges
  
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  Exclusive online networking - see who’s attending and contact them directly to arrange a meeting before and after the event
  
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  More than 27 interactive sessions comprising of panel debates, interviews, insight case studies and presentations offering more choice and in-depth detail into all aspects of Qatar’s project market
  
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  Over 18 hours of dedicated networking sessions, including a gala dinner and sponsored lunches, meaning more business cards were exchanged than ever before and more business deals were done.
  

Shahid Chamran Expressway, Tehran Permanent Exhibition Grounds,

Tehran (Tel: 0098 21 22662824/21912651, Fax: 22662684/22662696/22662674

E-mail: haghverdi@iranfair.com; info@iranfair.com; office@iranfair.com   

Web: www.iranfair.com)

Domestic:

19th Agriculture-Industry-Tourism & Science Festival

Organised by: Contai Palpara Saradadevi Mahila Mondal

Date: 06-12 January 2014

Venue: Baruipur Science Fair Campus

P.O. Totanala

P.S. Patashpur

Dist- Purba Medinipur

West Bengal, India
Products, Equipment, Technologies and Services related to:

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  Agro based industries
  
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  Chemicals and Petrochemicals
  
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  Agricultural and Industrial Machinery
  
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  Ceramics, Plastic, Rubber
  
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  Technology for Small and Medium Enterprises etc.
  

Under this scheme assistance is given to individual exporters for participation in following export promotion activities abroad

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  Trade Delegations
  
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  BSMs
  
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  Trade Fairs/Exhibitions
  

The details of scheme is given as ANNEXURE-I.

The scheme is formulated on focus product- focus country approach to evolve specific strategy for specific market and specific product through market studies/survey. Assistance would be provide to Export Promotion Organizations/ Trade Promotion Organizations / Exporters etc. for enhancement of export through accessing new markets or through increasing the share in the existing markets. Under the Scheme the level of assistance for each eligible activities has been fixed.

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  Research studies consistent with the priorities;
  
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  WTO Studies for evolving WTO compatible strategy;
  
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  To support EPCs/Trade Promotion Organistions in undertaking market studies/survey for evolving proper strategies.
  
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  To support marketing projects abroad based on focus product - focus country approach. Under marketing projects, the following activities will be funded:
  
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    Opening of Showrooms
    
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    Opening of Warehouses
    
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    Display in international departmental stores
    
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    Publicity Campaign and Brand Promotion
    
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    Participation in Trade Fairs, etc., abroad
    
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    Research and Product Development
    
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    Reverse visits of the prominent buyers etc. from the project focus countries
    
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    Export Potential Survey of the States;
    
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    Registration charges for product registration abroad for pharmaceuticals, bio-technology and agro-chemicals;
    
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    Testing charges for engineering products abroad;
    
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    To support Cottage and handicrafts units;
    
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    To support Recognized associations in industrial clusters for marketing abroad