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SBI Foundation Opens Youth for India Fellowship Applications to SBI Employees, OCIs, and Nepal & Bhutan Citizens

Sep 5, 2024 by Sujata 0 Comments #Bhutan, #Citizens, #India Fellowship Application, #Nepal, #SBI Foundation

New Delhi, September 5th, 2024: In a special drive, SBI Foundation, the CSR arm of the State Bank Group, is inviting Overseas Citizens of India (OCIs), Citizens of Nepal & Bhutan, and internal candidates from SBI for the 12th Batch of the SBI Youth for India Fellowship program. The 13-month program provides a well-structured opportunity for fresh graduates and young professionals to collaborate with rural communities and 13 esteemed NGOs across India, fostering meaningful social change. The deadline to apply for the SBI YFI Fellowship is Tuesday 17th September 2024.

To be eligible for the Fellowship Program under this special drive, a candidate must be an Overseas Citizens of India (OCI), a Citizen of Nepal & Bhutan, or an SBI employee. In the case of SBI employees, the candidate should be a confirmed officer in Scale I or II within SBI. The candidate must be between the age group of 21- 32 years on the day of commencement of the program i.e. 7th October 2024. The Candidates must also strongly commit to advancing sustainable development objectives in rural areas. Once selected, the candidates need to report to Tilonia, Kishangarh, Rajasthan on 5th October 2024 to begin the experiential journey.

“The SBI Youth for India program provides a unique opportunity for urban youth to actively contribute to the development sector while addressing the challenges of rural life. We welcome our colleagues from the State Bank of India, Overseas Citizens of India (OCIs), and youth from Nepal and Bhutan, to join the force and be the ambassadors of change for rural India. With 10 successful editions behind us and the 11th underway, our program remains dedicated to empowering youth to create meaningful change in rural communities. This initiative is a beacon of hope for those eager to shape a brighter future for both themselves and rural India.” said Mr. Sanjay Prakash, Managing Director & CEO, SBI Foundation.

The SBI Youth for India Fellowship, which is one of its kind, works on 12 thematic areas such as Health, Rural Livelihood, Food Security, Environmental Protection, Education, Water, Technology, Women’s

Empowerment, Self-Governance, Social Entrepreneurship, Traditional Craft and Alternate Energy. During the Fellowship program, the Fellows work on one of these 12 thematic areas as per their interest.
Prospective Fellows are encouraged to seize this opportunity to make a tangible impact, leveraging their skills and creativity to drive positive change in the lives of those in rural India.

The SBI Youth for India program has witnessed enthusiastic engagement from numerous young applicants from major metropolitan cities in India, Overseas Citizens of India (OCIs), and citizens of Nepal and Bhutan. The program has made a significant impact with a growing alumni network of over 580+ individuals, impacting more than 150,000 lives through the interventions of the Fellows in more than 250+ villages spanning 20 States across India over the last 13 years.

The project also impacts youth in their future academic pursuits. About 70% of YFI alumni have gone on to pursue meaningful careers in the social sector by working in Rural Development, Public Policy, Governance, Academia, etc., thereby enabling positive change. 100+ Fellowship alumni pursued Higher Studies in development domains after their SBI Youth for India Fellowship experience, and 40+ YFI alumni have started social ventures post-Fellowship.

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Success of CMAI FAB Show 2024 Beckons a Bright Future for India’s Textile & Apparel Industry

Apr 19, 2024 by Sujata 0 Comments #Accessories & Beyond Show 2024 (FAB Show 2024), #Aditya Birla (Cellulosic Fibres), #Bahrain, #Bangladesh, #Bhagwan Enterprise, #Business Development, #Clothing Manufacturers Association of India (CMAI), #CMAI FAB Show 2024, #Egypt, #FAB Show, #Gokul Tex Print, #Hong Kong, #J.P. Singh, #Kenya, #Ludhiana, #Murugan Thenkondar, #Naveen Sainani, #Nepal, #Rajesh Masand, #Ramtex - Parmeshwari Silk Mills, #Russia, #Sailesh Kukreja, #Siddharth Dhawan, #Sri Lanka, #Textile & Apparel Industry, #Textile industry, #The Fabrics, #UAE, #USA

Mumbai, April 19, 2024: The Fabrics, Accessories & Beyond Show 2024 (FAB Show 2024), hosted by the Clothing Manufacturers Association of India (CMAI), wrapped up its 4th edition on a successful note consequently boosting Textile industry sentiments with exceedingly high business prospects. The three-day event, which took place from April 15 to April 17 at the Bombay Exhibition Centre, Mumbai, outperformed industry expectations with an estimated business generation of more than 2,100 crores.

The trade show successfully attracted 10,200 trade visitors from 320+ cities across India which included over 1,500 elite platinum buyers. Moreover, overseas buyers from 16 countries mainly Bangladesh, UAE, Bahrain, Egypt, Russia, Hong Kong, USA, Kenya, Sri Lanka and Nepal also visited the show. The presence of sourcing heads from renowned brands and retail majors like Aditya Birla Fashion & Retail, Bestseller, Gokaldas Exports, Kora, Mufti, Pepe Jeans, Reliance Brands, Shoppers Stop, Soch, Stori, Spykar, Westside and many others further boosted industry confidence thus reflecting the event’s importance as a prime sourcing platform.

Speaking about the success of FAB show, Rajesh Masand, President, CMAI expressed, “The impact of this grand sourcing event will resonate across the garment industry supply chain, promising not only immediate business but also long-term strategic developments and new sourcing relationships for all stakeholders involved. The remarkable success of this year’s show reflects a buoyant industry outlook, fuelling optimism for a robust recovery in the upcoming seasons. This resurgence comes at a crucial time as our industry was stressed with tepid demand and recent challenges like the amendment affecting MSME payments. With the positive momentum generated by the FAB Show, there is a renewed confidence that the industry outlook will soon be back on growth path.”

This year’s FAB Show was a focal point for industry Innovation and Sustainability, showcased by over 200 domestic exhibitors, including major names like Grasim, Arvind, Siyaram’s, Gokul Print, Jindal, Banswara Syntex, Ruby Mills, Bhagwan Enterprise apart from many MSME’s. Noteworthy participants from diverse sectors such as fabric suppliers, accessories manufacturers, and software developers demonstrated their latest offerings and services to a discerning audience.

“FAB Show 2024 has set a new benchmark for success in the textile & apparel industry, reflecting our commitment to driving growth and sustainability,” said Naveen Sainani, Chairman FAB Show, CMAI. The Sustainability zone was a major attraction at the fair which showcased fabrics crafted from waste, recyclable materials and educated about benefits of waste water management promoting innovation & circularity which is a cornerstone of CMAI’s holistic strategy to engage, educate, and inspire the garment industry. He further elaborated “Our environment is changing and if the world can’t avoid deforestation, we need to invest in reforestation. On behalf of the 2876 visitors who pledged to voluntarily become earth warriors, CMAI will be planting 2876 tree saplings to create a healthier environment, fight climate change, and protect biodiversity”.

The Surat Pavilion organized by the Southern Gujarat Chamber of Commerce & Industry (SGCCI) showcased over 40 leading fabric manufacturers for the fourth consecutive edition of FAB. One of the key reasons for the popularity of the Surat pavilion amongst the visitors is their ability to present the latest trends and understand the needs of the garment industry. Speaking about the current business landscape, Siddharth Dhawan, Director, Gokul Tex Print – a leading fabric manufacturer from Surat, expressed, “We have seen a steady growth over the last year, which slowed down in the last few months due to the MSME payment amendment that came in. This year, we are confident that starting June till December, signs of growth will become evident as we deliver the merchandise to manufacturers, which they will provide in the market.” Another participant, Ritesh Patel, Director, Surbhi Textile Mills from Surat said “We received an extraordinary response for all of our products and the presence of buyers from all across the country gave us a great exposure. We are looking forward to participate in the next CMAI show”.

Speaking about their business outlook, Murugan Thenkondar, President – Marketing & Global Head – Business Development, Aditya Birla (Cellulosic Fibres) stated “The export market is facing a lot of turbulence currently and our domestic market has been growing steadily which is the reason we are exhibiting here. CMAI has been highly successful in presenting the textile value chain to participate mainly in cloth manufacturing brands, yarns, weavers, knitters, spinners and fibres thus offering a one-stop-destination to meet sourcing requirements. Distinguishing from other fairs, FAB is an excellent annual platform for the domestic customers and we are seeing a lot of positive energy at the show”.

CMAI FAB Show 2024 1

Sailesh Kukreja, Managing Director, Bhagwan Enterprise from Mumbai elatedly said “We thank CMAI for implementing innovative measures to ensure the presence of buyers from across the country that made the fair a thrilling success. The exhibition was well organized and the on-spot visitor registration process was very swift. The overall publicity campaign was very well designed and consistently created a buzz on social media. We look forward to participating in all upcoming CMAI fairs and hope for a grander success”.

Speaking about Sustainability, J.P. Singh, Director, Ramtex – Parmeshwari Silk Mills from Ludhiana said, “We are committed to Sustainability and have adapted eco-friendly processes to save approximately four lakh litres of water daily. It is heartening to see that consumers are getting more environment-conscious by the day and are preferring eco-friendly fabrics such as ours. Our main markets have been Punjab, Haryana and Delhi; however, we have started receiving increased demand through our distributors from Mumbai, Pune, Hyderabad, Chennai, Bengaluru, Kolkata and Indore too.”

A lucky draw contest was also held on all the three days of the show wherein Rupees 10 lacs worth of scooters, gift cards, and holiday vouchers of leading brands were handed out to visitors and exhibitors.

Tata Motors Q2 FY23 sales result
business

Tata Motors launches GenVoltz generators in Nepal

Jun 14, 2022 by Praveen 0 Comments #GenVoltz generators, #Nepal, #Tata Motors

Tata Motors, India’s leading automobile company, along with its authorised distributor, Sipradi Trading Pvt. Ltd., launches the reliable and efficient range of GenVoltz generators in Nepal. Designed, developed and extensively tested at the world-class R&D centre in India, the generators are powered by Tata Motors’ diesel engines and are perfectly suited to power a wide variety of applications. The heavy-duty GenVoltz gensets, known for low operating cost, high durability and reliability are available from 25kVa to 125kVA configurations, in both manual and automatic modes. The new range of gensets will help grow Nepal’s industrialisation by providing uninterrupted power supply in varied industries.

Commenting at the launch, Mr. R. Ramakrishnan – Global Head, Customer Care, Commercial Vehicle Business Unit, Tata Motors said, “We are happy to introduce a brand-new range of gensets, the GenVoltz, in Nepal. At Tata Motors, we continuously endeavour to bring state-of-the-art technology and new product innovations to the market to serve the emerging requirements of our customers. The new gensets, powered by reliable and efficient Tata Motors engines, will boost the growth of industries in Nepal. We are confident that Sipradi Group will support the new addition with the utmost commitment in sales and service, as they have been doing for our commercial vehicles for decades.”

At the event, Mr. Rajan Babu Shrestha, Chief Executive Officer, Sipradi Trading Pvt. Ltd. added, “Right from the inception of Sipradi Group, we have always looked at building a strong business portfolio that will cater to the interest of our customers. The launch of Tata Motors GenVoltz has added another feather to its cap in the mission to aid Nepal’s growth. With Tata Motors gensets, we are confident we will be the most reliable brand for power backups of all industrial and infrastructural needs.”

Tata Motors GenVoltz range of generators that are fuel-efficient, easy to maintain and compliant with the latest CPCB II emission norms. The engines, adapted exclusively for the gensets, are tough and highly durable. The GenVoltz range comes with the lowest operating costs per unit and will aid in increasing the profitability of its users. The GenVoltz range comes with world-class alternator and control system for long-lasting and safe operations. The versatility of these gensets make it easy for industries like construction, hospitality, SMEs, schools and infrastructure, to offer the perfect solution for customers’ needs.

Embassy of Nepal in India and PHDCCI India-Nepal Centre Organised “India-Nepal Partnership Summit 2022”
business

Embassy of Nepal in India and PHDCCI India-Nepal Centre Organised “India-Nepal Partnership Summit 2022”

Jun 9, 2022 by Praveen 0 Comments #Embassy, #ndia-Nepal Partnership Summit 2022, #Nepal, #PHDCCI India-Nepal

On the 75th year of its independence and glorious journey as the world’s largest democracy and one of the significant economies, India is celebrating “Azadi ka Amrit Mahotsav” that enlivens the spirit of all Indians and also the people of friendly neighbour Nepal that remarkably struggled for India’s independence. Among other positive attributes, the deepness and complementarity of India-Nepal relations come from the linkages of cooperation during India’s freedom struggle and later during its journey with developmental aspirations. On the other hand, India’s commitment for the peace and prosperity in Nepal has been unwavering and the most reliable bilateral ties between two friendliest countries aptly reflect that.

 

To celebrate India’s 75th year of independence (Azadi ka Amrit Mahotsav) and further deepening India-Nepal bilateral ties, the Embassy of Nepal in India (EoNI) and India-Nepal Centre (INC), PHD Chamber of Commerce and Industry (PHDCCI) organised India-Nepal Partnership Summit 2022 on 7th June 2022 at New Delhi.

 

“Civilizational links and geographical links are the key elements which can help to energize and reinvent the bilateral relations between India and Nepal,” said Amb K V Rajan, Chairman, India-Nepal Centre, PHDCCI & India’s Former Ambassador to Nepal in his opening remarks.

 

“Tourism is the mainstay of the Nepal economy and religious tourism is one of the key contributors to the Nepalese tourism industry. The relationship between two countries is very strong but this is the time when we have to think on accommodating the aspirations with changing times and further strengthen it. Our relationship should be nurtured,” said the Chief Guest & Keynote Speaker Amb Dr Shankar Prasad Sharma, Nepal’s Ambassador to India. Amb Dr Sharma shared that trade deficit between two countries remains a matter of concern, energy and agriculture sectors

“In April 2022, Nepal’s PM Sher Bahadur Deuba visited India which generated various opportunities for both the countries and built mutual interests including for infrastructure development and economic partnership, trade, health & power. For post-pandemic economic rebounding in both countries, a positive environment that is created with the Prime Minister’s visits from both sides in recent times will be utmost crucial,” said Ram Prasad Subedi, Deputy Chief of Mission, Embassy of Nepal in India. He added, “Nepal has already begun exporting 177 MW of energy to India via the power exchange market. The tourism sector of India plays a significant role in the economic multiplier and becomes critical since India has to grow at rapid rates and create employment opportunities for its fellow citizens.”

 

“The objective of today’s conference is to foster relationships and deepen the links, boosting the growth and prosperity of both sides. India is Nepal’s largest trade partner and the largest source of FDI, besides majorly providing transit for third-country trade of Nepal. There are three key areas where both nations are working right now are Trade Facilitation, Deepening Energy Cooperation and Cross Border Connectivity,” said Anurag Srivastava, Joint Secretary (North), Ministry of External Affairs, Government of India. He added, “Nepal becomes the 4th Country to use the RUPAY card after UAE, Bhutan and Singapore and the ways are being explored to further support financial connectivity. Also, it is vital to note the progress with the projects like railways (Jayanagar-Bardibas), Terai roads, Integrated Check Posts (ICPs), post-earthquake reconstructions.”

 

“India has been putting best efforts for fostering bilateral ties with Nepal and with a view that we have aligned objectives. We should prioritise three areas of cooperation: Energy Trade; Bio-agri and connectivity. Also we have to cooperate on climate change front,” said Amb Jayant Prasad, India’s Former Ambassador to Nepal

 

“Nepal is facing the challenges with financial liquidity and balance of payment, SBI (through NSBL) is doing its best to support the industry to overcome them. On the other hand, it is also true that SBI’s most profitable business outside India is in Nepal and that broadly reflects on the bright possibilities Nepal’s market offers,” Anukool Bhatnagar, Chief General Manager & Head-Nepal Desk, SBI. He added that “SBI is deeply committed to backward-forward linkages, smooth financial transactions, banking safety, financial inclusion and sustainable development goals. With the Arun-III power project and many others, SBI has been contributing to Nepal’s development and India-Nepal relations at large.” 

 

The key participants, among others were, Saurabh Sanyal, Secretary General, PHDCCI; Atul K Thakur, Nodal Coordinator, India-Nepal Centre, PHDCCI; Sandeep Rana, President, Antarrashtriya BP Chintan Pratisthan; Mahesh Kumar Agrawal, State Coordinator, Seema Jagran Manch; Akanshya Shah Rana, Policy Professional & Columnist; Bikas Rauniar, Executive Director, Interstate Multi Modal Transport (P) Ltd; Maj. Gen. (retd) Ashok K Mehta, Columnist & Commentator; Prof Jay Ranade; Maj. Gen (retd) Dipankar Banerjee, Mentor, IPCS; K Subramaniam, Columnist & Commentator; Rangan Dutta, Columnist.

 

The global pandemic Coronavirus or Covid-19 is being termed as a ‘one in hundred years’ crisis, therefore it is very well needed to evaluate and study India-Nepal bilateral relations through its lens now. A change in approach is much needed at this point of time, before the fundamentals of the world order go into reset mode, there should be determination to revive the regional and subregional economic cooperation in the South Asian region with enhanced bilateral cooperation between India and Nepal. PHDCCI India-Nepal Centre is working with the stakeholders in the government and industry to foster India-Nepal relations.

 

 

The Summit was sponsored by PHDCCI’s Annual Sponsors – Multani Pharmaceuticals Ltd; Star Wire; PG Industry; Uflex Ltd; DLF Ltd; Continental Carriers Pvt Ltd; Belair Travel & Cargo Pvt Ltd; Radico Khaitan Ltd; Jindal Steel & Power; MMG Group; Paramount Communications; Superior Industries Limited; JK Tyre & Industries Ltd; SMC Investments and Advisors Ltd; Crystal Crop Protection Ltd; Sagar Group of Industries; Samsung India Electronics; Comtech Interio; R E Rogers; AYUSH Herbs Private Ltd; Apeejay Stya Group; DCM Shriram; EaseMyTrip; Blossom Kochhar Beauty Products Pvt Ltd; Oswal Greentech; Trident Group; MV Cotspin Ltd; Synergy Environics Ltd; Ajit Industries Pvt Ltd; P S BEDI & Co.; Indian Farmer &Fertilizers Corporation Ltd; Jindal Steel; Hindware Sanitary; Modern Automobiles; Livit Ltd; Central Coalfields Ltd  ; Axa Parenterals; Bhagwati Plastic and Pipes Industries; J K Insurance Brokers Ltd; DD Pharmaceutical Ltd.