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NEWSLETTER #25
 
THE BEST OF ITALY AT INDIA INTERNATIONAL JEWELLERY SHOW'13
Exhibition on Jewellery & Machinery for Jewellery at Bombay Exhibition Centre: Mumbai 8-12 August  

#India International Jewellery Show is prestigious fashion jewelry show which aims in providing the finest range of jewels designed by the well known personalities. This year 9 Italian companies - Leading Italia Jewls SRL, Siji Italia SRL, CDI SPA, DML SRL, Essepi Gioielli SRL, Fasti Industrial, Orotig SRL, Sisma SPA, G.B. Mechanica will be participating at this event. Over the years, this show is the most visited jewelry show which demonstrates the best and exclusive range of jewellery items. The exhibitors come face to face with the rival companies as well as also come to know about the intensity of the competition in the market.
For more information please click here

 
 
 
3rd ECONOMIC GLOBAL SUMMIT 2013 : 23-25 SEPTEMBER, MUMBAI   EXPO MILANO 2015 - WORLWIDE EVENT ON FOOD: JUNE 2015, MILAN

# The All India Association of Industries (AIAI) and World Trade Centre, Mumbai are jointly organizing the third edition of Global Economic Summit on "Clusters in One World: Perspectives from Many Nations" at World Trade Centre, Mumbai. The three-day, high-level Summit will deliberate on the role of clusters in supporting industrial development and facilitating inclusive growth. The participation of Clusters from your region/country is vital as this will add value as well as facilitate networking for cross cluster commercial co-operation between the participating clusters from across different nations. The Summit will address the global challenges, the ability to build new competitive strengths, capacity building, creation of employment & forging links with global clusters.
For more information please click here


#Expo 2015 will be an amazing, once in a life-time experience which will attract all types of tourists: traditional, conservative, those concerned about world hunger, foodies, food industry professionals, students and just anyone who enjoys food. More than 20 million visitors are expected to attend from all corners of the planet, meaning much opportunity for the tourist industry. Tour Operators collaborating with Expo 2015 as authorised resellers will be permitted use of a specific logo and may use Expo tickets as leverage for package offers. To discuss reseller interest, volume requirements, promotional intentions contact at ticket.resales@expo2015.org or click here

 
 
MACRO ECONOMIC UPDATES
 
GOLD IMPORTS OF INDIA RISE IN JULY 2013
 
#Gold imports in India, the world's biggest buyer of the metal, rose in July, from 31.5 tonnes shipped in June. The measure to curb imports had effect in June '13, but imports had risen in July, said the finance minister, without giving details for the gold imports in tonnage or value terms for July. India, which imported 304 tonnes of the yellow metal in April and May, tied the imports of the yellow metal for domestic consumption to exports. For more information please click here
 
INFLATION RISES TO 4.86% IN JUNE 2013
 
#With the falling rupee putting pressure on prices and untimely rains having impacted production of vegetables, inflation rose marginally to 4.86 per cent in June, breaking a four-month-long declining trend. Items like onion, rice and other cereals along with vegetables became costlier putting pressure on prices, a development that could have a bearing on Reserve Bank of India's first quarter monetary policy review that comes up on July 30. The inflation based on the Wholesale Price Index (WPI) had stood at 4.70 per cent in May. Food inflation rose to 9.74 per cent, driven by rise in prices of onion, cereals and rice in June, against 8.25 per cent in the previous month. For more information please click here
 
 
RULES & REGULATIONS
 
GOVT. CLEARS 100% FDI IN DEFENCE, TELECOM
 
#The Congress-led United Progressive Alliance (UPA) has allowed 100% foreign direct investment (FDI) in defence and telecom. The decision, part of a package that not only raised FDI limits in select sectors and eased red tape by allowing more investments through the automatic route, comes at a time when the government is desperate to demonstrate its commitment to economic reforms and improve dollar inflows to shore up the rupee. For more information please click here
 
 
NEWS
 
ISTITUTO MARANGONI'S OPENS ITS FIRST OFFICE IN MUMBAI
 
#Istituto Marangoni is a world famous and prestigious leading Italian-origin fashion and design institute with campuses in Milan, London, and Paris. The institute spent over 77 years in the fashion industry and has 3 generations of professionals. The Institute was founded in 1935 in Milan, Istituto Marangoni has a history that is inextricably linked to the Italian fashion industry, with a central role in its growth. In the last 77 years, 3 generations of fashion professionals have been educated from Istituto Marangoni: over 40,000 graduates, coming from the 4 different corners of the world, who represent a legacy that successfully links them to the fashion industry throughout the world. The office is located at 301 Anand Center, 105 Dr. Ambedkar Road, Bandra West, Mumbai. For more information please click here
 
WAAREE GROUP ACQUIRES CESARE BONETTI S.p.A., ITALY'S LEADING VALVE MANUFACTURER
 
#WAAREE Group, with its headquarters in Mumbai, India has acquired 100% stake in CESARE BONETTI, etching a new chapter in BONETTI's 108 years of illustrious history. This acquisition brings with it a fresh wave of transformation and global synergies, combining the manufacturing and innovation excellence of CESARE BONETTI with the customer reach, diversity and global reach of WAAREE group. This development is significant and in line with WAAREE group's constant endeavour to bond with the best in the world in terms of engineering and manufacturing excellence and channelize the technological edge thus making it more available and affordable to the customer. For more information please click here
 
ITALIAN AUTO COMPONENT FIRM BUYS SANSERA ENGINEERING
 
#Streparava Holding SPA, an Italian automotive parts maker, has bought joint venture partner Sansera Engineering Pvt. Ltd's 51% stake for an undisclosed sum. Streparava earlier held 49% equity in the joint venture. Sansera + Streparava Engineering Pvt. Ltd, located in Bangalore, will now become Streparava's wholly owned unit. The company supplies products to more than 20 auto makers in India and abroad. In the year ended 31 March, it reported a revenue of Rs.550 crore. Streparava makes rocker arms, chassis components, bearing cups, valve bridges and other powertrain components for trucks and buses. The Italian company is also present in Brazil, Spain and China. For more information please click here
 
BLOOMBERG TV INDIA SUSTAINABLE BUILDINGS SUMMIT 2013: MUMBAI & PUNE
 
#Bloomberg TV India Sustainable Buildings Summit 2013 is a comprehensive one day conference that would focus on bringing forth the vision and regulations from policy makers, challenges and opportunities faced by the developers and highlight sustainable designs. The forum will bring together experts from the sustainable and building industry to debate on building codes from the government and sustainable practices and policies while focusing on issues that go beyond ratings for sustainable buildings. To know more about how your organization or brand can benefit using this initiative, please contact at james.antony@bloombergtvindia.com or pallavi.choudhary@bloombergtvindia.com
 
SHORT FILM ON '84 RIOTS "KUSH" TO PREMIER AT 70th VENICE FILM FESTIVAL, VENICE
 
#A lone Sikh boy among a group of students, a school picnic, a protective teacher and the dark backdrop of the 1984 riots. That's the brief of Subhashish Bhutiani's 20-minute drama 'Kush', the only Indian movie to have made it to the 70th edition of the world's oldest film festival at Venice (Italy), to be held from August 28 to September 7. The Hindi film, titled after the Sikh boy's character Kush, will be premiered at the festival's Orizzonti (Horizons) section dedicated to new trends in world cinema. Behind the movie - whose cast includes Sonika Chopra, Shayaan Sameer and Anil Sharma - is a real-life inspiration. Mumbai-born, Mussoorie-bred director Bhutiani (22) made it as his graduation project at New York's School of Visual Arts. For more information please click here
 
 
BUSINESS OPPORTUNITIES
 
PROPOSAL FROM AN INDIAN COMPANY 'SA UNITED'
 
United has been active in the export business since February 2013. We have an expertise in agriculture over eight generations and have grown into an independent trading company. We strive to supply customers with the best quality goods at competitive prices at all times. Quality assurance and on-time delivery is of prime importance to us and this gives us a strong edge in a very competitive market. Our hands-on approach from source to market and complete dedication to detail provides our customers with peace of mind and quality assurance at all times. For more information please contact at saunited.exporters@gmail.com
 
 
UPCOMING EVENTS
 
8-12 AUGUST       MUMBAI: INDIA INTERNATIONAL JEWELLERY SHOW 2013
 
#India International Jewellery Show is prestigious fashion jewelry show which aims in providing the finest range of jewels designed by the well known personalities. This show is the best one which is known to be the ultimate platform for the jewelry industries where the exhibitors get to explore their business strategies. Over the years, this show is the most visited jewelry show which demonstrates the best and exclusive range of jewelry items. The exhibitors come face to face with the rival companies as well as also come to know about the intensity of the competition in the market. For more information please click here
 
16-19 AUGUST      MUMBAI: INDIA FURNITURE EXPO 2013
 
#India Furniture Expo organized by Introductions Trade Shows Pvt. Ltd and Association of Furniture Manufacturers and Traders will be one of the largest expos in this region. This expo will showcase latest products and will create opportunities for attendees to expand their market. This will be the ideal platform for exhibitors to create brand awareness among potential customers. The expo in Mumbai is expected to attract exhibitors and visitors from overseas and from all across India. Retailers, architects and buying groups will discuss about the emerging trends of furniture industry. For more information please click here
 
22-25 AUGUST      NEW DELHI: MODERN MACHINE SHOP 2013
 
# This show is an international exhibition of all the products and equipments related with manufacturing, technology and production. The show is organized by the Indian Machine Tool Manufacturers' Association. This is a one stop shop for all the products and technologies related with the engineering industry and this will also help in the growth and development of the sector. The attendees of the event will get an opportunity to meet and interact with the professionals and get a chance to communicate with them and gain valuable information about the sector. For more information please click here
 
23-25 SEPT      MUMBAI: 3rd ECONOMIC GLOBAL SUMMIT 2013
 
# The All India Association of Industries (AIAI) and World Trade Centre, Mumbai are jointly organizing the third edition of Global Economic Summit on "Clusters in One World: Perspectives from Many Nations" at World Trade Centre, Mumbai. The three-day, high-level Summit will deliberate on the role of clusters in supporting industrial development and facilitating inclusive growth. The participation of Clusters from your region/country is vital as this will add value as well as facilitate networking for cross cluster commercial co-operation between the participating clusters from across different nations. The Summit will address the global challenges, the ability to build new competitive strengths, capacity building, creation of employment & forging links with global clusters. For more information please click here
 
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This newsletter is compiled & edited by the Italian Trade Commision office in Mumbai. ©