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NEWSLETTER #31
 
INDIAN DELEGATION TO VICENZAORO SPRING 2014
Global Benchmark for the Jewellery Sector: 10-13 May, Vicenza  

#The Italian Trade Agency (ICE) Mumbai is organising a fully sponcered delegation of representatives from the jewellery sector in India (TANISHQ, CARATLANE & TARA) to participate in the Spring edition of Vicenzaoro 2014 in Vicenza, Italy. Vicenzaoro is a unique and stellar event bringing together the industrial expertise and creative flair of the jewelry sectors in a harmony of ideas and knowhow on the inner working details of their profession. The event focus greatly on the evolving trends and changing patterns which the industry needs to stay updated with. While professionals and business men look to enhance their professional networking, they also display all their latest products and services to potential clientele.

To know more please contact at mumbai@ice.it

For more information on the event please click here

 
 
 
INDIAN DELEGATION TO XYLE EXPO 2014:
13-17 MAY, MILAN
  INDIAN DELEGATION TO LAMIERA 2014:
14-17 MAY, BOLOGNA

# Italian Trade Agency - (ICE) Mumbai is organising a fully sponcered delegation from India to participate in the upcoming Xylexpo 2014 in Milan, Italy. Xylexpo is the only exhibition that features such an exhaustive view of all the latest products. For five days, thousands of skilled professionals from all over the world will come to see the best woodworking technologies first hand, as well as the best materials and components for furniture manufacturing. The exhibition is an ideal place to catch up with old customers, to meet new ones, to build partnerships and to size up the international competition.

To know more please contact at mumbai@ice.it

For more information on the event please click here

#Italian Trade Agency - (ICE) New Delhi is organising a fully sponcered delegation from India to participate in the upcoming Lamiera 2014 in Bologna, Italy. LAMIERA is the event of solutions capable of optimising the management of machines and processes, providing systems with dynamic performance and operating flexibility, making production innovation investments safer and more effective. The exhibition is a point of reference for all operators from the manufacturing industry as a whole, LAMIERA focuses the attention of all user sectors on its exhibitors, from those consolidated (mechanical, transport, household appliances, maintenance) to emerging ones (energy, environment, electronics, biomedical)

For more information on the event please click here

 

 
 
MACRO ECONOMIC UPDATES
 
INDIA'S INFLATION RISES TO 8.31% IN MARCH 2014
 
#Retail inflation in March inched up to 8.31 per cent from 8.03 in February, mainly on account of a rise in fruit and vegetable prices. "Provisional annual inflation rate based on all India general consumer price index (combined) for March 2014 on point to point basis (over March 2013) is 8.31 per cent as compared to 8.03 per cent for February 2014," the central statistics office (CSO) said in a statement today. The corresponding provisional inflation rates for rural and urban areas for March were 8.89 per cent and 7.51 per cent, respectively. Inflation rates (final) for rural and urban areas for February were 8.43 per cent and 7.55 per cent, respectively.  For more information please click here
 
El NINO MAY IMPACT INDIA'S 2014-15 GDP & INFLATION
 
#An El Nino-induced below normal monsoon this year could have a bearing on India's economic growth and inflation in fiscal year 2014-15 may impact India's 2014-15 GDP, inflation. An HSBC report said inflation may remain sticky in the current financial year as a possible El Nino effect on the monsoon is likely to push up food prices and geopolitical uncertainties are likely to pump up global commodity rates. El Nino-induced drought poses a 50-75 basis points risk to India's FY 2015 growth forecast of 5.4 per cent and could result in a spike in inflation levels to around 8-10 per cent. For more information please click here
 
 
NEWS
 
SOLESA HAS INSTALLED ITS FIRST SOLAR HYBRID POWER PLANT IN TAMIL NADU, INDIA
 
#Solesa Solar Engineering Private Limited has successfully commissioned its first Solar Diesel Hybrid Power Plant in Coimbatore, Tamil Nadu. The system is able to generate electricity both when the grid is operating and when it is not operating thus enabling savings on diesel consumption and increasing the investment return for the project owner. The project owner has applied the Accelerated Depreciation to benefit from a fiscal point of view and practically reduce the project CapEx by almost 30%. The cost of diesel generation is Rs. 18/kWh ( 0.21 Euro) and solar is able to save more than Rs. 14/kWh (0.14 euro) for every unit of generation. The savings on grid cost and diesel consumption together increases the investment returns and reduces the project payback period.
 
THE IMPORTANCE OF INVESTING IN EMERGING MARKETS
 
#No "setback" but a constant desire of expansion and a look forward looking to emerging markets. World Capital Group is preparing for a 2014 of further development and growth. From six months in Indian country with the new headquarters in Mumbai, in addition to offices in Moscow, Shanghai and Beijing, the dynamic and young Milanese company now enjoys a strategic and international real estate network through markets becoming more interested and focused investment in Italy. For more information please click here
 
FIAT INDIA TO LAUNCH FOUR NEW CARS THIS YEAR
 
#Buoyed by the response to its cars, Fiat Group Automobiles India Private Ltd (FGAIPL), the fully owned subsidiary of Fiat Chrysler Automobiles, will be introducing four new models by December 2014. "Fiat has an exciting line up of products for this year. We have already launched our brand New Linea and will soon be coming out with New Punto. Avventura, a contemporary utility vehicle (CUV) will be making its global debut in India. We are also launching the Abarth brand with Abarth 500," Nagesh Basavanhalli, President and Managing Director, FIAT Chrysler Automobiles India.
 
 
UPCOMING EVENTS
 
5-8 MAY                PARMA: CIBUS PARMA 2014 - INTERNATIONAL FOOD EXHIBITION
 
#Cibus, International Food Exhibition, is the key event of the Italian agri-food sector, the true "platform" enabling the companies committed to "Made in Italy" food to meet the major distributors, importers and professional of domestic and foreign markets. More than 1,000 exhibitors from 55 countries are to showcase their latest products/services. 60,000 professional visitors and 900 journalists are expected to attend the show. In 2012, more than 63.000 qualified visitors, 13.000 of which from abroad, among which 1.300 foreign buyers coming from 90 countries, have been welcomed through the dedicated incoming program. For more information on the event please click here
 
8-10 MAY             MUMBAI: LED EXPO MUMBAI
 
#LED Expo Mumbai is the leading event of India that concentrates on the Electronic & Electrical Industry. The expo sets a new benchmark for the industry by displaying the varied technologies and new innovations that are taking place in the sector.The expo will help the industry to give complete focus on it and maintains a good and bright future. The products and services that will be exhibited in the sector will include all the quality products and items that maintain a good standard. The exhibitors will get a great platform to showcase their products and services and launch new products and designs that will be very beneficial for their company. For more information please click here
 
16-18 MAY           CHENNAI: ROOF INDIA 2014
 
#With the thematic focus on the roof construction system, Roof India will hold a display of an extensive range of products and services. It will stand out as a connective ground for the world class exhibitors and high end users. The exhibitors will showcase roofing systems, achitectural cladding, facade engineering, roof waterproofing, pre engineered buildings, spaceframes and more. In this additions forum will attract architects, structural engineers, civil engineers, quantity surveyors, roofing or civil contractors, real estate promoter or builders, consultants, factory or warehouse builders, town planners, landscape architects, key personnel from logistics companies. For more information please click here
 
21-24 MAY           CARRARA: CARRARA MARMOTEC 2014 - MARBLE TECHNOLOGY DESIGN SHOW
 
#Carrara Marmotec will offer unlimited business potential for making an entry into Stones, Marble & Granite Supplies industry. Profile for exhibit include Marble, Granite, Onyx, Travertine, Diamonds, Slate Stones, Blocks, Raw Blocks, Marble Machinery, Block Cutting Machinery, Caterpillars, Quarry Equipments, Automatic Equipments, Hydraulic Systems, Packing Systems, Accessories, Spare Parts, Generators, Exterior and Interior Facade Coatings, Profile Floor and Coating, Plate Products, Sectoral Prints, Electrical Manual Tools, Adhesives, Corrosives, Logistic Companies. For more information please click here
 
29-31 MAY            PUNE: 8th AUTOMOTIVE ENGINEERING SHOW
 
#Automotive Engineering Show - Pune is a 3 day event being held at the Auto Cluster Exhibition Centre in Pune, India. This event showcases products like automotive components and manufacturing equipment, vision systems, metrology devices, robotics equipment, laser cutting devices, productivity enhancers, metal cutting tools and much more machines etc. in the automotive industry. As a visitor you can expect to meet with exhibitors ranging from the biggest giants to the brightest innovators in the automotive engineering industry; in the most professional trading environment that the Automotive Engineering show offers. For more information please click here
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This newsletter is compiled & edited by the Italian Trade Agency office in Mumbai. ©