GLOBAL INDIA BUSINESS FORUM PRESENTS

THE BUSINESS ACTIONS DELIVER RESULTS

TYCOONS AUGUST 2020

BUSINESS OPPORTUNITIES IN
SECTOR REVIEW
..GOLD SECTOR SOUTH AFRICA
MANUFACTURING SECTOR
MALI
INDRAJIT GHOSH
GLOBAL AMBASSADOR OF AHRI FOR SAARC COUNTRIES.

ANIRUDDH MUKHOPADHYAY
FOUNDER
MAPLEROADS IMMIGRATION

GIBF

"Everyone has the KEY, its just a matter of using it right”

 THE BUSINESS TYCOONS
ACTION DELIVER RESULTS
August - 2020 Magazine GIBF’S
About GIBF 04 STRENGTH
GIBF Webinar Series 05
Memorandum Of Understanding - GIBF 08 90,000+
“Having an Angel to Watch Over You is Cool! 09 Associate Members
But Do You Know What's Really Cool? An Angel With Money!”
Why Join GIBF 10 Members from
Aniruddh Mukhopadhyay - Founder & Chairman - Mapleroads Immigration 12
Baljinder Singh Rathour -
Director/ Founder, London Investment Immigration Education Ltd.,
14 78
Countrie’s
London Online College Ltd.
Indrajit Ghosh - Global Ambassador Of AHRI for SAARC Countries. 16
Sector Review - Gold 19 250
Charles Owusu Akyea - 21 Business Affiliations
Managing Director, Regeneration Development Agency
Shubham Maheshwari - Founder, Being Chef
Top Mergers & Acquisitions
22
24 5000+
Ragunath Manoharan - CEO, RM Group 26 Corporate Members
Infocus: South Africa 27
Devendra Chougule - Founder, Texone Group 32
Engineering Excellence Awards 34
Sector Review - Manufacturing 35
Infocus: Mali 39
Upcoming GIBF Joints Events & Trade Fairs 46
Past GIBF Joints Events & Trade Fairs 48

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Publisher - GIBF Associates Private Limited, India.

Global India Business Forum

THE BUSINESS TYCOONS
ACTION DELIVER RESULTS
e- Magazine : Upto date business news and inspiring stories
www.GIBF.biz | www.TheBusinessTycoons.com
 While there is a lot of chaos around, it is a crucial time for
businessmen to turn into visionaries for their businesses and
look for international opportunities or opportunities they can
create during this time. It is important now, more than ever, to
have a long-term vision when it comes to growth of their
business. And Global India Business Forum (GIBF) will help
these countries have a global reach as it is a networking
platform that helps businesses identify business opportunities
in other countries and helps explore them. GIBF also helps
businesses connect with different embassies, thus enhancing
a business's opportunity creation ability. GIBF also plans to
bring in delegates representing different countries which will
further help businesses across different spectrums connect
with these delegates on a deeper level.
Also, as businessmen, you are always on the lookout for ways
to grow your business and your business can grow only when
people know that your business exists. And there is no better
way for people to know about your business than advertise
President’s Message your company in The Business Tycoons magazine. The main
reasons why you must choose this magazine are because your
promotions for your business can reach up to 20 million
As the COVID-19 pandemic is gripping the world, it has
businesses and you can also connect to more than 160
adversely affected the market opportunities for business in
different websites on the GIBF platform that will help you get a
various sectors as well. Different sectors are facing different
better idea of who can be your ideal business partner.
kinds of problems, be it in terms of investment, business
The current phase that we as individuals and businessmen are
profits, financing of projects or producing goods to bridge the
going through is no doubt, a challenging one. However, getting
gap between demand and supply. Thus these factors are
stuck to the negative aspects of this phase is of no use. It is
negatively affecting a company's ability to cash-in on the
important to stay positive and look for opportunities in the next
latest market opportunities.
year, i.e. 2021. There is still hope for businesses to prosper as
Not only have the market opportunities been affected, but the
there might be chances of generating better business and
mode of conducting business has changed too. Sometime ago,
revenues in future. Hence, it is important to not lose sight of
when there was an option to conduct physical business, with
your goal and keep going with your heads held high.
the pandemic that option is scarcely available today.
Nowadays, businesses in various sectors are going online to
catch up with the trend of 'going digital'. The construction
sector, for example, is coming up with a unique tool called Dr. Jitendra Joshi
'COVID Space Planner' which will help the sector come up with Global President – Global India Business Forum
innovative ideas to keep workplaces safe and free from the
pandemic.
The customer's expectations have also increased from these
companies as a customer would always want high quality and
hygienic products especially during trying times like these.
However, customers also fear of contracting the virus through
physical contact with shopkeepers and hence small-scale
groceries and other brick-and-mortar businesses have seen a
steep decline in their revenues.
With all the things going on around the business world, it is
now even more important to deeply analyse the business that
has been done before COVID-19. This might give businessmen
a good idea of how to move ahead during these difficult times. Global India Business Forum
It is equally, if not more, important for businessmen to be THE BUSINESS TYCOONS
ACTIONS DELIVER RESULTS
practical about their ambitions. This is clearly not the time to e- Magazine : Up to date business news and inspiring stories
take giant leaps of faith or become overambitious, while taking www.GIBF.biz | www.TheBusinessTycoons.com
business decisions which might result in doing more harm
than good.
 About GIBF

India is a fast growing country and an emerging Super Power. With Indian
Government's drive for “Make in India" and “Skill Development”, there are ample
opportunities for both Indian and Global companies to run start-ups and make
exponential growth in all business sectors.

In such a dynamic and vibrant business scenario, to promote synergy, a need for the formation of a common platform was felt.
The idea was perceived and progressed further by Dr. Jitendra Joshi, a successful businessman and visionary who has over a
25+ glorious years of experience, in Manufacturing and Service Industries at Senior Level Management in numerous MNCs.
-
To fulfil this need and to bring together business professionals from various segments like Automobile, Engineering, FMCG,
Chemical, Pharmaceuticals, Electronics, Heavy Metal, Service Industry etc, Global India Business Forum (GIBF) was created.
GIBF will consist of members from all fields of business, industry, academics and other professions without any segment
boundaries. GIBF has its head office in Delhi, Corporate Office in Pune, India and Global offices in Dubai, USA, UK, Singapore and
China. It also has at presence Mumbai, Chennai, Ahmedabad, Kolkata & in all other metro-cities of India.

VISION MISSION VALUES

Creating and building a World
Business Community for the
prosperity of businesses
globaly.
To provide a common platform
for businesses and entrepreneurs
to share their ideas & experiences for
entrepreneurial development.
We value holistic growth, humanistic
diversity and are committed to
professionalism, excellence,
community involvement,
accountability and timely progress
with ethical values.

- -
-

4
 GIBF WEBINAR SERIES
ICIB & MAURITIUS

Indian Chamber of International Business (ICIB) had conducted a webinar on the topic “Doing Business with Mauritius: India's Gateway to
Africa” in association with Global India Business Forum and the Consulate of the Republic of Mauritius, which saw experts of the business and
commerce world discuss about the potential of Mauritius as a country to generate attractive business opportunities for other countries across
the world. The panelists of the event were some of the most renowned experts of their fields. These panelists were Mr. Seewraj Nundlall,
Counsellor, Consulate of the Republic of Mauritius and Mr. Vishwajeet Cheetoo, Officer in-charge, Consulate of the Republic of Mauritius.
The meeting also included other panelists like Mr. Javin P. Oza, President, Indian Business Council, Mozambique, Mr. Saurav Chatterjee,
Director and CEO, CARE Ratings (Africa) Pvt. Ltd., Mr. Manpreet Singh, President, ICIB, Ms. Anjali Jalota, Commercial Representative, High
Commission of India, Mauritius among others. Dr. Jitendra Joshi, Global President GIBF was also present as a fellow panelist.

GOVERNMENTS' FOCUS ON SAVING LIVES AND LIVELIHOODS

Mr. Seewrag Nundlall pointed out that the main focus of each country due to the pandemic has been to save lives and livelihoods of their
people. The economic activities have taken a hit to such an extent that almost all the countries are on the verge of an economic breakdown and
the world economy has slowed down to a great extent. The need to use the digital platforms to keep businesses going has now become the
need of the hour and it is now important to focus on these digital platforms to ensure that businesses recover from their losses.

INCREASE IN E-COMMERCE ACTIVITIES AND STRAIN ON SUPPLY CHAIN:

One of the examples that Mr. Nundlall pointed out was the enormous increase in the e-commerce activities and this rise is being particularly
observed in the healthcare sector, with medicine supply becoming an online process. In short, the pandemic has opened up new markets in the
e-commerce industry. However, he is also quick to talk about the flip-side of this situation which is an increased disruption in the supply-chain
activities. Governments across the world are becoming over-dependent on a few strong suppliers which is creating a strain on the entire
supply-chain.

MAURITIUS AS A POTENTIAL TRADING PARTNER

However, Mr Nundlall also spoke about Mauritius being the most favoured country for doing business in Africa as the country is a part of many
regional trading blocs, i.e. Common Market for Eastern and Southern Africa (COMESA) and Southern African Development Community (SADC).
Many Indian companies that have their manufacturing plants in Mauritius enjoy duty-free access to these markets which possess a combined
market potential of 600 million consumers. And hence, CFDA will provide a single platform to traders and consumers of Africa, thus exposing
the true trading potential of Mauritius as a trading partner.

5
 GIBF WEBINAR SERIES

EVENT &
ENTERTAINMENT INDUSTRY

GIBF had conducted a webinar on August 31, 2020 on the topic “Future of the Entertainment Industry” which saw experts from the
entertainment industry discuss the problems faced by the industry during the pandemic. The webinar saw experts like celebrity
choreographer Dr. Sandip Soparrkar, Bollywood singer and music composer Miss Vaishali Samant, aMarathi actor and anchor Mr. Pushkar
Shrotri and CMD, Planet Marathi & Producer Akshay Bardapurkar, who talked about how the industry has faced a complete slowdown due to
the cancellation of events. Dr. Soparrkar, one of the panelists confessed that the recovery stage of the entertainment industry would be very
slow as the industry would need a lot of support from all sided to get the entire industry back to normal. Ms. Vaishali, on the other hand, stated
that now that everyone is using digital media of some kind, it is a boon of sorts for music professionals as with the help of digital media, they
would be able to have a wider audience for their music.

POPULARITY OF DIFFERENT GENRES OF MUSIC DURING LOCKDOWN

Ms. Vaishali also pointed out that there is a rise in the popularity of indie music and the artists associated with Indie music are gaining immense
popularity thanks to the huge number of social media platfroms that make it easier to access the music albums of these Indie artists. This has
given rise to healthy competition between music label magnates and indie artists to give the best possible experience to the listeners. Also,
many of these label honchos are bringing many independent artists on-board to give a platform to their music which would help them gain a
wider reach. She also said that the music industry has now gone global where people across the world now have access to different kinds of
music and that the borders of music are now blurred.

NEW OTT PLATFORMS AND 'DIGITAL THEATRE'

Renowned actor and filmmaker Mr. Pushkar Shrotri pointed out that when people approached him for live shows, he asked the organisers to
charge a small fee for attending the shows and also charged a small remuneration. The people were willing to pay and watch as long as they
produce quality content to the audience. He also identified the need to bring in an older audience so that they are also able to benefit from the
OTT (Over the Top) platforms during the lockdown. And this is how the first Marathi OTT platform 'Planet Marathi' was born between December
and January 2019. This platform is literature and theatre-based platform and has a Marathi theatre background of over 175 years! The
platform would showcase content for all ages, right from 8-year-olds to 80-year-olds. The main focus of this platform is to give the highest
possible quality content and to break away from the assumption that all OTT platforms have nudity and abusive content in them.
Mr. Shrotri hopes to bring the entire Marathi entertainment industry on his OTT platform 'Planet Marathi'. He, along with Mr. Akshay
Bardapurkar are also planning to bring in the concept of 'Digital Theatre' wherein the audience can enjoy all the unreleased Marathi films on
their 'Digital Theatre' from the comfort of their homes.

6
 GIBF WEBINAR SERIES
ETHIOPIA

Global India Business Forum recently conducted a webinar on the topic 'Business Opportunities in Ethiopia' which saw the Counsel General of
the FDRE Ethiopian Consulate, Mumbai, India as the chief guest of the webinar along with Dr. Jitendra Joshi, Global President, GIBF and Ms.
Deepali Gadkari, Global Coordinator, GIBF.
The Counsel General of Ethiopia spoke about how India and Ethiopia can come together to create great opportunities for conducting business
in both the countries, thereby enhancing the business ties between these countries. He also said that Ethiopia has huge potential to create
business opportunities in the field of agriculture, especially coffee cultivation as Ethiopia is popular for its coffee production. Ethiopia being the
single largest exporter of flour also poses great business opportunities for other countries across the world. The country also imports a lot of
machinery and agro-chemicals from other countries which is another great way creating investment opportunities in Ethiopia. He spoke about
business opportunities being a means of partnership with other countries and strengthening trade relations thereby.

BUSINESS OPPORTUNITIES IN ETHIOPIA:

Since coffee is the largest export of Ethiopia, a lot of businesses dealing with coffee and its by-products can be successfully established. In
fact, Starbucks buys most of its coffee beans from Latin America with 2% coming from Ethiopia.The agriculture sector of Ethiopia is among the
highest contributors to the country's economy, so much so that in 2019, the contribution of the sector to the country's GDP was 33.88%

IMPORTS AND EXPORTS OF ETHIOPIA

Imports in Ethiopia amounted to around $8.4 billion in 2019, which was a decrease of -48.5%since 2015 and -13% between 2018 and 2019.
China makes for 18% of the imports of Ethiopia, also making it the country's largest importer, followed by Saudi Arabia at 13% and the United
States at 9%.Also, Ethiopia's exports formed 89.2% of the total value of the Ethiopian shipments to the world. Also, some of its main exports are
primarily food and livestock.

TOP EXPORTS OF ETHIOPIA:

Coffee, tea and spices were the chief exports of Ethiopia to the world with an export percentage of 32.6% of total exports. Oil seeds took the
second place with 18.7% of total exports.
Out of the above mentioned products, coffee has been the top scorer and has also resulted in giving highly positive net exports to the country.
Ethiopia also has a stronghold in the tea and spices categories.

TOP IMPORTS BY ETHIOPIA

Machinery formed the largest chunk of imports in the economy with 19.3% of total imports.
The economy spent most of its finances in buying machinery like turbo-jets, centrifuges, filters and purifiers, refrigerators, liquid pumps and
elevators and many more such items.
Out of these imports, buying of refrigerators, freezers, turbo-jets and other miscellaneous machinery grew at the fastest pace between 2018
and 2019.

7
 MEMORANDUM OF UNDERSTANDING - GIBF

Global India Business Forum has signed MoU with ICIB, DCCIA & SGMA for recognizing the mutual
interest & the benefits of support & combined efforts towards the development of business.

Indian Chamber of International Business

Indian Chamber of International Business is one of the leading organisations in
India that supports and assists Micro, small and medium companies to grow
globally by means of increasing exports, importing the latest technologies and
machinery, encouraging joint ventures with leading international companies,
investing in developing and developed markets for growth and expansion, all
while ensuring protection and sustainability of environment and our surroundings.
To consolidate and organise the MSME sector of India.
To take Indian companies global.
To interact and take up causes of MSME with the government authorities.
Interaction with foreign governments, agencies and associations.
To partner with global chambers for betterment of Indian businesses

Global India Business Forum has signed an MOU with TIIKM, AIPMA & MSMECCII for
recognizing the mutual interest & benefits of support & combined efforts towards
the development of business.

Deccan Chamber of Commerce Industries & Agriculture, Pune

DCCIA Pune is one of the most active Chambers of Commerce in Maharashtra having
strength of 180 members in and around the Industrial Belt of Pune. DCCIA strives to
foster a congenial atmosphere for promotion and development of Industries in
Industrial region. During the course of past 25 years, the Chamber has become an
effective Intermediary in representing the Industry at the Ministerial and
Departmental levels of the Government. One of the main objectives of DCCIA is to
promote greater cooperation between member industries & to bring them on a
common platform. DCCIA always endeavours to work towards maintaining peaceful
and harmonious Industrial relations along this Industrial Belt of Pune. The Chamber
also works to promote Foreign Trade and Global Business to the benefit of the
members through tie ups with Foreign Chamber and other reputed organizations
such as the World Trade Centre.

Solapur Garment Manufacturer's Association

Solapur Garment Manufacturers Association (Sri Solapur Readymade kapad Utpadak
Sangh) was formed for promoting garments manufactured in Solapur on E-
marketplace. Solapur is an unexplored garments manufacturing market. Since
Independence, the garments manufacturing industry exists in Solapur. More than
1000 Big & Small garments Manufacturers exist in Solapur. Solapur Garment Industry
mainly produces School Uniform, Industrial Uniform, Mens Wear, Boys Wear, Girls
Wear, Kids Wear Etc. Many manufacturers in Solapur are currently supplying
garments made in Solapur to some big buyers around India. Garments manufactured
in Solapur are also getting directly Exported from Solapur.

8
“Having an angel to watch over you is cool!
But do you know what's really cool? An angel with money!”
The Entrepreneurship Cell (E-Cell) of the Indian Institute of Technology Bombay hosted the sixth edition of 'The Ten Minute Million Challenge',
as a part of its annual flagship event - The Entrepreneurship Summit on 1st and 2nd February 2020.

TTMM aims to provide early-stage start-ups with an

opportunity to cut short the fundraising process and
revolutionize the way fund-raising is traditionally
viewed. Nascent start-ups looking to raise an
investment get an opportunity to do so in this on-the-
spot funding event.
This time 8 startups out of a total of 500+ applicants
made it to the final round. Each of them had 10 minutes
to pitch their idea in front of an esteemed panel of angel
investors and venture capitalists.

The investor panel consisted of Ajeet Khurana; Sanjay

Mehta- Founder & Partner 100X.VC; Anoop Mathur-
Founder & President, CORE Media; Bharatt Banka,
Angel Investor, and others.

Out of the eight shortlisted startups, three startups -

Trawello, Scogo and Newsreach raised INR 8.4 Million,
INR 2.6 Million and INR 1.6 Million respectively in the
bidding process. These amounts raised by the startups
were scaled down to an investment worth INR 1.6
Million.

The previous five editions of TTMM have witnessed an

overwhelming success. With 1 out of every 2 startups
winning investors' praise with their pitches and investment worth INR 1.6 Million for every successful pitch, the event has received wide
acclaim from experts as well as media.

Global India Business Forum

THE BUSINESS TYCOONS
ACTION DELIVER RESULTS
e- Magazine : Upto date business news and inspiring stories
www.GIBF.biz | www.TheBusinessTycoons.com

9
 “Everyone has the KEY, it’s just a matter of using it right.”

WHY JOIN GIBF

GIBF aims to form a Global Business Community for large scale international networking.

The Business Tycoons - Magazine by GIBF is a fantastic platform to promote businesses reaching out to over 50 million
businessmen and professionals globally

GIBF knows the value of appreciation and hence, Award Ceremonies are organized at International, National and State level
to recognize and appreciate successful brands, business leaders and young entrepreneurs.

Furthermore, various 'Success Stories' are acknowledged and appreciated by the forum in a special edition of the The
Business Tycoons - Magazine and on digital social media platforms.

GIBF is an excellent platform to promote Trade fairs from across the globe, where you are also guided with the best Trade
fairs to participate in, and to broaden your business horizons. You can register for such Trade fairs through GIBF.

GIBF helps its members to get valuable information of important tenders for big projects, contracts and procurements.

The forum provides help, representation and guidance to companies or entrepreneurs in matters involving Government
Authorities and Agencies.

GIBF is a one stop centre for all business development activities and it is confident of opening up potentially important
markets as well as great business avenues for its members.

10
11
 Mapleroads Immigration is very system-
driven and follows a very structured
approach wherein the steps involve a
thorough assessment of the client's
profile, eligibility check followed by an
initial consultation, document review,
paperwork, documentation and
submission. A career overseas is a very
fulfilling experience. However, it can also
be a bit daunting in the initial phase.
Mapleroads Immigration strives to make it
a smooth transition. For them, the client is
not just a number. They want each client to
come out with flying colours as their
success lies in the success of their client!
Aniruddh Mukhopadhyay
Founder Mapleroads Immigration About Mr. Aniruddh Mukhopadhyay
Mr. Aniruddh Mukhopadhyay, RCIC is an
Career Beginnings and Starting a Business alumnus of CDI College (Canada), Erasmus
Since his childhood days, Mr. Aniruddh Mukhopadhyay dreamt of becoming a University Rotterdam, and National
successful entrepreneur. He had his goals set from the very beginning. Canada was University of Singapore. He studied
his dream destination. He started planning to move to the land of his dreams for a immigration law in Canada and is a
bright future and a world class lifestyle as soon as he completed his high school. member in good standing of the
Back in the day, when he came to Canada for the first time, he was amazed to see how designated regulatory body (ICCRC) in
cosmopolitan and diverse it was. There were people from all over the world, even Canada. He is a licensed immigration
from countries he had never heard of. counsel and provides legal advice on
Canadian immigration matters. Mr.
Canada has been the land of immigrants dating back to the first European colonizers Mukhopadhyay was awarded by Erasmus
of the 16th century. The waves of immigration have never stopped since and only got Centre for Entrepreneurship during his
stronger with time. More recently, Canada has seen the greatest influx of immigrants college days. He was selected for the
and students from India. Hailing from India himself, he knows how thousands of coveted LaunchLab program at YES!Delft,
aspiring candidates get misguided and cheated by agents claiming to be one of the leading business incubators in
immigration experts. Europe.
Hence, he decided to study immigration law in Canada and become a licensed
counsel to offer the right advice and guidance on Canadian immigration matters to
Vision and Mission
people who want to make their dreams come true. Currently, Aniruddh
Mukhopadhyay, RCIC is a member in good standing of the designated regulatory
Vision: Mapleroads Immigration aims to be
body (ICCRC). In Canada, ICCRC is the national regulatory body that promotes and
the most trusted and largest Canadian
protects the public interest by overseeing regulated immigration and citizenship
immigration firm with a global presence
consultants and international student advisors.
by 2025.
ICCRC's federal mandate stems from the Immigration and Refugee Protection Act
(IRPA) and the Citizenship Act which require anyone providing Canadian immigration Mission: Mapleroads Immigration is
or citizenship advice or representation for a fee or other consideration to be a committed to provide honest, ethical and
member in good standing of ICCRC. Exceptions are members in good standing of a solution-oriented immigration advice and
law society in Canada or the Chambre des notaires du Québec. Individuals providing maintain its credibility and consistency in
Canadian immigration/citizenship services abroad are subject to Canadian law even all its endeavours! Mapleroads
if they reside outside of Canada. Aniruddh Mukhopadhyay, RCIC provides legal advice I m m i g ra t i o n h a s a c l i e n t - c e n t r i c
on Canadian immigration matters, in compliance with the regulations set by ICCRC. philosophy and customer satisfaction is its
utmost priority.
Introduction to Mapleroads Immigration
Aniruddh Mukhopadhyay, RCIC is the founder of Mapleroads Immigration, a Canadian
immigration firm based out of Toronto, Ontario, Canada. It is registered with the
designated regulatory body (ICCRC) in Canada and licensed to offer Canadian
immigration assistance. It offers a plethora of services including assistance with
student visa, Permanent Residence, Express Entry, Federal Skilled Worker program,
PNP, spousal sponsorship, spouse open work permit, family sponsorship, start-up
visa program, business/ investor programs, refugee, protected person, H&C
application, super visa, visitor visa, LMIA, Temporary Foreign Work Permit, Temporary
Resident Visa, PGWP, post-landing services in Canada and other immigration related
services. You name it, they do it!

12
 USP of Mapleroads Immigration
There are numerous immigration firms across the world which offer Canadian Mantras of Success in the Business
immigration advice but are not authorized to do so by the Canadian designated World
regulatory body (ICCRC). These are usually agents without any presence in Canada
who claim to be Canadian immigration experts. However, the Immigration and
Honesty is indeed the best policy!
Refugee Protection Act (IRPA) and the Citizenship Act of Canada require anyone
providing Canadian immigration or citizenship advice or representation for a fee or Perseverance is key!
other consideration to be a member in good standing of ICCRC. Exceptions are There is no alternative to hard work!
members in good standing of a law society in Canada or the Chambre des notaires du
Québec. Individuals providing Canadian immigration/citizenship services abroad are Mutual respect builds the foundation
subject to Canadian law even if they reside outside of Canada. MAPLEROADS for a strong client relationship!
IMMIGRATION is a Canada-based immigration firm run by Mr. Aniruddh Don't keep planning, start executing!
Mukhopadhyay, RCIC, who is a member in good standing of ICCRC. They also provide
post-landing support in Canada. Striking the Work-Life Balance
Past and Current Challenges Faced by Mapleroads Immigration Aniruddh loves traveling, road-trips,
The immigration industry is a very sensitive industry because there have been many barbecues, music festivals and camping in
instances of fraudulent activities and scams over the years. There are numerous his free time. He often indulges in cross-
unauthorized agents in South Asia and other parts of the world who claim to be country road-trips with his friends in
experts in Canadian immigration law without any formal education or training Canada. Mr. Aniruddh also enjoys scuba
whatsoever. They have earned a bad reputation for the industry at large and most diving and recommends Curacao as one of
people view everyone in the immigration industry with suspicion. Initially, people did the best diving spots.
not know how Mapleroads Immigration is different because not many in South Asia Aniruddh is a globetrotter, he loves to meet
and other countries are aware of the Canadian designated regulatory body (ICCRC). people from diverse cultural backgrounds
Mapleroads Immigration educated a lot of people globally about the Canadian and understand their way of life. He is a
designated regulatory body (ICCRC) and members licensed by them to provide sworn foodie and experiments with exotic
authorized legal advice on Canadian immigration matters. After spreading this cuisines.
awareness, people started acknowledging the credibility of Mapleroads Immigration
and learnt about the difference between unauthorized agents and RCIC/ member in
good standing of ICCRC. Personal ideologies or Quotes Followed:
Thou art a product of thy thoughts!
Expansion Plans and Other Business Avenues

Mapleroads Immigration wants to expand its global presence, especially in India,

Philippines, UAE, Vietnam, Africa, South America and the Middle East. Canada will
admit 1.3 million immigrants across 2018-2021. One in four foreigners who got PR
status in Canada in 2019 was an Indian. According to CIC NEWS, there were 642,480
Study Permit holders in Canada as of December 31, 2019 out of which 219,855 were
Indians. Hence, the market is huge and Mapleroads Immigration will do its best to tap
it. Contact Us

+16477681426
Work Culture and Philosophies
L: Labour Website link
U: Under
www.mapleroads.com
C: Correct
K: Knowledge Email Address

info@mapleroads.com
mapleroadsimmigration@gmail.com

Global India Business Forum

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13
Baljinder Singh Rathour
Director/ Founder, London Investment Immigration Education Ltd. (LIIE),
London Online College Ltd. (LOC)
My name is Baljinder Singh Rathour based in London. I am the
Director/Founder of London Investment Immigration Education Ltd.
(LIIE) and London Online College Ltd. (LOC). Prior to my birth, my
forefathers had migrated from West Punjab, during the time of
partition in 1947. This meant new beginnings whereby my father and
his siblings worked incredibly hard to earn a living. As an adolescent,
my father decided to join the Indian army as a Soldier and eventually
retired with the rank of a Captain. Due to my father's career and
several postings, I was exposed to various opportunities which
allowed me to travel all over India and receive my education from
government-led army schools. As a child, I was not a very studious
boy and had a lack of interest in learning altogether. It wasn't until my
10th standard that I began to focus and take academic leaps. I
graduated with a first-class honour in Science from Punjab
University, Chandigarh. As I reached adulthood, I began to take
inspiration from my father's work ethic and dedication and decided
to join Forces under Ministry of Home Affairs where I provided 17
years of service along with undertaking specialist positions, playing
a part in transforming Airport Security by training soldiers to
overtake the security of 64 Airports of India in stages. I also led
Commando Squads and worked as Head of the Crime and
Intelligence Wings. Turning point – Success needs Risk… If I would
have worked for 3 more years and completed 20 years, I would have
got lifelong government pension, but I sacrificed my pension, as I
was having bigger dreams, and hence quit Services in 17 years.
Initially I went to the UK in 2002 and finally moved permanently in
2005. There, I commenced a job in Security in Deutsche Bank at
Liverpool Street, London. Within 3 years of service, I was promoted to
the position of a manager which was incredibly difficult considering
that I was a migrant. The issue with my success stories is that every
achievement leads me to next step as I feel stagnant after each goal
is achieved and tend to move forward. After some time, I began to
feel that London is a financial capital and is welcoming new
businesses to grow. I began to explore myself and started utilising
my existing knowledge and skills to invest in studying to become an
Immigration Lawyer. This eventually allowed me to set up my own
business in 2009 which specialises in processing different Visas -
14
Investment business, work permits, student visas and permanent
residency visas. Whilst my main focus was on offering services
within immigration, I also occasionally worked with investors
around the world under the company name 'Master of Franchise',
to invest in popular brands in the UK. In between I have been a
Radio & TV Presenter in London for more than a decade. The idea
behind my business is to “invest in people”. I possess a passion
for people who seek new beginnings and a fresh start at life in the
UK and when I initially started up the company, I had a vision to
support as many clients as possible throughout their ventures.
The company was hugely successful from 2009 to 2013, after
which there was a shortage of international students being able to
study in the UK, due to the changes in immigration policies.
Following this, I noticed a market for distance learning education
where I created an online learning platform called London Online
College (LOC) in 2016 in collaboration with Mr Richard Affolter (Co-
director of LOC/CEO of Weba World International). This allows
international students to access a variety of online courses and
subjects which provide them with industry-recognised
qualifications in collaboration with universities in the UK. Our
vision for LOC is to expose the younger generation to advanced
routes to learning which is easily accessible in the comfort of their
own home. Our Unique Selling Point (USP) is the fact that we offer
courses in 150+ languages, 1000+ professional courses and
pathway Degree programs to UK Universities.I am a firm believer
in working hard and reaping benefits. As a child, I have been
taught that there is always a way to find a solution to problems
and challenges that I may face throughout my lifetime. This
contributes to the feeling of never being stagnant in whatever it is
I choose to undertake and giving my best towards every aspect of
my life be it career or personal life. My mantra to reach success in
the world of business is to never allow any failure to give way to
setbacks. Every downfall has led me towards my launching pad,
and I have used it to jump and achieve higher. Every failure gave
me new ideas and opportunities. I was quick in making decisions.
The right decisions helped in moving forward, the worse decisions
taught me lessons. There was always an inner strength guiding
me, beholding me, strengthening me, & I call it Almighty. I wish to
take further the London Online College to larger platforms by
partnering with educational entrepreneurs. We are looking
forward to Franchise London Online College Worldwide and
facilitate exposure around the globe making quality education,
reachable and affordable to everyone. We are also taking
Canadian School System around the Globe. We look forward to
welcome best talent and Investors from around the World to
United Kingdom. We belong to the world and the world belongs to
us, let us bring peace and happiness leading to smiles around us.
The story still goes on...
15
Indrajit Ghosh Committee members of MRAI, Director
Global Ambassador of AHRI for SAARC Countries. Sales & Marketing in Resource E-waste
Solutions PVT Limited. He is also an active
member of IPI AIPMA, FIEO, ASSOCHAM,
PHD CHAMBER, CII & FICCI. he wore during
his career is endless.

SAARC Global Ambassador for AHRI

Mr. Indrajit Ghosh is the Global Ambassador of AHRI for SAARC Countries. This
prestigious title itself speaks volumes of his experience in the corporate field, and
having completed 34 years in a cut-throat corporate world is no mean feat either.
Not only that, he is also currently the Chairman of the MSME Chamber of
Commerce and Industry of India.You could write a book on his academic and Personal Life
professional achievements because that is how rich his life both academically He has a small family consisting of one
and professionally has been. Moreover his achievements just go on to show his daughter, who is presently working for the
perpetual hunger for learning and how clear he was regarding achieving his last 4 years in New York and is staying in
goals. And that hunger is still burning within him even 34 years later. Times Square. His son has completed his
Early Life and Academics masters in International Business from
Monash University, Melbourne and is
Mr. Indrajit Ghosh is a Mechanical Engineer hailing from Howrah, West Bengal. He working for the last 3 years in Melbourne.
began his schooling from Bengal Engineering College Model School. He then went On the other hand, his wife is the Director
on to do double MBA from the Institute of Management (IMT) Ghaziabad and MBA of Springer India, the largest Book &
from International Business Management Institute (IBMI) from Berlin, Journal publishers in the world, having
Germany.Mr. Ghosh has completed a host of diplomas in different fields like their head office at Heidelberg, Germany.
Diplomas in Circular Economy from Malaysia, and several diplomas from IBMI,
Germany like Business Management, Sustainable Management, Global Charity Work
Governance and Digital Information. Mr. Ghosh is also involved in a lot of charity
work as he always tries to find ways to
Career Highlights
give back to the society in whatever way
Mr. Ghosh has successfully completed 34 years in the corporate world, he can. Hence, he is now working to start a
particularly in the Plastics and Packaging industry, with incredible work in big project of Waste Management in a
different fields that would benefit the environment and mankind in the future North Indian State with 1000 Tons waste
acting as his testimonies. Out of the 34 years of his global experience, 10 years being generated every day to make Biogas
were dedicated to experience in Plastic Recycling, Waste Management, to the state citizens. He is also associated
Environment, Climate Change, Air Pollution, Renewable energy, Biogas, Start-ups, with a Cancer Society and with Anti-
and the list goes on and on.He also writes articles on Plastics, Packaging & Corruption Foundation of India. His
Recycling at Oriented UK, IPI, All India Flexible Packaging Association and so on.He immense contributions towards breaking
left Uflex in December 2011 and started his own business. He is also the Lifetime the COVID stigma around the pandemic
Member of ICEMI, which is one of his closest friends Mr. Sandeep Marwah's and its patients has resulted in him being
organizations.Mr. Ghosh has vigorously travelled to different parts of the world; he awarded with the Certificate of Kindness
has travelled to more than 40 countries to be precise and has successfully by World Records Biennale for “spreading
kindness digitally”.
networked and connected with industry stalwarts across the globe.He has also
closely worked with the Prime Minister's Office (PMO) and the central ministry for
various initiatives by the Centre like the Clean India, Make in India and Green India
initiatives. He has also actively participated in helping MSME organisations to
grow as this would help the Indian economy in its growth in the future and hence
MSMEs form an integral part of the economy.He is also the member of the
National Team of Shisht Bharat, which advocates World Peace and Cooperation
among people living in the same society. He is also the MD of Dynamic Outreach
Private Limited & MGNG Global Events LLP, Advisor for Global India Business
Forum, Global Advisory Board member of Recyclers Foundation, Industry Advisory
Board member - Amity University, Plastic
16
 Awards, Recognition and Honours

While working for Sintex Industries Limited, Mr. Ghosh received the Best Performer of the Country continuously from 1988 to 1993. And
during his career at Uflex also he received several awards along with 6 promotions. He was also facilitated with the highly prestigious
Kotler award (named after the Guru of Management Dr. Philip Kotler) of Global Leader in Plastics, Packaging and Recycling at the World
Leadership Summit organised by the Global Triumph Foundation in New Delhi, where he was invited as the Guest of Honour.Apart from
these highly prestigious awards and accolades there are more than 170 awards and certificates to his name, taking a place of pride in his
awards shelf! He has also been honoured with his immense contributions towards breaking the COVID stigma around the pandemic and
its patients and he has received nearly 65 appreciation certificates as of now.Among many honours he has received till date, the ultimate
honour for Mr. Ghosh had to be when he was awarded the AHRI Global Ambassador for the entire SAARC countries. He will play a vital role
on Human Rights, Youth Rights, Environmental protection, Trafficking, Child welfare and many social issues.

17
18

SECTOR REVIEW - GOLD
Gold is a chemical element with the symbol Au and atomic
number 79, making it one of the higher atomic number elements
that occur naturally. In a pure form, it is a bright, slightly reddish
yellow, dense, soft, malleable, and ductile metal. Chemically,
gold is a transition metal and a group 11 element. It is one of the
least reactive chemical elements and is solid under standard
conditions. Gold often occurs in free elemental (native) form, as
nuggets or grains, in rocks, in veins, and in alluvial deposits. It
occurs in a solid solution series with the native element silver
(as electrum) and also naturally alloyed with copper and
palladium. Less commonly, it occurs in minerals as gold
compounds, often with tellurium (gold telluride's).Gold is
resistant to most acids, though it does dissolve in aqua regain (a
mixture of nitric acid and hydrochloric acid), which forms a
soluble tetrachloroaurate anion. Gold is insoluble in nitric acid,
which dissolves silver and base metals, a property that has long
been used to refine gold and to confirm the presence of gold in
metallic objects, giving rise to the term acid test. Gold also
dissolves in alkaline solutions of cyanide, which are used in
mining and electroplating. Gold dissolves in mercury, forming
amalgam alloys, but this is not a chemical reaction.
Color
Gold is the most malleable of all metals. It can be drawn into a
wire of single-atom width, and then stretched considerably
before it breaks.] Such nanowires distort via formation,
reorientation and migration of dislocations and crystal twins
without noticeable hardening. A single gram of gold can be
beaten into a sheet of 1 square meter, and an avoirdupois ounce
into 300 square feet. Gold leaf can be beaten thin enough to
become semi-transparent. The transmitted light appears
greenish blue, because gold strongly reflects yellow and red.
Such semi-transparent sheets also strongly reflect infrared
light, making them useful as infrared (radiant heat) shields in
visors of heat-resistant suits, and in sun-visors for spacesuits.
Gold is a good conductor of heat and electricity.
Government Initiatives
Indian Government made hallmarking mandatory for Gold
Jewellery and Artefacts. A period of one year is provided for
implementation i.e. till January 2021.
As per Union Budget 2019-20, the GST rate was reduced from 18
per cent to 5 per cent (*5 per cent without Input Tax Credit (ITC))
for services by way of job work in relation to gems and jewellery,
leather goods, textiles etc.
The Bureau of Indian Standards (BIS) has revised the standard
on gold hallmarking in India from January 2018. The gold
jewellery hallmark will now carry a BIS mark, purity in carat and
fitness as well as the unit's identification and the jeweller's
identification mark. The move is aimed at ensuring a quality
check on gold jewellery.
19
Gold Related Business ideas & Opportunities for 2020
Direct ownership
Direct ownership of gold means an investor owns an entire gold
bar or ingot in his/her full name. The big disadvantage to owning
gold is that it tends to trade with a wide spread between bid and
ask prices, so there is a tendency that one might not make so
much profit from it.
Gold exchange-traded funds
An exchange traded fund (ETF) is a type of mutual fund that
trades on a stock exchange like an ordinary stock. ETF offers a
practical way to hold gold in an investment portfolio. The ETF's
exact portfolio is fixed in advance and does not change. Gold
ETFs provide investors with exposure to gold by tracking the
price changes of gold. This allows investors to profit from gold
price changes without having to own the physical asset.
Gold mutual funds
By definition, mutualized gold is a means to own gold alongside
other investors (mutualization). This basically means that the
same gold bar is owned by many investors, with each owning a
part. For people who are hesitant to invest in physical gold, but
still desire some exposure to the precious metal, gold mutual
funds provide a helpful alternative. These funds hold portfolios
of gold stocks.
Start a Junior gold mining company
A junior mining company is an exploration company that looks
for new deposits of gold other precious minerals. These
companies target properties that are believed to have
significant potential for finding large mineral deposits. Junior
exploration companies are a major source of future mine supply.
Start senior gold mining company
A senior gold miner simply refers to the largest producers that
have an established position, more liquidity, and therefore are
considered to be the less risky of the gold producers. The reason
an investor would buy a senior gold mining stock is to leverage
upside to the price of gold. In other words, when the price of gold
rises, a senior gold miner would, in theory, outperform the gold
price because it is increasing its gold production.
Become a gold streamer
Gold stocks are known to be quite risky, as not only can the price
of gold impact returns, but other production issues can also
affect the metal. Building a new gold mine is very costly and has
been known to cause problems for even the largest of gold
producers as overhead costs can swallow up all your profits.
This is basically why gold producers both small and large often
turn to precious metal streaming companies to help them fund
new mines. You can start a business as a gold streamer and help
miners locate viable mines.
Trade in gold options and futures
The gold option is for the more sophisticated and experienced
investor. It is a trading platform. An option gives the buyer the
right, but not the obligation to buy (or sell) a certain asset at a
specific price at any time during the life of the contract.
Buying gold options does require the payment of a premium
before one can start trading. Options allow you to speculate in
gold prices, and you can speculate on price movements either
upwards or downwards. Buying options is risky, and more
people lose than win, but if you have the experience and
professionalism, you can test your prowess in this risky but
profitable venture.
Top Gold Manufacturing Companies in India
Titan Company Ltd (Tanishq)
One of the top jewellery brands in India, Tanishq is a brand of Titan
Company which comes under the famous TATA Group. Tanishq is a
subsidiary of the Titan Company and it was founded in the year 1994.
The company is headquartered in Bengalore, Karnataka. Tanishq is
known as India’s most trusted jewellery brand. The company has
150+ retail outlets across the country. The company is the pioneer of
diamond, gold and platinum jewellery to a large extent widely.
Kalyan Jewellers India Ltd
Kalyan Jewelers was founded in the year 1993. It is headquartered in
Thrissur, Kerala. It was founded by T. S. Kalyanaraman. The company
is owned by the famous Kalyan Group. It is one of the largest
jewellery store chain in India. The company has made reputation of
authentic Gold Jewellers and sells 100% Hallmarked Gold only. They
are also known for their mini stores named as “My Kalyan Mini
Stores”, which sells affordable diamond jewellery with finest quality
of diamonds. Their retail outlets are present in 10 states in India and 1
in Kuwait and 3 in UAE. The company has around 100 showrooms in
India.
Goldcorp Inc
Goldcorp is a Vancouver-based gold producer, whose production
totalled 89.4 tonnes in 2016, decreased from 107.8 tonnes in 2015.
Ranking as the world's fourth largest gold producer, the company is
also one of the world's fastest-growing gold producers, and operates
four mines in Canada, three in Mexico and four in Central and South
America.
20
Barrick Gold Corp
Barrick Gold Corporation is the largest gold producing company in
the world, with its headquarters in Toronto, Canada. In 2016, Barrick
Gold continued to top the list with over 171.6 tonnes of gold
produced, despite having a slight decline in the gold output from
the previous year. The company's production of gold plunged
dramatically between 2013 and 2014, when it declined from 222.9
tonnes to 194.4 tonnes, but it's still expected to lead the global gold
production through 2018.
Newmont Mining Corp
Newmont Mining, founded in 1916 in Colorado, USA, has long been
one of the world's largest gold producers with assets or operations
on five continents, but mainly in United States, Australia, Peru,
Suriname, and Ghana. Newmont also mines silver, copper, lead,
zinc, and other metals. At the end of 2016, the company owns gold
reserves of over 1,942 tonnes.
AngloGold Ashanti Ltd
Headquartered in Johannesburg, South Africa, AngloGold Ashanti is
the world's third largest gold producing company by production.
The company produces gold through its mines in mainly in South
Africa and continental Africa, although it also operates mines in
Australia, Argentina, Brazil, and the United States.
CHARLES OWUSU AKYEA
Managing Director
Regeneration Development Agency
Mr. Charles, the Managing Director of 'Regeneration Development Agency', developed an
interest in the delivery of low income housing, trade in commodities and also formed
associations with like-minded people from Ghana and the African diaspora. All of this started
10 years ago as an NGO called Africa Call Foundation (ACF) which assisted him to form
relationships with his Ghanaian and international associates.
The idea behind his current business was to form a relationship with others for the transfer
of knowledge and technology in low income housing and viable commodity trade.

About 'Regeneration Development Agency'

His brand is about “Transformation through Regeneration”; the regeneration of traditional

African and modern housing technology to come out with a low cost solution for solving the
housing deficit in Ghana. The business is also coming up with the regeneration of small scale
mining and sale of Ghanaian gold, regeneration of commercial trade in commodities such as
petroleum products, rice and sugar. The river town of Sokpoe on the banks of the Volta River
would be regenerated into a Pan African SMART City.
USP of the Business

The unique selling point of Mr. Charles' company is that they bring together stakeholders to build viable and mutually beneficial businesses and
projects. They export gold to the United States of America (USA), import sugar and rice from Brazil and Thailand respectively.
With respect to the housing and mining industries, the company's focus on low income housing technology sets them apart from others in the
industry. In commodity trading, the fact that 'Regeneration Development Agency' is an indigenous Ghanaian company sets them apart from
other commodity trading companies.

Challenges and Expansion Plans

Their past and current challenge is the creation of or attracting foreign or local investors to take up equity in their business.
Their equity investors would allow them the financial capacity to regenerate slums and the ownership of real estate properties in urban areas.
Other expansion plans of the business will include: the conversion of 5,000 acres of river front
land into a SMART City owned by residents, businesses, shareholders and the company.
Another aim is to become a major player on the international market in West Africa. The
mining of virgin gold concessions in the Ashanti region of Ghana is also one of the company's
plans to expand their business.

WORK CULTURE AND PHILOSOPHY

The company's personal and business philosophy is based on the dictum – “The brotherhood
of man and the fatherhood of God” and their work culture is built around the promotion of
values like punctuality, integrity, honesty, respect for one another etc. The work culture of the
company is complimented by the interest of persons in the team in self-development. Their
mantra of success in the business world is built around their vision for Africa as a whole:
“Reshaping the African Home Land.”

Mr. Charles' work/life balance hobbies, recreation, and life beyond business away from work are based on his spiritual goals. He belongs to an
Africanized Christian Church called the Saviour Church of Ghana. His life in the church relates to his hobbies, recreation and other aspects.
His personal ideology/quote is: “Love your neighbor as yourself.”

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Shubham Maheshwari
Founder, Being Chef
Early Life and Career Beginnings
Mr. Shubham Maheshwari, founder of Being Chef, was
born and brought up in Jaipur and completed his primary
education from the Pink City too. Since his college days,
Mr. Maheshwari was inclined towards doing something
good for the society. He started participating in various
social activities and causes and for his efforts he was also
honored with the ‘Youth Changemaker Award’ from a
renowned social organization. He also participated as a
state coordinator for the 'India Against Corruption'
movement and it is after addressing a rally of 70 to 80,000
people that his passion for participating in social causes
and giving back to the society increased manifold. And
this is how he decided to become an entrepreneur as he
viewed this as a chance to bring the change he wanted to
see in the world, or at least, in his country. Though he
didn't have a clear idea as to how to go ahead after his
decision to become an entrepreneur, he joined a US-based
pharma consulting firm ZS Associates in Gurgaon as a
consultant. This was the first time that he shifted base
from Jaipur to Gurgaon. While staying in Gurgaon, he
realized that daily meals were the most important yet the
most ignored part of a person's diet. After his cook didn't
turn up, he and his roommates came up with an idea to
empower every person to cook anything that they wish to,
without being dependent on someone else to do it for
them. He quit his job and became a full-time entrepreneur,
and this is how Being Chef was born in 2014.When he
pitched his business idea to some industry veterans, they
didn't show much interest in it as they thought that it was
not feasible to create such a product. This fueled Mr.
Maheshwari's determination to make his business a
success, no matter what.
Brand Idea and Purpose
The idea behind Being Chef is to make food using
minimum efforts given the fast-paced life we live in. To
minimize the cooking efforts, Mr. Maheshwari came up
with the concept of '8 Simple Steps' which would give
delicious results in just 5 minutes. Also, the taste
preferences of the customers were kept in mind and
hence, Being Chef came up with customized meal boxes
that would cater to the exact taste palette of the
customers. Talking about his brand Being Chef, Mr.
Maheshwari says that Being Chef is a one-stop solution to
all your daily meal requirements. The main aim of Being
Chef is to make the youth population fit and healthy as
today's youth ignores aspects like health and nutrition.
22
Brand Idea and Purpose
Vision and Mission and USP
The brand's vision and mission are “to disrupt the daily
meal industry by transforming the traditional way of
cooking, while also being mindful about the health and
nutrition aspects of food.” The brand's USP is to enable
anyone to cook a full-fledged meal in 5 minutes by
following 8 simple steps. Also, being a first mover in this
space of the food industry, and also being a pure
vegetarian while also having vegan options, work in the
brand's favor as veganism is the rage today. This gives
them an edge over their competitors.
Past and Present Challenges Faced
The initial challenges that Mr. Maheshwari faced were
especially from the industry veterans who claimed that
the product is not feasible. Capital and experience were
some of the other major challenges that Mr. Maheshwari
faced while starting out as an entrepreneur. The current
challenge that has not spared any business including his
is the COVID-19 pandemic. However, Mr. Maheshwari
chooses to view this challenge in a positive light as the
pandemic has opened a whole new market for Being Chef
as everyone wants to be self-sufficient and independent
when it comes to cooking, especially during the pandemic.
Future Plans
The company has unique plans for the future about which
Mr. Maheshwari refused to divulge further details as they
are in the process of creating advanced and patented
technologies so that they can provide the most efficient
services to customers. They are currently based in
Gurgaon.
Work Culture and Success Mantra
The work culture at Being Chef revolves around being a
strong team not just on a professional level but also on a
personal level. If a person is given exclusive ownership of
their department and is also given adequate freedom to
work, then it not only churns out a better professional but
also a better person too. Their work culture helps them
grow as a professional and as a person. The freedom at
the workplace also helps them work independently and
responsibly.As for creating or following a success mantra,
Mr. Maheshwari doesn't have one because he feels that
there is no proper definition of success. He believes that if
a person is happy and living his life to the fullest, then he
can be termed as a successful person too. As far as the
business side of success is concerned, he believes that if
a person wants to win a game, then he has to be in the
game. One simply cannot wish to become successful
without working hard for it. One also needs to have
enough conviction and self-belief that you can become
successful and one must always stay level-headed in both
success and failure.
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TOP MERGERS & ACQUISITIONS

Reliance almost doubles retail footprint with acquisition of Future Group

Reliance Industries NSE -1.65 % Ltd's acquisition of debt-strapped Future Group

will almost double the footprint of its retail business, which now is valued at up to
USD 68 billion, analysts said. The oil-to-telecom conglomerate on Saturday
announced the acquisition of Future's retail, wholesale, logistics and warehousing
units for Rs 24,713 crore. The deal terms entail a merger of five listed units of
Future Group into Future Enterprises Ltd (FEL).
The deal increases the retail store footprint of Reliance Retail Ltd, a unit of RIL, from
current 28.7 million square feet to 52.5 million sq ft, consolidating its pole position,
analysts said.

Electric vehicle makers find a back door to Wall Street

Steve Burns pulled together several pieces of a business venture over the
last year: His company, Lordstown Motors, designed an electric pickup truck,
acquired a plant and machinery from General Motors, and racked up
thousands of orders.
Yet Burns was still struggling to raise enough capital. This month, he nailed
down that critical piece by agreeing to merge Lordstown Motors with a
special-purpose acquisition company, or SPAC, a transaction that will net the
truck maker $675 million and a listing on Nasdaq.
Another upside: Unlike a conventional initial public offering, a SPAC merger
will take just a couple of months, Burns said. “The traditional IPO time is
maybe a year and a half,” he said. “We are in a race to be first with electric
trucks. We wanted to get it done and get to the business of building the
vehicle.”

AstraZeneca approaches Gilead about potential merger

AstraZeneca Plc has approached rival drugmaker Gilead Sciences Inc. about a
potential merger, according to people familiar with the matter, in what would be the
biggest health-caredealonrecord.
The U.K.-based firm contacted Gilead last month about a possible tie-up, the people
said, asking not to be identified because the details are private. AstraZeneca didn't
specify terms for any transaction, they said. While Gilead has discussed the idea with
advisers, no decisions have been made on how to proceed and the companies aren't in
formal talks, the people added.
AstraZeneca, valued at $140 billion, is the U.K.'s biggest drugmaker by market
capitalization and has developed treatments for conditions from cancer to
cardiovascular disease. Gilead, worth $96 billion at Friday's close, is the creator of a
drug that's received U.S. approval for use with coronavirus patients.

24
TOP MERGERS & ACQUISITIONS

Uber approaches Grubhub with acquisition offer

Uber is in negotiations to buy online food delivery company Grubhub in an all-stock

deal, according to people familiar with the matter.
A merger could give Uber Eats' money-losing restaurant delivery service a leg up on
market leader DoorDash at a time when the coronavirus pandemic has upended
Uber's core business of shuttling people from place to place.
Uber and Grubhub are still haggling over the deal's stock exchange ratio, and there
is no certainty that they will reach an agreement, the sources said.

The potential acquisition suggests that the Silicon Valley disruptor is doubling down
on its fastest-growing service in a scramble to adapt to what is likely to be a long
business interruption.
"This would be an aggressive move by Uber to take out a major competitor on the
Uber Eats front and further consolidate its market position," Wedbush analysts said
in a client note.

Voda-Idea, Walmart-Flipkart: The biggest M&As of the decade

Talks of billions, hushed deals, closed-door meetings are just some of the
similarities between the biggest mergers and acquisitions that went down in
the last decade.
From tech giants swallowing young competition to fashion houses
crumbling only to be bought out by those who managed to weather the
economic slowdown, the 2010s have been a period of big buyouts.

As we sail into a new decade, here’s a look at some of the biggest business
deals of the one gone by.
The telecom space saw some old connections being disconnected and new
ones forged. After will-they-won’t-they, the year finally saw Vodafone and
Idea Cellular merge. It was the result of many rounds of talks and some
practical concerns as well: the two companies decided to merge after a huge
tariff war that was precipitated by the entry of Jio from the Reliance stable.
And while the jury is still out on whether the merger has been able “to
improve the network and offer customers a better experience” as promised,
it has helped Vodafone-Idea beat Reliance Jio and Airtel to become India’s
largest telecom company with 408 million active subscribers and revenue
market share of 32.2 per cent.

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RAGUNATH MANOHARAN
COE OF RM GROUP Expansion Plans and Business Avenues

In a few months the company will be inaugurated in

Singapore and Pondicherry, India. The company also
plans to invest in Indian movie production.

Mantras of Success in Business World

Early Life
Mr. Ragunath Manoharan, CEO Operations of RM Group, was born in
Chennai, Tamil Nadu in India. The path to success wasn't always easy for
him as he grew up in a middle class family. His father passed away when he
was 8 years old and he did his schooling in Chennai.He dropped out of
college when he realised that the Indian education system doesn't teach
any skills and rather focuses on mugging up things by-heart. He upgraded
his professional skills for his career by working in different fields to gain
knowledge and contacts. His started his career with working as a freelance
editor and later joined as an Assistant Director in an advertisement
agency.Since childhood, Mr Manoharan was interested in pursuing law and
he got a chance to work with a leading senior advocate as his Junior
Assistant. After some years, he started working for a Tamil magazine called
'Pulan Visaranai' as Sub Editor. He was then appointed as the Deputy
Secretary in South India Press Media Club. He finally started a business of
his own in 2018 with the help and influence of his friend in Malaysia. And
this is how RM Group came into being.Mr. Manoharan has faced many
challenges in the export and import industry since he is a young
entrepreneur and does not come from a business background. His family
and friends have been very supportive of him especially during his periods
of struggle in the business world. Mr. Manoharan's all-time inspiration is
Mr. Ratan Tata.
His mantras of success in the business world are quite
simple yet highly important. He takes his inspiration from
his idol Mr. Ratan Tata as well! Some of his mantras are
listed below
A satisfied client is the outstanding business game
plan
“I don't believe in taking right decisions. I take
decisions and then make them right.” - Ratan Tata
Personal Ideologies
Mr. Manoharan has certain ideologies of his own that he
abides by at all costs:
It takes months to find a client, but it takes only seconds
to lose one
Always trust and keep your employees happy
His message to all the budding entrepreneurs out there is:
“If you want to do it, do it now. If you don't, then you're
going to regret it.”

About Company
RM Export and Import does its business with countries like Malaysia,
Singapore and Canada. They mainly export fruits, vegetables, snacks and
imitation jewellery.

Striking a Work-Life Balance

According to Mr. Manoharan, time management is a must. Also, one must
learn to say 'No' and must also try to shorten their commitments and
minimize interruptions.

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 South Africa
infocus
South Africa, officially the Republic of South Africa (RSA),
is the southernmost country in Africa. With over 59 million people,
it is the world's 24th-most populous nation and covers an area of.
1,221,037 square kilometres (471,445 sq mi).

South Africa has three capital cities: executive Pretoria, judicial Bloemfontein and legislative
Cape Town. The largest city is Johannesburg. About 80% of South Africans are of Black African
ancestry, divided among a variety of ethnic groups speaking different African languages.

The remaining population consists of Africa's largest communities of European, Asian, and
multiracial ancestry. It is bounded to the south by 2,798 kilometres (1,739 mi) of coastline of
Southern Africa stretching along the South Atlantic and Indian Oceans; to the north by the
neighbouring countries of Namibia, Botswana, and Zimbabwe; and to the east and northeast by
Mozambique and Eswatini (former Swaziland); and it surrounds the enclaved country of
Lesotho.
South Africa is a multiethnic society The two next ones are of European origin:
encompassing a wide variety of cultures, Afrikaans (13.5%) developed from Dutch and
languages, and religions. Its pluralistic serves as the first language of most coloured
makeup is reflected in the constitution's and white South Africans; English (9.6%)
recognition of 11 official languages, the reflects the legacy of British colonialism, and is
fourth-highest number in the world. commonly used in public and commercial life.
According to the 2011 census, the two most The country is one of the few in Africa never to
spoken first languages are Zulu (22.7%) and have had a coup d'état, and regular elections
Xhosa (16.0%). have been held for almost a century.

South Africa Games

Sports in South Africa has a significant role in South African culture. The three most popular
mainstream sports in the country, namely, football, rugby, and cricket, reflect its early British
colonial influence. Association football has historically been particularly popular amongst
persons of black African descent and is South Africa's most popular sport. The South Africa
national soccer team is nicknamed Bafana Bafana. South Africa hosted the 2010 FIFA World
Cup.

27
 Naturally Rich
South Africa is truly a nature lover's destination as it offers some
of the most diverse landscapes in the entire African continent.
Forests, mountains, deserts, grasslands and savannahs are just
some of the scenes

one can hope to encounter.There is an abundance of wildlife on top of the natural surroundings that host
over 700 publicly owned reserves, 200 private reserves and 19 National Parks.

Economy
The economy of South Africa is the second largest in Africa. As a manufacturing hub, it is the most
industrialized, technologically advanced, and diversified economy on the African continent. South Africa
is an upper-middle-income economy – one of only eight such countries in Africa. Since 1996, at the end of
over twelve years of international sanctions, South Africa's Gross Domestic Product almost tripled to
peak at $400 billion in 2011, but has since declined to roughly $385 billion in 2019.

Main Industries: mining (world's largest producer of platinum group metals, gold, chromium),
automobile manufacturing, metalworking, technology, machinery, textiles, iron and steel, IT, chemicals,
fertilizer, foodstuffs, manufacturing, commercial ship repair.

GDP –By Sector: agriculture: 2.8%,industry: 29.7%,services: 67.5%(2017 est.)

Exports: $108 billion (2017)

Exports - commodities: gold, diamonds, wines, iron ore, platinum, nonferrous metals, electronics,
machinery and manufactured equipment, motor vehicles, fruits, various agricultural foodstuffs, ground
and air military hardware

Exports – partners: China 9.9%, United States 7.9% ,Germany 7.6%, Botswana 5.4%, Namibia 5.1%
,India 4.5%(2016)

Imports: $81.9 billion (2017)

Imports - commodities: machinery and equipment, chemicals, petroleum products, scientific

instruments, foodstuffs

Imports - partners: China 18.0%, Germany 12.0%, United States 6.8%, India 4.2%, Saudi Arabia
3.8%, Japan 3.5% (2016)

Renewable Resources
Renewable energy in South Africa is energy generated in South Africa from renewable resources, those
that naturally replenish themselves—such as sunlight, wind, tides, waves, rain, biomass, and geothermal
heat. Renewable energy focuses on four core areas: electricity generation, air and water heating/cooling,
transportation, and rural energy services. The energy sector in South Africa is an important component of
global energy regimes due to the country's innovation and advances in renewable energy.
South Africa's contribution to greenhouse gas (GHG) emissions is ranked as moderate and its per capita
emission rate is higher than the global average. Energy demand within the country is expected to rise
steadily and double by 2025.

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 Culture
The culture of South Africa is known for its ethnic and cultural
diversity. The South African majority still has a substantial
number of rural inhabitants who lead largely impoverished
lives. It is among these people, however, that cultural traditions
survive most strongly; as South Africans have become
increasingly urbanized and Westernised aspects
of traditional culture have declined. Urban South Africans usually speak English or Afrikaans in
addition to their native language. There are smaller but still significant groups of speakers of Khoisan
languages, not included in the eleven official languages, but are one of the eight other officially
recognised languages. Members of the middle class, who are predominantly white and Asian but
whose ranks include growing numbers of other communities of colour, have lifestyles similar in
many respects to that of people found in Western Europe, North America, Australia and New Zealand.
Transportation
Transportation is controlled by the government's Malian Transport Authority. Mali has
some 729 km (453 mi) of railroad, served by diesel electric locomotives. The main
line, from Dakar in Senegal to Bamako, runs a twice-weekly passenger service.
There is more frequent service between Bamako and Koulikoro, the last stop on the
line, and between Bamako and Kayes. The IBRD has helped finance the
modernization of the Malian rail system. Mali's road network includes about 15,100
km (9,383 mi) of highways of which some 1,827 km (1,135 mi) were paved as of
2002. A major project, completed in 1986, was the construction of a 558-km (347-mi)
road between Gao and Sévare, near Mopti, to be part of a trans-Sahara highway
linking Algeria and Nigeria.

South African Airways is the state-owned flag carrier airline of South Africa. Headquartered in Airways
Park at O.R. Tambo International Airport, the airline operates a hub-and-spoke network, linking over 40
local and international destinations across Africa, Asia, Europe, North America, South America, and
Oceania from its base at O. R. Tambo International Airport in Johannesburg in Mali that was formed by the
Aga Khan Fund for Economic Development

29
Investment in SOUTH AFRICA
Compared to other countries in the African continent, the potential attractiveness of South Africa is
high. However, its performance is relatively weak for FDI attraction, despite progress owing to SMARTER
investment potential in infrastructure. According to data published in the UNCTAD's 2020 World INVESTING :
Investment Report, FDI inflows decreased by 15.1% in 2019, reaching USD 4.6 billion, compared to a
high inflow of USD 5.4 billion registered in 2018. In 2019, FDI stocks increased to USD 151 billion, well Experience &
above USD 127 billion in 2018.This trend is related to the Government's campaign to attract $100 Discipline
billion of FDI by 2023.

Productive Promotion and Attraction of Foreign Investment Law

South Africa needs to increase its inward foreign direct investment (FDI) in order to achieve economic
growth. The purpose of this article is to explore which interventions could be launched in the short term
to enhance the country's attractiveness for foreign investors. The findings of the literature review
demonstrated that incentives, as a determinant of investment, are the short-term intervention with the
most significant potential to attract additional FDI. A comparative study, which provided insight into the
incentives that are currently offered to the manufacturing sectors of three countries (South Africa, IMPORT-EXPORT
Malaysia and Singapore), assisted in identifying two additional incentives that the South African In 2018 South Africa was
government could introduce and three existing incentives that could be amended. The introduction or the number 32 economy
modification of these incentives could ensure that South Africa has a competitive advantage to attract in the world in terms of
investment from foreign investors and thereby increase its inward FDI in the manufacturing industry. GDP (current US$), the
number 36 in total
What are the benefits for new investments in basic industries? exports, the number 37
South Africa ranks 84th out of 190 economies in the World Bank's 2020 Doing Business report. The in total imports, and the
country has many attractive assets for investors such as an important demography; a diverse, number 59 most complex
productive and advanced economy; abundant natural resources; a transparent legal system, and a economy according to
certain political stability. However, the country suffers from a high crime rate, increasing social unrest the Economic Complexity
(strikes and demonstrations), high levels of corruption, and structural issues in electricity supply and Index (ECI).
logistics. Investors are also worried about the lack of clarity concerning policy and structural reforms.
Investment potential is hampered by certain legal uncertainties which discourage foreign investors, INDIA SOUTH AFRICA
despite the promulgation of the Protection of Investment Act in December 2015, which reinforces legal TRADE
* RELATIONS
guaranties for foreign investors. Bilateral trade between India
and South Africa currently
stands at $10 billion. In 2016,
both countries set a target of
doubling bilateral trade and
investment to $20 billion by
2021. ... The fourth in the
series called 'PBD-Africa' was
held in Durban, South Africa,
on October 2010

CONSULATE GENERAL
OF SOUTH AFRICA
B- 18 , Vasant Marg, Sector B -1,
Vasant Vihar, New Delhi,
Delhi -110057.

30
31
DEVENDRA CHOUGULE -
founder of Texone Group
Early Life and Career Beginnings
Mr. Devendra Chougule is the founder of Texone Group. Texone Group was
founded in 2007 and is a manufacturer of foundry sand plants, machineries
and equipment. He is also the owner of Dexwo Ventures Pvt. Ltd. which he
started in 2017-18. Dexwo manufactures motorized sliding gates and also
provides parking solutions.Mr. Chougule completed his graduation in
engineering in Kolhapur and eventually joined his father's foundry
business. However, he wanted to start his own business. This is how Texone
Group was born in 2007. After fully establishing the Texone Group, he
started Dexwo Ventures in 2017-18. He has also started another venture for
agro-based machinery and is now exporting these products to African and
Mauritius markets.
About the Business
Mr. Chougule is dealing with 3 product divisions like foundries, parking
solutions and producing agro-based machinery. All of these products are
totally produced in-house, i.e. none of the spare parts are bought from
anywhere else. Parking was a big concern especially in cities and hence,
Mr. Chougule identified this problem and came up with providing parking
solutions at affordable prices to customers. The company also deals with
providing agro-based machinery like chop-cutters which would help
farmers in cutting fodder for their cattle in a much easier and efficient way.
The main aim of the business is to provide quality products at affordable
prices.
Vision and Mission
The main vision and mission of the business is to identify the problems
faced by customers or clients in the market and to solve them by providing
the best quality products like machinery, equipment and also provide
effective solutions at affordable prices. Another important vision is to give
customers 100% value for their money. Also, the company aims to be as
self-reliant as possible in terms of producing their products and services.
Brand USP
The main point that differentiates or acts as a USP for the business is the
design of its products and services. No matter what the product division,
Mr. Chougule has made sure that each product's design is sturdy. Their
confidence on the quality of their products is such that they provide
complete warranty and guarantee up to one year. They also provide one
year of free maintenance and repair services if the products face any
damage within one year of the customers using it.
Personal Ideologies/Quotes:
Mr. Chougule firmly believes that “confidence is the key to success.” One
quote which is his personal favourite is “The difference between ordinary
and extraordinary is that little 'extra'”. If one aims to become extraordinary
in what they do, then they must put in extra efforts to become extraordinary.
One must also never shy away from making mistakes as they are a part and
parcel of our life.
32
Past and Present Challenges
The main issue or challenge that Mr. Chougule faced was
that of bringing finances into the business as he was a
fresh college graduate. The current obvious challenge is
the COVID-19 pandemic. However, Mr. Chougule views
this challenge positively as he believes that it is important
to face challenges as they help you grow as a person and
as a businessman too.
Brands Catered to and Export Scenes
Mr. Chougule caters to the needs of brands like TATA,
Mahindra & Mahindra, AKP Group from Karnataka and
Force Motors. Mr. Chougule's group has also exported its
products to various countries like Nigeria, Zimbabwe, Sri
Lanka, Bangladesh, Bulgaria, etc. As far as promoting
their exports is concerned, the Group will target the
African market for now.
Work Culture and Philosophy
One of the most important principals that Mr. Chougule
follows is to never compromise on quality just to achieve
the aim of cost-cutting. Quality holds prime importance in
their work culture and also their after-sales services are
kept at their best to ensure that maximum customer
satisfaction is achieved.
Mantras of Success
Keeping a positive attitude no matter what is the first
success mantra that Mr. Chougule follows as this has
always kept him level-headed even during failures.
Hence, according to him, it is very important to be positive
in every challenging situation. He admits that staying
positive all the time is not possible and it is not easy too.
But it is important to inculcate this habit early on while
starting out as a businessman.
Work-Life Balance
Mr. Chougule has been successful in keeping his personal
and professional life separate from each other. The main
reason he has been able to do so is because he believes in
staying 100% focused on whatever work he does, be it
personal or professional. His hobbies are reading,
watching movies and trekking which help him rejuvenate
and detox.
Expansion Plans
Mr. Chougule's only advice to budding entrepreneurs is
that they must always believe in themselves and must do
what makes them happy. He also says that it is important
to listen to our inner voice no matter what others tell us.
Message to Budding Entrepreneurs
Mr. Chougule's only advice to budding entrepreneurs is
that they must always believe in themselves and must do
what makes them happy. He also says that it is important
to listen to our inner voice no matter what others tell us.
33
 History of Engineer's Day

India will celebrate Engineer's Day on September 15, 2020. This day is
celebrated in memory of Sir Mokshagundam Visvesvaraya who was
born on September 15, 1860 in the Muddenahalli village of Karnataka.
Other countries that celebrate this day on September 15 are Sri Lanka
and Tanzania.

He pursued Bachelor's in Arts (B.A.) from the University of Madras and

eventually got into civil engineering from the College of Science in
Pune. He was also conferred with a knighthood by the British Indian
Empire for his contributions towards mankind.

He was appointed as the Diwan of Mysore and served for a period of

seven years. During his tenure as the Diwan of Mysore, he highly
encouraged private investment in the industry. He was instrumental in the founding of one of the first engineering colleges in India, the
Government Engineering College (now called University Visvesvaraya College of Engineering) in Bangalore in 1917.

He was honoured with the highest civilian honour in India, the Bharat Ratna. He was responsible for building an intricate irrigation
system in the Deccan Plateau and had also designed and patented a system of automatic weir water floodgates which were first
installed at the Khadakvasla reservoir near Pune in the year 1903.

Sir Visvesvaraya gained immense popularity when he successfully designed a flood protection system in Hyderabad and he was also
instrumental in developing a system to protect the Vishakhapatnam sea port from sea erosion. Sir Visvesvaraya supervised the
construction of the Krishna Raja Sagar Dam across river Kaveri. This dam was responsible in creating the biggest reservoir in Asia at the
time.

Sir Visvesvaraya also gave his technical advice on the construction of the Mokama Bridge over river Ganga and he was more than 90
years old during that time. He is also called the 'Father of Modern Mysore State. He also helped found the famous Mysore Soap Factory.
Other famous works include Mysore Iron & Steel Works, which is now known as Visvesvaraya Iron and Steel Limited, Century Club,
Mysore Chamber of Commerce among many other works. Among many of his positive attributes, sincerity and time management were
among his strongest ones and he was also known to be highly dedicated towards his cause.

He was also known for his love for Kannada and hence he was responsible for setting up the Kannada Parishat for improving the
Kannada language. He wanted seminars for Kannada to be instituted and conducted in Kannada itself.

34
SECTOR REVIEW - MANUFACTURING
Manufacturing is the production of products for use or sale,
using labor and machines, tools, and chemical or biological
processing or formulation. It is the essence of secondary
industry. The term may refer to a range of human activity, from
handicraft to high-tech, but is most commonly applied to
industrial design, in which raw materials from primary industry
are transformed into finished goods on a large scale. Such
goods may be sold to other manufacturers for the production of
other more complex products (such as aircraft, household
appliances, furniture, sports equipment or automobiles), or
distributed via the tertiary industry to end users and consumers
(usually through wholesalers, who in turn sell to retailers, who
then sell them to individual customers).Manufacturing
engineering, or the manufacturing process, are the steps
through which raw materials are transformed into a final
product. The manufacturing process begins with the product
design, and materials specification from which the product is
made. These materials are then modified through
manufacturing processes to become the required part. Modern
manufacturing includes all intermediate processes required in
the production and integration of a product's components.
Some industries, such as semiconductor and steel
manufacturers, use the term fabrication instead.The
manufacturing sector is closely connected with engineering
and industrial design. Examples of major manufacturers in
North America include General Motors Corporation, General
Electric, Procter & Gamble, General Dynamics, Boeing, Pfizer,
Precision Castparts, and Fiat Chrysler Automobiles. Examples in
Europe include Volkswagen Group, Siemens, BASF and
Michelin. Examples in Asia include Toyota, Yamaha, Panasonic,
LG, Samsung and TATA Motors.
History and Development
In its earliest form, manufacturing was usually carried out by a
single skilled artisan with assistants. Training was by
apprenticeship. In much of the pre-industrial world, the guild
system protected the privileges and trade secrets of urban
artisans.
In the pre-industrial world, most manufacturing occurred in rural
areas, where household-based manufacturing served as a
supplemental subsistence strategy to agriculture (and
continues to do so in places). Entrepreneurs organized a number
of manufacturing households into a single enterprise through
the putting-out system. The factory system was first adopted in
Britain at the beginning of the Industrial Revolution in the late
18th century and later spread around the world.[1] The main
characteristic of the factory system is the use of machinery,
originally powered by water or steam and later by electricity.
Increased use of economies of scale, the centralization of
factories, and standardization of interchangeable parts were
adopted in the American system of manufacturing in the
nineteenth century.
35
Economics of Manufacturing
Emerging technologies have provided some new growth in
advanced manufacturing employment opportunities in the
Manufacturing Belt in the United States. Manufacturing
provides important material support for national infrastructure
and for national defense. On the other hand, most
manufacturing may involve significant social and
environmental costs. The clean-up costs of hazardous waste,
for example, may outweigh the benefits of a product that creates
it. Hazardous materials may expose workers to health risks.
These costs are now well known and there is effort to address
them by improving efficiency, reducing waste, using industrial
symbiosis, and eliminating harmful chemicals. The negative
costs of manufacturing can also be addressed legally.
Developed countries regulate manufacturing activity with labor
laws and environmental laws. Across the globe, manufacturers
can be subject to regulations and pollution taxes to offset the
environmental costs of manufacturing activities. Labor unions
and craft guilds have played a historic role in the negotiation of
worker rights and wages. Environment laws and labor
protections that are available in developed nations may not be
available in the third world. Tort law and product liability impose
additional costs on manufacturing. These are significant
dynamics in the ongoing process, occurring over the last few
decades, of manufacture-based industries relocating
operations to "developing-world" economies where the costs of
production are significantly lower than in "developed-world"
economies.
Safety
Manufacturing has unique health and safety challenges and has
been recognized by the National Institute for Occupational
Safety and Health (NIOSH) as a priority industry sector in the
National Occupational Research Agenda (NORA) to identify and
provide intervention strategies regarding occupational health
and safety issues.
Manufacturing and Investment
Surveys and analyses of trends and issues in manufacturing
and investment around the world focus on such things as:
The nature and sources of the considerable variations that
occur cross-nationally in levels of manufacturing and wider
industrial-economic growth;
Competitiveness; and
Attractiveness to foreign direct investors.
In addition to general overviews, researchers have examined
the features and factors affecting particular key aspects of
manufacturing development. They have compared
production and investment in a range of Western and non-
Western countries and presented case studies of growth and
performance in important individual industries and market-
economic sectors.
MANUFACTURING COMPANIES IN INDIA 2020

Hindalco Industries Limited, metals flagship company of the

Aditya Birla Group, is the industry leader in aluminium and
copper.
With a consolidated turnover of US$18.7 billion, Hindalco is
the world's largest aluminum rolling company and one of

UltraTech Cement Ltd. is the largest manufacturer of grey

cement, Ready Mix Concrete (RMC) and white cement in India. It
is also one of the leading cement producers globally. Ultra tech
is the subsidiary of Grasim Industries which is owned by Aditya
Birla Group.

The Profile of Mahindra is given in the article Top Truck

companies in India.

Starting with a single plant in 1982, now JSW Steel is India's

leading manufacturer of value-added and high-grade steel
products. The Company has plants in Karnataka, Tamil Nadu,
and Maharashtra.
JSW Steel is a flagship company of the JSW Group and the
second-largest steel companies of India. The Company has a
steel making capacity of 18 MnTPA . Ranked 7 th amongst Top
34 World Class Steelmakers by World Steel Dynamics. It has a
large scale presence in both India and international.

Motherson Sumi Systems Limited (MSSL), the flagship

company of the Motherson Group was established in 1986 in
a joint partnership with Sumitomo Wiring Systems, Japan.

Tata Steel was established in India as Asia's first integrated

private steel company in 1907 owned by Tata Group. The
companies crude steel capacity across Indian operations is
nearly 19 MnTPA.
Tata Steel is the second-largest steel producer in Europe with a
crude steel production capacity of over 12.1 MnTPA. It is the
largest steel companies in India. Tata Steel acquired Bhushan
Steel Limited in the year 18-19. Global India Business Forum
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LARGEST MANUFACTURING COMPANIES IN THE WORLD IN 2020

Daimler AG is a German multinational automotive corporation,

Ranking number 1 on the list of the top 10 largest manufacturing headquartered in Mercedesstraße, Stuttgart, Germany that
companies in the world is the renowned German multinational specializes in manufacturing automotive products and parts.
automotive manufacturing company Volkswagen Group, The company was founded in 1926 and brings in current
Founded in 1937 in Berlin, Germany, with its current annual revenues of USD 185.2 billion.
headquarters in Wolfsburg, Germany. The company is the
largest manufacturing company in the world because it
operates 100 production facilities across 27 countries. The
Volkswagen Group brings in annual revenues of USD 282.9
billion,
The company's products offerings include automobiles,
commercial vehicles, internal combustion engines,
motorcycles, and turbo machinery.

6th on BizVibe's list of the top 10 largest manufacturing

companies in the world is the American multinational
corporation headquartered in Detroit, General Motors. 6th
among the leading manufacturing companies by revenue and
the company was also ranked 13th in the USA by revenue for all
companies by Fortune 500 rankings. General Motors brings in
annual revenues of USD 137.2 billion.

The brand power of Toyota Group has always been super strong
and that's why the company is the 2nd biggest manufacturing
company in the world. Toyota Group is a group of companies that
have supplier, vendor and investment relationships with Toyota
Industries and Toyota Motor vehicle manufacturing facilities.
Toyota Group headquarters are in Toyota, Aichi, Japan and
currently brings in annual revenues of USD 265.1 billion —
making the company 2nd on the list of the largest
manufacturing companies in the world.
Samsung Electronics is a South Korean multinational
electronics company headquartered in Suwon, South Korea
and 4th on BizVibe's list of the top manufacturing companies
in the world. The company is known for its consumer
electronics and electronic components including
semiconductors, batteries, chips, flash memory, and more that
it manufactures for major clients such as Sony, Apple, HTC
and more. Samsung was founded in 1969 and brings in
annual revenues of USD 221.6 billion.

Apple is a multinational technology company that is renowned

in the world for its brand power. Aside from a very positive public
perception, Apple is also a company that brings in some of the
highest revenues and profits in the word. Apple's annual
revenue in 2019 was USD 260.2 billion — 3rd on the list of the Global India Business Forum
largest manufacturing companies in the world. Apple was THE BUSINESS TYCOONS
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37
ADVANTAGES TO INDIA MANUFACTURING ADVANCED PLANNING AND SCHEDULING SOFTWARE

1 | RAW MATERIAL CONTROL Advanced Planning and Scheduling (APS) software

Factories in India are sticklers about testing, retesting and
certifying that the raw materials they receive are exactly as they
should be. If you have a metals project, you should definitely
consider adding India to your global supply chain, as various
metals are native to this region. Such strategic sourcing will pay
off in the long run.
2 | LABOR RESOURCES
India has engineers. Lots and lots of engineers. And many are
bilingual. Did you know that India has the second-largest
English-speaking population in the world, second only to the
US? An impressive 225 million Indian residents speak English,
according to data from November 2014. Additionally, a labor
force of 500 million+ skilled and unskilled workers certainly
doesn't hurt for manufacturers. The WSJ reported in June 2015
that a whopping 12 million people enter India's work force each
year.
3 | LABOR COST ADVANTAGE
Speaking of the labor pool, India serves as a worthwhile
alternative to China because of their lower cost of labor. As of
November 2014, the hourly manufacturing labor cost in India
averaged 92 cents, compared to $3.52 in China, according to
Bloomberg (data via Boston Consulting Group). While India lacks
the advanced infrastructure that China has to offer, India
manufacturing is absolutely viable and thriving today. Prime
Minister Narendra Modi's Make in India campaign aims to make
major changes on this front as well.
has become a must for modern-day manufacturing
operations due to customer demand for increased
product mix and fast delivery combined with
downward cost pressures. APS can be quickly
integrated with a ERP/MRP software to fill gaps
where these system lack planning and scheduling
flexibility and accuracy. Advanced Planning and
Scheduling (APS) helps planners save time while
providing greater agility in updating ever-changing
priorities, production schedules, and inventory plans.
Create optimized schedules balancing production
efficiency and delivery performance
Maximize output on bottleneck resources to increase
revenue
Synchronize supply with demand to reduce
inventories
Provide company-wide visibility to capacity
Enable scenario data-driven decision making

4 | QUALITY EQUIPMENT
Indian factories are equipped with... Indian machinery? You
might be surprised to learn that you're more likely to find
Japanese machines in an Indian factory, as the ownership
demands quality equipment to manufacture their products.
They also rely heavily upon world-class measurement tools and
machines (micrometers, tensile, spectrometer, etc.) that are
manufactured in Japan.

5 | RICH HISTORY + PROMISING FUTURE

While Western investments in India may seem like a relatively
new phenomenon, the reality is that India has a long history as
an industrial center in Western Asia. In fact, India was a largely
unmatched industrial power until 200 years ago. According to
the blog 2ndlook, "India's de-centralized manufacturing made it
a lead innovator and manufacturer for the longest period in
human history."
Combine this impressive track record with predictions of
prosperous growth, and you'll see that India is, unmistakably, a
promising industrial hub.

6 | FAMILY FACTORIES
Factories in India are often family-owned and family-run. It's not
uncommon for retiring fathers to pass factories down to their Global India Business Forum
children, or for a parent to buy a factory for their returning child
to operate. While family businesses come with their own
THE BUSINESS TYCOONS
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challenges, they are typically regarded as more flexible, e- Magazine : Up to date business news and inspiring stories
reasonable and trustworthy. www.GIBF.biz | www.TheBusinessTycoons.com

38
 Mali An
Mali officially the Republic of Mali (French: République du
Mali; Bambara: Mali ka Fasojamana; N'Ko script: is a landlocked
country in West Africa. Mali is the eighth-largest country in Africa, with an
area of just over 1,240,000 square kilometres (480,000 sq mi)..
infocus
The population of Mali is 19.1 million. 67% of its population was estimated
to be under the age of 25 in 2017. Its capital is Bamako. The sovereign
state of Mali consists of eight regions and its borders on the north reach
deep into the middle of the Sahara Desert, while the country's southern part,
where the majority of inhabitants live, features the Niger and Senegal rivers.

The country's economy centers on agriculture and mining. Some of Mali's

prominent natural resources include gold, being the third largest producer of
gold in the African continent, and salt. Present-day Mali was once part of three
West African empires that controlled trans-Saharan trade: the Ghana Empire
(for which Ghana is named), the Mali Empire (for which Mali is named),
and the Songhai Empire.

During its golden age, French Sudan (then known as

there was a flourishing of
mathematics, astronomy, literature,
and art. At its peak in 1300, the Mali
Empire covered an area about twice
the size of modern-day France and
stretched to the west coast of Africa.
In the late 19th century, during the
Scramble for Africa, France seized
control of Mali, making it a part of
French Sudan.
the Sudanese Republic) joined with
Senegal in 1959, achieving
independence in 1960 as the Mali
Federation. Shortly thereafter, following
S e n e g a l ' s w i t h d ra wa l f r o m t h e
federation, the Sudanese Republic
declared itself the independent Republic
of Mali. Mali as a democratic, multi-
party state.

Mali Games
The most popular sport in Mali is football (soccer),which rose to the level of national
obsession when Mali was chosen to host the 2002 African Cup of Nations. Most towns have
professional or semi-professional men's clubs which play in one national (professional)
league and two regional (semi professional) leagues. A majority of clubs are based in
Bamako, the capital city, and the most popular teams nationally, Djoliba AC, Stade Malien,
and Real Bamako, all play there.

39
 Naturally Rich
Mali is one of the hottest countries in the world. The
thermal equator, which matches the hottest spots year-
round on the planet based on the mean daily annual
temperature, crosses the country Most of Mali receives
negligible rainfall and droughts are area.
During this time, flooding of the Niger River is common, creating the Inner Niger Delta. The vast
northern desert part of Mali has a hot desert climate (Köppen climate classification BWh) with long,
extremely hot summers and scarce rainfall which decreases

Economy
The economy of Mali is based to a large extent upon agriculture, with a mostly rural population
engaged in subsistence agriculture.

Main Industries: Food processing, construction, and phosphate and gold mining. Natural
resources also include kaolin, salt, limestone, uranium, and hydro-power.

GDP – By Sector: Agriculture: 41.8 (2017 est.)

industry: 18.1% (2017 est.)
services: 40.5% (2017 est.)

Exports: $3.06 billion (2017 est.)g

Exports - commodities: Cotton 50%, gold, livestock.

Exports – partners: Switzerland 31.8%, UAE 15.4%, Burkina Faso 7.8%, Cote d'Ivoire 7.3%,
South Africa 5%, Bangladesh 4.6% (2017)

Imports: $3.644 billion (2017 est.)

Imports - commodities: Petroleum, machinery and equipment, construction materials,

foodstuffs, textiles.

Imports - partners: Senegal 24.4%, China 13.2%, Cote d'Ivoire 9%, France 7.3% (2017)

Renewable Resources
Mali's mineral resources are extensive but remain relatively undeveloped. Exploited
deposits include salt (at Taoudenni), marble and kaolin (at Bafoulabé), and limestone
(at Diamou). The most important exploited mineral is gold, a significant source of
foreign exchange. Gold is mined primarily in the southwestern areas of the country,
on the Mandingue Plateau. The ancient Malian empire was based on the exploitation
of gold, but those deposits were depleted before the advent of colonial rule in the
19th century. Mali has many mineral deposits that are not commercially exploited,
owing to the country's limited infrastructure. Iron is the most widespread, with
deposits found in the west near the Senegal and Guinea borders.

40
 Culture
The culture of Mali derives from the shared
experience, as a colonial and post-colonial polity,
and the interaction of the numerous cultures which
make up the Malian people. What is today the nation
of Mali was united first in the medieval period as the
Mali Empire. While the current state does not include
areas in the southwest, and is expanded far
to the east and northeast, the dominant roles of the Mandé peoples is shared by the modern
Mali, and the empire from which its name originates from. In the east, Songhay, Bozo, and
Dogon people predominate, while the Fula people, formerly nomadic, have settled in patches
across the nation. Tuareg and Maure peoples continue a largely nomadic desert culture, across
the north of the nation. The interaction of these communities (along with dozens of other
smaller ethnicities) have created a Malian culture, marked by heterogeneity, as well as
syntheses where these traditions intermix.

Transportation
Transportation is controlled by the government's Malian Transport Authority.
Mali has some 729 km (453 mi) of railroad, served by diesel electric
locomotives. The main line, from Dakar in Senegal to Bamako, runs a twice-
weekly passenger service. There is more frequent service between Bamako
and Koulikoro, the last stop on the line, and between Bamako and Kayes. The
IBRD has helped finance the modernization of the Malian rail system. Mali's
road network includes about 15,100 km (9,383 mi) of highways of which some
1,827 km (1,135 mi) were paved as of 2002. A major project, completed in
1986, was the construction of a 558-km (347-mi) road between Gao and
Sévare, near Mopti, to be part of a trans-Sahara highway linking Algeria and
Nigeria

Air Mali, formerly Compagnie Aérienne du Mali (abbreviated as CAM), was an airline based in Mali that was
formed by the Aga Khan Fund for Economic Development (AKFED) through its subsidiary IPS, West Africa
and the government of Mali in April 2005. Air Mali, formerly Compagnie Aérienne du Mali (abbreviated as
CAM), was an airline based in Mali that was formed by the Aga Khan Fund for Economic Development
(AKFED) through its subsidiary IPS, West Africa and the government of Mali in April 2005.

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41
Investment in MALI
FDI flows to Mali are weak and unstable due to the fragile political and security situation. According to
UNCTAD's 2020 World Investment Report, FDI inflows increased in 2019 to USD 494 million, compared SMARTER
to USD 467 million one year earlier. The stock of FDI has been growing year by year and was estimated INVESTING :
at USD 5 billion in 2019. Most foreign direct investments are oriented towards mining (gold
exploitation), oil extraction, textile industry, financial intermediation, telecommunication and Experience &
infrastructure. Mali's leading investors are the UK, Australia, Canada, South Africa and Ivory Coast Discipline
(data BCEAO). Mali benefits from substantial natural resources such as gold, bauxite and iron, and is
Africa's main cotton supplier.

Productive Promotion and Attraction of Foreign Investment Law

Mali benefits from substantial natural resources such as gold, bauxite and iron, and is Africa's main
cotton supplier. In general, the law treats foreign and domestic investment equally, but state-owned
enterprises distort the economy and limits on ownership in the mining and media sector persist (90%
foreign ownership limit in the mining sector, 50% in media). In recent years, the government of Mali has
put in place FDI promotion policies aimed at encouraging competitiveness and private sector IMPORT-EXPORT
participation in almost all sectors. The Agency for Investment Promotion (API) is the authority that
Mali mainly exports gold
serves as a one-stop shop for potential investors.
(more than half of total
What are the benefits of new investments in basic industries? exports),cotton, live
animals, and fertilisers;
The government of Mali has put in place FDI promotion policies aimed at encouraging competitiveness importing chiefly
and private sector participation in almost all sectors. The Agency for Investment Promotion (API) is the petroleum oils,
authority that serves as a one-stop shop for potential investors. However, political instability and medicaments,
security concerns in the north of the country tend to dissuade investors. The judicial system is cement and rice.
inefficient and prone to corruption. State authority in parts of the North is still tenuous, and corruption
remains a problem throughout the government, public procurement, and both public and private
contracting, where demands for bribes are frequently reported (Mali ranked 130th out of 180 countries
in the 2019 Corruption Perceptions Index of Transparency International). Labour regulations, although
not fully enforced, are relatively rigid. Mali ranked 148th out of 190 countries in the 2020 Doing INDIA MALI TRADE
Business report published by the World Bank, losing three positions compared nd education sectors for RELATIONS
*
India–Mali relations refers
Indian companies to invest and avail the opportunities. to the bilateral ties between the
Republic of India and the
Republic of Mali. Both nations
are part of the Non-Aligned
Movement. The two sides
agreed to deepen bilateral
relations. President Toure and
Prime Minister Manmohan
Singh led their respective
delegations during the talks.

CONSULATE GENERAL
OF MALI
A2 /29, Block A2 Safdarjung Enclave,
New Delhi, Delhi - 110029

42
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 ABHI
GROUP
COMPANIES
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45
UPCOMING GIBF JOINTS EVENTS & TRADE FAIRS

Financial Management Series – A series Of

Online Certification International Trade and
Operations

Virtual Event
Event Date
September, 2020
Organiser
India Chamber of commerce

The Indian Chambers of Commerce (ICC) is planning a series of online certification courses on International Trade and Operations.
Our industry-backed online certification programmes are developed and taught by leading experts from the world's best and most
knowledgeable courses and organizations.

The 7th International Conference on

Social Sciences -2020

Virtual Event
Event Date
17th - 18th September, 2020
Organiser
The International Institute of
Knowledge Management

ICOSS 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the conference program.
Events will run over a span of time during the conference depending on the number and length of the presentations. With its high quality, it
provides an exceptional value for students, academics and industry researchers.

Two day conference with virtual access to all the Special
Features
Present and share your research work via the online
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Listen to the presentations and join the Q&A Session
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The presentation will be evaluated by a panel of experts
Obtain quality conference materials provided by the
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46
UPCOMING GIBF JOINTS EVENTS & TRADE FAIRS

The 7th International Conference on

Arts and Humanities

Virtual Event
Event Date
17-18 September, 2020
Organiser
The International Institute of
Knowledge Management
The ICOAH 2020 organizing committee welcomes papers from a wide variety of interdisciplinary and theoretical perspectives under the
conference tracks. ICOAH 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the
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Two day conference with virtual access to all the Special
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Present and share your research work via the online
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Committee.

Transform Your Imagination to

your Destiny.

Virtual Event
Event Date
17-18 September, 2020
Organiser
The International Institute of
Knowledge Management
The ICOAH 2020 organizing committee welcomes papers from a wide variety of interdisciplinary and theoretical perspectives under the
conference tracks. ICOAH 2020 is dedicated to bringing together a significant number of diverse scholarly events for presentation within the
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The Scientific Committee consists of the experts in the field from many different countries in the world. The Committee Members evaluate your
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47
PAST GIBF JOINTS EVENTS & TRADE FAIRS
7th International Conference on Hospitality
and Tourism Management 2020
(ICOHT 2020)

Virtual Event
Event Date
25th-26th August, 2020
Organiser
The International Institute of
Knowledge Management
7th International Conference on Hospitality and Tourism Management 2020 (ICOHT 2020) has decided to convert the Conference
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MarketsandMarkets World ADAS

&
AD Conference

Virtual Event
Event Date
6th -7th August, 2020
Organiser
MarketsandMarkets World ADAS
& AD Conference
Automotive companies are embracing connected and smart technologies to offer safer and future-ready vehicles by investing in Advanced
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3 DAY ONLINE WORKSHOP ON

INTELLECTUAL PROPERTY RIGHTS

Virtual Event
Event Date
30thJuly -1st August 2020
Organiser
The ASM Group of Institutes

The ASM Group of Institutes provide the complete educational package, starting from KG to Ph.D., and state-of-the-art
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over 60,000+ alumni working with top-notch MNCs in India and abroad.

48
PAST GIBF JOINTS EVENTS & TRADE FAIRS

INTERNATIONAL VIRTUAL CONFERENCE

ON PUBLIC HEALTH (IVCPH 2020)

Virtual Event
Event Date
28th August, 2020
Organiser

The International Virtual Conference on Public Health (IVCPH 2020) is currently underway with the participation of over 50 Academics,
professionals, Public health specialists representing over 20 Countries from across the Globe.

Primary Health Care Environmental Health Non Communicable Diseases

Metabolic Syndrome Epidemiology Health Economics
Maternal, Infant and Child health Mental Health Sexual and Reproductive Health
Family Planning Adolescent & Young Adults Health Health Communication and Health
Occupational and Safety Health Social Determinants of Health Information Technology
Oral Health

6TH WORLD CONFERENCE ON WOMEN'S

STUDIES 2020 (WCWS 2020)

Virtual Event
Event Date
·27th - 24th July 2020
Organiser
The International Institute of
Knowledge Management

The 6th World Conference on Women's Studies (WCWS 2020) was successfully held on 27-28 July 2020 with the collaboration of Asian-african
Association for Women, Gender and Sexuality (AAAWGS), Tokyo Gakugei University, Japan, Bridgewater State University, USA, Center for
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Conference also had strategic partners Women's International Foundation 47 (WFO), Sri Lanka and Room to Read as well as media coverage.
WCWS 2020 online conference welcomed more than 65+participants from more than 20 countries for an online gathering of grand success.
The Conference chaired by Prof. Diana Fox, Professor and Chairperson, Department of Anthropology, Journal of International Women's Studies,
Bridgewater State University, USA under the theme “Overcoming Women Subordination: Socialization Law, and Structural Changes”.
The conference discussed the current global health crisis making a clear spotlight on societies' many structural inequalities rooted in socio-
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ecological destruction impacting the most vulnerable. Feminist, gendered policy responses and the problems were addressed during the two-
day online conference by recognized key persons in the field. By sharing research work offered the opportunity not only to be part of a global
Women's Studies community, but also advanced conference participants careers during a period when so much is on hold. Moreover, TIIKM
ensured all conference participants received the full benefits of the Conference through the advanced online platform.

49
PAST GIBF JOINTS EVENTS & TRADE FAIRS

THE 2ND WORLD CONFERENCE ON CHILDREN

&
YOUTH – (CCY 2020)

Virtual Event
Event Date
23rd – 24th July 2020
Organiser
The International Institute of
Knowledge Management

The Organizing Committee of the 2nd World Conference on Children and Youth – (CCY 2020) has decided to convert the Conference to the Virtual
mode as with the prevailing situation, a Place-based Conference is highly threatening to the health safety of our participants and with the intent
of delivering the promise of the Conference happening as scheduled. We are excited to welcome you to the online virtual conference on Children
and Youth (CCY 2020) to be held on the 23rd– 24th July 2020. We therefore invite you to participate in the two-day online conference, and look
forward to your contribution. Moreover, TIIKM will ensure you receive the full benefits of the Conference through our advanced online platform.

50
51
 - Global Offices -

USA United Kingdom

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