Trade Journal 23rd Edition th 15 Dec 2015

Export Trust.com Online Trade Journal - 23rd Edition 15th December 2015 Export Trust .com is India’s First & Unique Online Trade Journal for Exporters & Importers which provides 100 Recent Buyers inquiry with Latest Trade news and Statistics for Every 15 days, our main aim is to bring conglomeration among buyers and traders. We provide all information regarding trade and commerce from reliable source, which provides a sharp and wide vision to trafders inglobal market.

Agricultural, Raw Food Items & Beverages, Prepared Food Products

Antibiotic-Free Shrimps

may Largely Boost Indian Seafood Exports

Systematic introduction of Vannamei Shrimps by Indian regulatory agencies have paved the way for suffering shrimp aquaculture to grow exponentially in the last few years. May large shrimp and sea buyers from US and European Union are now looking at India as a stable and reliable supplier of processed shrimps. Major investment have come in to support this by way of new farms, hatcheries, feed mills and processing factories.

Food traceability and safety are the two primary issues which when addressed would eventually support the industry to achieve its goal. The antibiotic reisdues in farmed shrimps is a major concern for food safety. There are also issues being raised about the use of pond-reared brood stock, in place of specific pathogen-free Vannamei brood stock, in the hatcheries. Once the banned antibiotics in processed shrimp are detected, the port of entry in US or EU would be rejected of import consignment.

Farmers are required to educate on good aquaculture practice. Coastal Aqua Culture Authority (CAA) has issued a public notice, advising all the aquaculture input manufacturers (indigenous) and distributors (imported) of all aquaculture inputs to register their products indicating the type of product, its chemical/ biological nature, application dosage suggested and the generic process of manufacture.

India’s Coffee Exports Remains Moderate due to Higher Local Prices

Earlier in November 2015, Indian government allowed 100 percent foreign direct investment in coffee plantation. But, foreign investment in coffee is expected to meet the same fate as that in tea, with the Indian plantation sector reeling under a crisis with very little support from the Centre. Coffee Exporters’ Association has stated that the latest measures would not have any major impact, at least in the short-term.

Indian plantations are said to be not much viable compared with other countries. While Indian earned Rs 3,234 crore from coffee exports in FY15, the shipments worth Rs 1,635 crore were made between April and August this year. However, the current coffee prices are showing a downward trend and so exporters are apprehensive about returns even though the Indian rupee has fallen to over 66 per dollar. Prices are unlikely to gain as supplies from Vietnam have started.

Robusta coffee futures dipped last week to a near two-year low, pressured by fresh supplies from top grower Vietnam and by a slightly firm dollar. In the 201516 coffee season, the output is estimated at 5.3 million bags of 60 kg each as higher crops in the arabica variety has boosted the overall output. Robusta output is expected to remain unchanged from the previous forecast, as per the foreign agriculture service of the USDA.

Grape Growers from India Estimate Record Export Figures

India’s grape growers are expecting a good export season this year. As per an estimate, India is expected to export 2 lakh tonne grapes if the weather holds up in the major growing regions. India had exported 1.12 lakh tonne grapes in the last season and a record 1.92 lakh tonne in 2013-14 fiscal. All India Grape Exporters Association stated that new markets are opening up to Indian grapes. Canada, Australia and Russia have shown their interests in

grapes from India. In Nashik, harvesting has begun at vineyards and some flowering has been destroyed owing to rains. Around 10 percent of the crop has experienced cracking. But this is not expected to impact the export scenario. Farmers have begun registering with Apeda under GrapeNet, the online platform. There were some 25,000 registrations on GrapeNet for export last year and the numbers have marginally grown up this year.

Nashik is the largest producer of grapes with nearly 1.75 lakh acres under vineyards, while total acreage in Maharashtra is around 2.50 lakh acres. The acreage is unlikely to change and has risen around 1-2 percent. Prices in the domestic market touched Rs 30-35 per kg last year while the overseas market commanded prices between Rs 60-65 per kg. Nearly 60,000 tonnes is expected to be exported to European Union.

Indian Jute Industry Impels Bangladesh to Remove its Export Ban

Industry delegation from Indian Jute Mills Association (IJMA) met up with Deputy High Commissioner of Bangladesh to seek a withdrawal of the ban on export of raw jute. The association stated that the ban imposed through an order dated December 2nd, needs to be withdrawn in the interest of commerce between two friendly neighbors, who are also SAARC members. IJMA stated that even prior to the official ban, a one month

ban was imposed by an order in November 2015, which led to freezing of contracts between Bangladesh raw jute sellers and Indian jute mills and traders. Around 50,000 tonnes of raw jute were involved in these settled contracts. IJMA has already made its representation before Ministry of Commerce and Ministry of Textiles, seeking intervention in this matter. The prevailing crisis in the Indian jute industry has already incited a 30 percent increase in

prices of the golden fibre and an artificial shortage created by hoarding. At present, more than 20 percent of the jute mills in West Bengal are closed due to this crisis rendering over 50,000 jute workers jobless. It was only recently decided to approach the Union Commerce Ministry to pursue the matter relating to the lifting of the raw jute export ban by Bangladesh.

Wildly Uncertain Prospects in the Indian Exports of Margarine, excluding Liquid Margarine

sub-heading of the 17 heading, which comes under HSC Chapter 15, representing ‘Animal or vegetable fats and oils and their cleavage products; prepared edible fats’. In India, the exports of margarine, increased to extraordinary proportions in FY11 by 240.53 percent, taking up the export value to Rs 61.16 percent. In FY12, the persistent downward trend returned bring the total value by (-) 79.63 percent, which was followed by a similar kind of negative growth of (-) 44.86 percent in Margarines, excluding liquid FY13, pushing down the export margarine is exported under the value to a mere Rs 6.87 lakh. Margarine is an imitation butter spread used for spreading, baking and cooking. It was originally created from beef tallow and skimmed milk. Margarine, later was mainly made from refined vegetable oil and water, and may also contain milk. Margarine is also commonly used as ingredients in food products such as pastries and cookies. The roles of butter and traditional margarine are similar with respect to their energy content.

In the 2013-14 fiscal, there was incredible postitive growth of 200.04 percent. In FY15 too, the same upward trend continued to post 209.28 percent, making the exports to touch past Rs 63.76 lakh. The key nations to which India exports Margarine: Australia, Canada, UK, Spain, Italy, Switzerland, New Zelaand, Germany, Austria, Luxembourg, Romania, Czech Republic, Russia, Portugal, Mexico, US, Singapore and Japan.

Indian Government Urged to Raise Crude Palm Oil Import Duty

Oil Palm Developers and Processors Association (OPDPA), the nodal agency for palm oil development in India, has insisted the Centre to surge the import duty on crude palm oil to 45 percent. The Centre has recently increased the import duty on crude palm oil to 17.5 percent from 5 percent. India’s current vegetable oil import bill is to the tune of $10 billion out of which 80 percent comprises of palm oil and its derivatives.

Prices of palm oil are commodity based and are dictated by the largest palm oil producers like Malaysia and Indonesia. Declining global prices have cut into the margins of the farmers as well as the processors making it difficult for the industry to remain viable. OPDPA has stated that the CACP committee has benchmarked a crude palm oil price of $800 (per MT) as the price of oil at which the Indian farmer makes a decent return.

In order to meet the minimum renumerative price to farmers, as given by the CACP guidelines, the import duty on crude palm oil needs to be close to 45 percent. The farmers will feel good, only on support of this sort, and will thereby take up further plantation of oil palm which is seen as essential for the socioeconomic growth of India.

India’s Exports of Vital Agri Products Declines

Of the ten significant agricultural products that are exported from India, six have tumbled by a greater margin in October 2015, while overall exports contracted by 17.53 percent to $21.35 billion. Oil meals exports recorded the maximum decline as it fell over by 65 percent to $28.34 million from last year’s $81.06 million. Other agricultural products such as rice and cereals, too, seen a vast decline, falling by 40.68 percent and 39.27 percent respectively. Outbound shipments of other

agricultural products in October 2015, including cashew, spices, and oilseeds has also shrank to a vital point. Tobacco, coffee, tea and fruits & vegetables were the only product categories that registered positive exports over the corresponding month of 2014. India’s agriculture segment has recently been facing plenty of challenges. Less rainfall during the monsoon season has also added to the industry’s persistent woes. The products are also facing stiff competition from other Asian

economies including Indonesia, Thailand and Vietnam as per the report from Federation of Indian Export Organizations (FIEO). It was, however, stressed that a weak global demand has also been one of the major contributors to the fall. The centre, last month, had announced a 3 percent interest subsidy scheme, which is applicable on all exports of Micro and Small Medium Enterprises (MSME) and 416 tariff lines but not to merchant exporters

Indian Cotton Prices Perky as Output Falls & Export Rises

ty and quantity of the crop has come down. Pakistan’s cotton production is expected to drop 25 percent to 11.4 million bales this year, the lowest since 2003. Bangladesh and Indonesia will be other two major buyers of Indian cotton. Demand from China may not see a rebound as it normally buys more than 50 percent of India’s shipments. Indian farmers, last year, suffered after China, the world’s top cotton consumer, cut import quotas Pakistan is buying more cotton to balance its own stockpiles acfrom India as both the quali- cumulated over two years. Pakistan garments manufacturers have seen India’s market as a big oppportunity and so it has also opened its door to India to sell cotton, potentially moving domestic prices even as harvesting continues. The neighboring nation has so far contracted to import one million bales (170 kg each) of cotton from India after the crops there were affected by floods, as per report from Cotton Association of India (CAI).

Cotton wholesale prices were quoted above Rs 4,100 a quintal as of December 4th in most of the places in Gujarat & Telangana, as compared with about Rs 3,200 a quintal in October 2014, according to agriculture ministry data. Indian government has aksed the Cotton Corporation of India (CCI) to buy the fibre at a minimum support price of Rs 4,000 a quintal. This year the MSP hasn’t increased.

Indian Raw Sugar Exports Flows Easily as Mills go for ‘Whites’

India’s raw sugar exports are estimated to slow down after global prices softened, with mills prioritising sales of lowquality whites to the domestic and international markets, as per trade sources. Scaled-back expectations are predicted for Indian sugar production in 2015/16 and 2016/17 due to prolonged dry weather, augured for stronger domestic prices. European trade sources predict that some 50,000 tonnes of Indian raw sugar exports had been contracted so far in the

2015-16 sugar season.

The trade was also waiting for the official announcement of an Benchmark ICE raw sugar export incentives program, in futures hit a 10 month peak of which the Centre has targeted 15.78 cents a pound, triggered exports of 3.2 million tonnes by expectations that the global of sugar in 2015/16. Domestic market was shifting into deficit sugar prices, in the last three after years of surpluses. Indian months, have rised by nearly a dealers and millers stated that quarter. Far month contracts are reduced expectations for Indian trading at a 20 percent premium sugar production and a rise in over spot prices. The dealers are local prices meant that output also expecting a rally in local of low-quality whites, with a prices due to lower production premium over raws, would make and so are making only whites. better returns than exports of raws.

Reasonable Growth in the Indian Exports of Sweet Potatoes

similar roots and tubers with high starch or inulin content’. The heading comes under HSC Chapter 7, indicating ‘edible vegetables and certain roots and tubers’. In India, the export of sweet potatoes in FY11 surged moderately by 32.11 percent to reach a total value of Rs 74.12 lakh. The prospects seemed healthier in FY12 as the growth was 76.93 percent, but was followed by a downfall of (-) Sweet potatoes are exported 20.54 percent in FY13, to reach under the 2nd sub-heading past a total value of Rs 104.21 of heading 14, representing lakh. In the 2013-14 fiscal, ‘Manioc, arrowroot, salep, there was slight increase of 4.28 artichokes, sweet potatoes and percentm whereas in the 2014Sweet potatoes are root vegetables with large, starchy, sweet-tasting, tuberous roots. Sweet potato varieties with white or pale yellow flesh are less sweet and moist than those with red, pink or orange flesh. The starchy tuberous roots are by far the most important edible product. In few tropical areas, sweet potato is a stable food crop.

15 financial year, the growth was restricted to 15.33 percent. The key nations to which India exports sweet potatoes: Guinea, Sierra Leone, Nigeria, South Africa, Kenya, Japan, Sri Lanka, Philippines, Malaysia, South Korea, New Zealand, Thailand and Indonesia.

Steadfast Prospects in the Indian Exports of Agar-agar

Agar-agar is a jelly-like substance obtained from algae. Agar has been chiefly used as an ingredient in desserts throughout Asia and also as a solid substrate to contain culture media for microbiological work. Agar-agar can also be used as laxative, an appetitive suppressant, vegetarian substituite for gelatin, a thickener in soups, in fruit preserves and as clarifying agent in brewing fabrics. Agar-agar is one of the sub-

heading under the heading ‘Vegetable saps and extracts’, which belongs under HSC Chapter 13, indicating for ‘lac; gums, resins and other vegetable saps and extracts’. In India, the exports of agar-agar faltered by (-) 6.30 percent in FY11 to touch past total export value of Rs 545.51 lakh. In FY12, the exports improved healthily by 62.93 percent, whereas in FY13 the export prospects were brightened by 73.64 growth to attain a value of Rs 1,543.32 lakh. In the 2013-14 fiscal, the

prospects stayed steady at 60.17 percent, which was followed by a slight decline of (-) 11.77 percent in FY15, bringing down the export value to Rs 2,180.96 lakh. The key nations to which India exports agar-agar: Japan, Philippines, Vietnam, Indonesia, Malaysia, Thailand, South Korea, Myanmar, Singapore, Hong Kong, Russia, Mexico, Canada, UK, Italy, Sri Lanka and Bangladesh.

Soymeal Exports of India Showcases Record-Low Figures

Soymeal exports of India fell down to 22 percent during the first eight months of the current financial year as compared to similar period of previous year thanks to Japan, a big importer of soymeal shifting to GM soyameal, lifting of sanctions on Iranand stiff competition from other countries. As per Solvent Extractors’ Association of India (SEA), the export of soybean meal is at a historic low during current fiscal. The exports reported 55,889 tonnes during the first eight

months of the financial year 2015-16 compared to 250,904 tonnes in the previous year. The export of oil meals during November 2015 is reported at 112,081 tonnes compared to 189,032 tonnes in November 2014, down by 41 percent. The overall export of oilmeals during April-November 2015 too is reduced by 38 percent compared to last year and reported at 895,646 tonnes compared to 1,452,105 tonnes during the same period of last year and 2,602,966 tonnes for the period April-Nov. 2013.

SEA stated that soybean crushing is very much reduced due to continous disparity and high price of domestic market affecting overall domestic availability of both oils and meals. Rapeseed meal export is also reduced to one-third of last year. The capacity utilization is also at the lowest. Exports to Taiwan, Japan, Iran, Thailand, Indonesia and Vietnam reduced considerably due to disparity in these regions against severe competition from other origins including China and Argentina

India’s Export of Buffalow Tallow Flourishes, despite Beef Disputes

Despite the rage over beef controversy in India, the Centre has quietly eased its restrictions on the export of buffalo tallow, as per the government’s official documents. The decision to permit export has resulted in about 40 percent increase in the price of buffalo tallow in just the last few months and feeds into what Prime Minister called the ‘Pink Revolution’. As per the data from Commerce Department, in three months since the lifting of the ban, a

total of Rs 29.85 lakh worth of tallow, weighing 74,000 kg was exported. In the five months since then, between April and August this year, the amount grew over 36 times in value to Rs 10.95 crore. In the April-August period, a total of 2.7 million kg was exported. Foreign trade in beef tallow was previously limited to import alone because India was not a major meat processing country. As per the government officials, the permission to export buffalo

tallow was done on the basis of the recommendation of the line ministry, which in this case was the Commerce Ministry. It seemed like a routine matter; otherwise it would have involved several rounds of interministerial consultations, in which among others the DGFT (the Directorate-General of Foreign Trade) would have been asked to give inputs.

India’s Cotton Export to Pakistan Helps to Cut Down the Surplus Stocks

Pakistan’s cotton crop this year is the smallest yield in a decade due to floods cut down the harvests. So, the country is buying more cotton than expected from India, thereby opening an opportunity for the world’s biggest producer to offload its massive stockpiles. Over the past year, especially after China’s decision to cut import quotas to stimulate demand for its own fibre, India has struggled to find buyers for its cotton.

The problem was also further exacerbated by near record high Indian output. But, the recent frenzt of purchases by Pakistan has once again pushed up cotton prices in India to more than the Minimum Support Price (MSP) in most regions, reducing the pressure on Centre to buy from distressed farmers. India has contracted to export 2 million balesin the marketing year that started on October 1, with Pakistan buying half of that.

As per industry sources, total cotton imports by Pakistan will more than triple this marketing year, with India cornering a major share given lower transporation costs. India has already signed to export cotton to Pakistan for 63-66 US cents per lb, mainly through the Wagah land border in Punjab. More exports by India could put a lid on US cotton prices that have rallied on worries that rain in some producing areas of the US will hit output.

India Ponders Over Fixing Thresholds for

Import of Certain Sensitive Products

India is looking forward to provide concessions to Australia on reportedly contentious items including wines and spirits, diary items and meat products and is estimated to fix a threshold for the import of such items under the ongoing free-trade agreement negotiations. Senior government officials stated that there is a willingness to yield in sector, where India’s & Australia’s, interests would not be adversely impacted. The Centre is also considering

about fixing a threshold for meat, diary products and wines and spirits. For diary products, thresholds would be fixed for only high-end cheese and products which would be supplied to luxurious restaurants and hotels. So, the step won’t affect the domestic diary industry. The diary industry has been up in arms against giving any duty concessions to any nation that is dominant in the diary sector. As per the proposals, if Australia sells these products

above threshold, there will be concessional tariffs. However, any item below this will attract the existing rates. Many rounds of negotiation have already led to comprehensive economic cooperation agreement (CECA). In the CECA negotiations, Australia wants enhanced access for financial services, pulses, wines, and meat and diary products. India wants access for textiles, leather, auto parts, and pharma, among others.

Outstanding Prospects in

the Indian Exports of Fresh Cheese, Including Whey Cheese and Curd

Cheeses are grouped or classified according to criteria such as length of ageing, texture, methods of making, fat content, animal, milk, country or region of origin, etc. Whey cheeses are fresh cheeses made from whey, a liquid remaining after milk has been curdled and strained. Whey would be usually discarded in the process of producing other cheeses. Stretched curd cheeses are known worldwide for its use on pizza. Fresh cheeses are exported under the 1st sub-heading of the

6th heading (Cheese and Curd), falling under HSC Chapter 4, which indicates for ‘Diary produce; birds’ eggs; natural honey; edible products of animal origin, not elsewhere specified or included’. In India, the export of fresh cheeses, including whey cheese, diminished slightly by (-) 11.94 percent in FY11 to buckle down to a total value of Rs 1,371.94 lakh. In FY12, there was a miniscule negative growth of (-) 0.31 percent, which was followed by healthy development of 50.69 percent in the 201213 fiscal. In FY14, the growth

was moderate at 18.65 percent, whereas in FY15, the export prospects progressed better by 63.82 percent, taking upward the export value to Rs 4,005.80 lakh. The key nations to which India exports fresh cheeses, including whey cheese: Russia, Australia, New Zealand, Mexico, Brazil, Argentina, Portugal, Spain, Sweden, Israel, Austria, Iran, UAE, Jordan, Turkey, Egypt, Hong Kong, Malaysia and South Korea.

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Product Required : CORN PRODUCTS Company Name : ANBU BROTHERS (PVT) LTD Address : 100,OLD MOOR STREET COLOMBO 12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2449302, 2422 987 Fax : 94 11 2449302, 2422 987 E-Mail : [email protected] Time difference : Same time as India Product Required : AGRO FOOD PRODUCTS Company Name : EAST WEST FOODS (PVT) LTD Address : 4, FARM ROAD, COLOMBO-15 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2521461 Fax : 94 11 2521858 E-Mail : [email protected] Time difference : Same time as India Product Required : AGRO FOOD PRODUCTS Company Name : STASSEN EXPORTS LTD Address : 833, SRIMAVO BANDARANAIKE MAWATHA, COLOMBO-14 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2522155, 2522373, 2522830 32 Fax : 94 11 2540333, 2540662 E-Mail : [email protected] Time difference : Same time as India Product Required : PICKLES Company Name : HJS CONDIMENTS LIMITED Address : BLOCK 61, 62 & 63, BIYAGAMA EXPORT PROCESSING ZONE, BIYAGAMA Country : SRI LANKA Telephone : 94 11 2465271, 2465764 Fax : 94 11 2465720 E-Mail : [email protected] Time difference : Same time as India Product Required : ANIMAL FEED Company Name : ADAMJEE LUKMANJEE & SONS LTD Address : 140/5, GRANDPASS ROAD, COLOMBO 14 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2445421, 2445422 Fax : 94 11 2445426 E-Mail : [email protected] Time difference : Same time as India

Product Required : MEAT Company Name : SAKR FOR INT’L INVESTMENT Address : 24, EL-KATAIE ST., BEHIND EL-MADINA EL-MENAWARA HOTEL, SIDI GABER City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4597351 Fax : 20 3 4597351 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : VEGETABLES Company Name : TRANSGROW (PVT) LTD Address : 448/6, LAKE ROAD, OFF D P WIJESINGHE MAWATHA, THALANGAMA SOUTH Country : SRI LANKA Telephone : 94 11 4918703, 5731991 Fax : 94 11 2518314 E-Mail : [email protected] Time difference : Same time as India Product Required : ONIONS Company Name : EASTERN PRODUCE EXPORTS Address : 339A 1/1, NEGOMBO ROAD, PELIYAGODA Country : SRI LANKA Telephone : 94 11 2949886 Fax : 94 11 2981062 E-Mail : [email protected] Time difference : Same time as India Product Required : PULSES Company Name : GLOBAL ACCESS COMMODITIES Address : UG 35, PEOPLES PARK COMPLEX, GAS WORK STREET, COLOMBO-11 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2332955, 2433936 Fax : 94 11 2445659 E-Mail : [email protected] Time difference : Same time as India Product Required : FRESH FRUITS Company Name : LANKA CANNERIES LTD Address : P.O.BOX: 341, 45/75, NAWALA ROAD, COLOMBO 05 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2586622 Fax : 94 11 2368480 E-Mail : [email protected] Time difference : Same time as India

Product Required : FOOD ITEMS Company Name : DOUBLE N N F PVT. LTD Address : LEVEL 26, EAST TOWER, WORLD TRADE CENTRE, COLOMBO-1 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2351351 Fax : 94 11 2351352 E-Mail : [email protected] Time difference : Same time as India Product Required : FOOD ITEMS Company Name : RENUKA HOLDINGS PLC Address : P O BOX. 25, 69, RENUKA HOUSE, SRI JANARATANA ROAD, COLOMBO-02 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2422694, 2314750 5 Fax : 94 11 2445549 E-Mail : [email protected], [email protected] Time difference : Same time as India Product Required : SPICES Company Name : IRESHA FOOD PRODUCTS (PVT) LTD Address : 151, PALAGAMA, POLGASOWITA Country : SRI LANKA Telephone : 94 11 2705138, 5769894 Fax : 94 11 2704035 E-Mail : [email protected] Time difference : Same time as India Product Required : SPICES Company Name : TROPICAL SPICES LANKA (PVT) LTD Address : 79, KATUWANA INDUSTRIAL ESTATE, HOMAGAMA Country : SRI LANKA Telephone : 94 28 95466 Fax : 94 11 2895467 E-Mail : [email protected] Time difference : Same time as India Product Required : SPICES Company Name : A S CHATOOR & COMPANY LTD Address : 372-376, K CYRIL C PERERA MAWATHA, COLOMBO 13 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2331627, 2431432 Fax : 94 11 2447891 E-Mail : [email protected], [email protected] Time difference : Same time as India

Product Required : HERBAL PRODUCTS Company Name : EXPO LANKA PHARMACEUTICALS (PVT) LTD Address : 25, DEANS ROAD, COLOMBO-10 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2676398, 2676399, 400 Fax : 94 11 2676456 E-Mail : [email protected] Time difference : Same time as India Product Required : RICE Company Name : ANBU BROTHERS (PVT.) LTD Address : NO. 100, OLD MOOR STREET, COLOMBO-12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2449302 Fax : 94 11 2331313 E-Mail : [email protected], [email protected] Time difference : Same time as India Product Required : FOOD GRAINS Company Name : SHUMS & COMPANY PVT. LTD Address : 33A, QUEENS ROAD, COLOMBO-03 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2592412, 2580170, 2507286 Fax : 94 11 2503619 E-Mail : [email protected] Time difference : Same time as India Product Required : CEREALS Company Name : ASIA GRAIN (PVT) LTD Address : 321, 7G 1/1, UNION PLACE, COLOMBO-02 City : COLOMBO Country : SRI LANKA Telephone : 94 11 4716654, 2303600 Fax : 94 11 4713851 E-Mail : [email protected] Time difference : Same time as India Product Required : GROUNDNUT Company Name : LEELA EXPORTS AND IMPORTS Address : 42, SRIMATH BANDARANAIKE MAWATHA, COLOMBO 12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2423399, 2440128, 2451387 Fax : 94 11 2423414, 2335586 E-Mail : [email protected] Time difference : Same time as India Product Required Company Name Address City Country Telephone E-Mail Time difference

: Tur dal : Lakhani Agency : Begam Bazar : Hyderabad : India : +91- 8121032500 : [email protected] : No Difference

Buying Inquiries for Apparels and Fashion Textiles and Leather Products

Buying Inquiries for Buying Inquiries for Apparels and Fashion , Textiles and Leather Products Product Required : LEATHER PRODUCTS Company Name : MAZHAR TAWAKOL SONS Address : EL-ESTAD ST., TANTA City : GHARBEYA Country : EGYPT Telephone : 20 40 3416815 Fax : 20 40 3416815 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : LEATHER PRODUCTS Company Name : RASHDAN CENTER Address : 6,7, EL-ATHIRY IBN NAFEI ST., BEHIND AHMED OSMAN TOWER, ROXY, HELIOPOLIS City : CAIRO Country : EGYPT Telephone : 20 2 24551555 Fax : 20 2 24555055 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : TEXTILE FABRICS Company Name : FAKHORY FOR TRADING Address : 43, ABU TAKEYA ST. SHUBRA City : CAIRO Country : EGYPT Telephone : 20 2 22056710 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : GARMENTS Company Name : CROWN AIR Address : 37, GAMAL EL-DIN AFIFI ST., OFF HASSAN MAAMOUN ST., NASR CITY City : CAIRO Country : EGYPT Telephone : 20 2 22750049 Fax : 20 2 22750046 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : GARMENTS Company Name : GLOBAL BAGGAGE (PVT) LTD Address : 03 B, B.E.P.Z., BIYAGAMA Country : SRI LANKA Telephone : 94 11 2465058 60 Fax : 94 11 2465057 E-Mail : [email protected] Time difference : Same time as India

Product Required : TEXTILES Company Name : CLARIANT EGYPT Address : KM.22, AMERYA/ALEXANDRIA RD., 21311 ALEX./CAIRO ROAD City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4701149 Fax : 20 3 4701104 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : TEXTILES Company Name : ALEXANDRIA FIBER S.A.E Address : EL-NAHDA RD., BEHIND PETROCHEMICALS COMPLEX, AMREYA City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4770181 Fax : 20 3 4770187 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : TOWEL Company Name : SADAKO TRADING (PVT) LTD Address : 115/1, PAMUNUWA ROAD, MAHARAGAMA Country : SRI LANKA Telephone : 94 11 2843030, 2843033, 4305371 Fax : 94 11 2851748 E-Mail : [email protected] Time difference : Same time as India Product Required : HOME FURNISHING FABRICS/TEXTILES Company Name : QUEENS DECOR LIMITED Address : 470, HAVELOCK ROAD, COLOMBO 6 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2555943, 4511165 Fax : 94 11 2555943 E-Mail : [email protected] Time difference : Same time as India Product Required : TEXTILE FABRICS Company Name : INT’L TRADE CENTER Address : 25, EL-BATAL AHMED ABD EL-AZIZ ST. MOHANDESSIN City : GIZA Country : EGYPT Telephone : 20 2 33477985 Fax : 20 2 33022693 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt

Product Required : GARMENTS Company Name : MAHDY TRADING & AGENCY Address : 8, TALAAT HARB SQ., 1ST FLOOR DOWN TOWN City : CAIRO Country : EGYPT Telephone : 20 2 25756731, 20 2 25748077 Fax : 20 2 25769028 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : GARMENTS Company Name : HILTON TEXTILES (PVT) LTD Address : 200, E, KEYZER STREET, COLOMBO -11 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2336922 Fax : 94 11 2423438 E-Mail : [email protected] Time difference : Same time as India Product Required : TEXTILES Company Name : AL-MISREIA FOR TEXTILE INDUSTRIES Address : IND. ZONE, SOUTH OF PORT SAID INDUSTRIAL ZONE City : PORT SAID Country : EGYPT Telephone : 20 66 3772004 Fax : 20 66 3772008 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : TEXTILES Company Name : NAHDET EL-MAHALLA TEXTILES & DYEING Address : FACTORIES-FAWZY ALI IBRAHIM EL-MANSOUREYA RD., IN FRONT OF EL-NASR CO. DYING & TEXTILE MEHALLA City : GHARBEYA Country : EGYPT Telephone : 20 40 2385840 Fax : 20 40 2385840 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : TOWEL Company Name : SELTA (PVT) LTD Address : 134/1, TEMPLE ROAD, MAHARAGAMA 10280 Country : SRI LANKA Telephone : 94 11 2843030, 2843033 Fax : 94 11 2851748 E-Mail : [email protected] Time difference : Same time as India

Product Required : HOME FURNISHING FABRICS/TEXTILES Company Name : SUPREME GROUP OF COMPANIES Address : 407, KANDY ROAD, KELANIYA Country : SRI LANKA Telephone : 94 11 2911895 Fax : 94 11 2911895 E-Mail : [email protected] Time difference : Same time as India

Automobile Vehicles and Spares

Indian Tyre Industry Rattled by Decline in Production

The Automative Tyre’ Manufacturers’ Association (ATMA) has expressed its concern over the decline in production of tyres at a time when the automobile industry out of recession. Exports and production of the domestic tyre industry have witnessed a contraction during the current fiscal year, as per the statistics released by ATMS.

tyre industry in India is down by 2 percent in the first four months of the current fiscal. An immense drop of 11 percent has been witnessed in Light Commercial Vehicles and Small Commercial Vehicle Tyres. The industry is passing through a difficult phase, where production growth is not only slackening but contraction is being witnessed across key tyre categories.

The production of medium & heavy commercial vehicle (M&HCV) tyres that adds about 60 percent to the top-line of the

A massive increase in dumping of cheap tyres from China is meeting a vital domestic demand, while domestic

capacities are lying unutilized. This doesn’t go well for Indian manufacturing. Tyre production has also been impacted by consistent drop in agriculture tyres production, which has declined for the 2nd successive year. Both tractor front and rear tyre production has dropped by 11 and 13 percent respectively. Nevertheless, passenger car tyres have witnessed a growth of 7 percent during the current fiscal.

Buying Inquiries for Automobile Vehicles and Spares Product Required : AUTOMOBILES/AUTOMOBILES SPARE PARTS Company Name : COLONIAL MOTORS LTD Address : 297, UNION PLACE, COLOMBO-02 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2323342 4 Fax : 94 11 2438424 E-Mail : [email protected] Time difference : Same time as India

Stone,Plastic, Chemicals and all other Minerals and Metals

India’s Steel Imports Declines due to Duty Imposition

India’s steel imports declined for the first time in at least eight months after the government imposed a safeguard tax on some products to protect local producers from cheaper overseas supplies. In November 2015, inbound shipments declined by 6.9 percent to 764,000 metric tons from a year earlier, as per the provisional monthly data from Steel Ministry.

India plans to impose more controls on steel imports before the end of the year to stop the inflow of cheaper supplies as an economic slowdownin China, world’s biggest consumer, widens a global glut. Producers from Russia to China and South Korea are aggressively selling the alloy at lower prices, forcing Indian & US governments to impose measures to protect their local industries.

Imports climbed 34 percent to 7.45 million tons in the eight The fall in Indian imports is months through November. called as ‘a one-off phenomenon’.

Shipments are predicted to rise again this month as domestic steel prices are still at a premium to global rates and imports may slow only if the premium halves to 1,000 rupees a ton. India imposed a 20 percent tax on hot-rolled coils for 200 days in September, after raising the import tax and levying an antidumping duty in the previous three months. The government is expected to place more curbs by the end of the year.

Buying Inquiries for Stone, Plastic, Chemicals and all other Minerals and Metals Product Required : PHARMACEUTICALS Company Name : SMITHKLINE BEECHAM PVT.LTD Address : P.O.BOX. 1744, LEVEL 34, WEST TOWER, WORLD TRADE CENTRE, ECHELON SQUARE, COLOMBO-01 City : COLOMBO Country : SRI LANKA Telephone : 94 11 4790400 Fax : 94 11 2445182, 4790422 E-Mail : [email protected] Time difference : Same time as India Product Required : PHARMACEUTICALS Company Name : HEMAS PHARMACEUTICALS PVT. LTD Address : 439, GALLE ROAD, COLOMBO-03 City : COLOMBO Country : SRI LANKA Telephone : 94 11 4766666 Fax : 94 11 2552743 E-Mail : [email protected] Time difference : Same time as India Product Required : DYES Company Name : UNION INT’L FOR TRADING & INDUSTRY Address : 116, TA’WENEIAT SMOUHA, SMOUHA City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4248972 Fax : 20 3 4248972 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : DYES & DYE INTERMEDIATES Company Name : INT’L CHEMICALS & PAINTS S.A.E (I.C.P) Address : 25, AHMED TAYSEER ST., HELIOPOLIS City : CAIRO Country : EGYPT Telephone : 20 2 24017623, 20 2 26903681 Fax : 20 2 26903681 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : INCENSE STICKS Company Name : GANESH IMPEX Address : 31, GABOS LANE, COLOMBO -11 City : COLOMBO Country : SRI LANKA Fax : 94 11 2301459 E-Mail : [email protected] Time difference : Same time as India

Product Required : DETERGENTS (CHEMICALS) Company Name : SCIENTIFIC AGENCIES CENTER Address : FARAH HOUSE TOWER, 51, MOHAMED FARID ST., BOULKLY, DOWN TOWN City : ALEXANDRIA Country : EGYPT Telephone : 20 3 5226522 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : CHEMICALS Company Name : SAMAHA IMPORT & EXPORT Address : 3, EL-SHEIKH EL-GHAZALY ST., DOKKI City : GIZA Country : EGYPT Telephone : 20 2 37480214 Fax : 20 2 37499685 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : OIL FIELD CHEMICALS Company Name : INT’L CLAY & MINERAL Address : ST. NO. 12, FREE ZONE AMREYA City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4500275 Fax : 20 3 4500277 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : OIL FIELD CHEMICALS Company Name : PETROCHEM FOR CHEMICAL INDUSTRIES Address : 14, PUBLIC FREE ZONE, AMREYA City : ALEXANDRIA Country : EGYPT Telephone : 20 3 4500142 Fax : 20 3 4500142 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : PACKAGING MATERIALS Company Name : POLYPACKAGING INDUSTRIES PVT. LTD Address : 197, COLOMBO ROAD, WANDURAGALA City : KURUNEGALA Country : SRI LANKA Telephone : 94 37 2224703, 772246866 Fax : 94 37 2233626 E-Mail : [email protected] Time difference : Same time as India

Product Required : PHARMACEUTICALS Company Name : EIMC UNITED PHARMACEUTICALS Address : PHARMA PLAZA BUILDING- 4Y TAKSEEM ASMAA FAHMY ST., NASR CITY CAIRO-EGYPT. P.O BOX-11829 City : CAIRO Country : EGYPT Telephone : 202 26905057, 20228645580 Fax : 202 24144932, 20228645584 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : PHARMACEUTICALS Company Name : ZETA PHARM Address : 78TH AL KORNISH ROAD City : CAIRO Country : EGYPT Telephone : 22457308 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : PHARMACEUTICALS Company Name : EGYPTIAN PROMOTER CENTRE Address : 40 AL HORRIA STREET, HELIOPOLIS, P.O.BOX 8 HELIOPOLIS 11341 City : CAIRO Country : EGYPT Telephone : 2 02 22918272, 22901642, 24170149, 24184320 Fax : 2 02 22918271 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : PHARMACEUTICALS Company Name : J L MORISON SON & JONES PLC Address : P.O.BOX. 4 30, 618 & 620, BIYAGAMA ROAD, PETHIYAGODA City : KELANIYA Country : SRI LANKA Telephone : 94 11 2904222 Fax : 94 11 2915378 E-Mail : [email protected] Time difference : Same time as India Product Required : PHARMACEUTICALS Company Name : MACKWOODS LTD Address : 10, GNANARTHA PRADEEPA MAWATHA, COLOMBO-08 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2697965 9, 2696051 2 Fax : 94 11 2699454 E-Mail : [email protected] Time difference : Same time as India

Product Required : DYES Company Name : ABO KAMER TANNERIES YARNS & FABRICS DYEING Address : SEKKET KOTTOUR, IN FRONT EL-KADY FACTORY, MEHALLA City : GHARBEYA Country : EGYPT Telephone : 20 40 2405003 Fax : 20 40 2404359 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : DYES & DYE INTERMEDIATES Company Name : MENA FOR CHEMICAL PRODUCTS & ADHESIVE MATERIALS Address : 2ND IND. ZONE, PART 31, BADR CITY City : HELWAN Country : EGYPT Telephone : 20 2 28640108, 20 2 28640898 Fax : 20 2 28640899 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : COSMETICS AND TOILETRIE Company Name : DREAMRON LANKA PVT. LTD Address : 112, SUNETHRADEVI ROAD, KOHUWALA City : NUGEGODA Country : SRI LANKA Telephone : 94 11 2853804 Fax : 94 11 2853805 E-Mail : [email protected], [email protected] Time difference : Same time as India Product Required : INCENSE STICKS Company Name : UNI LANKA TRADERS Address : 284, SEA STREET, COLOMBO 11 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2439365, 2391348 Fax : 94 11 2391347 E-Mail : [email protected] Time difference : Same time as India Product Required : DETERGENTS (CHEMICALS) Company Name : HENKEL TRADING EGYPT Address : 12, KAMAL EL-DIN HUSSEIN ST., BEHIND SHERATON HELIOPOLIS, HELIOPOLIS City : CAIRO Country : EGYPT Telephone : 20 2 22684860 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt

Product Required : CHEMICALS Company Name : NEWCHEMI TRADE Address : 5, EL-SHAHID ABDEL MONEIM RYIAD BLDG., NASR CITY City : CAIRO Country : EGYPT Telephone : 20 2 24709638 Fax : 20 2 24709638 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : CERAMIC TILES Company Name : AMAL CLAY PRODUCTS Address : 1ST IND. ZONE, KOM OSHIM City : FAYOUM Country : EGYPT Telephone : 20 84 6210291 Fax : 20 84 6210294 E-Mail : [email protected] Time differe nce : India is 3hrs 30 mins ahead of Egypt Product Required : SANITARY-WARE Company Name : ARAB CERAMIC Address : ABU ZAABAL City : KALIUBEYA Country : EGYPT Telephone : 20 2 44620215 Fax : 20 2 44620131 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : SANITARY-WARE Company Name : CERAMICS INT’L Address : NEW BORG EL-ARAB CITY, BORG EL-ARAB City : ALEXANDRIA Country : EGYPT Telephone : 20 3 5180011 Fax : 20 3 5180029 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : SANITARY-WARE Company Name : AQUA TOP FOR TRADE & DISTRIBUTION Address : 10, SOLIMAN ABAZA ST., MOHANDESSIN City : GIZA Country : EGYPT Telephone : 20 2 33364712 Fax : 20 2 37602031 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt

Product Required : BATHROOM FITTINGS Company Name : CHARTER HOUSE INTERNATIONAL PVT. LTD Address : 161, NAWALA ROAD, NARAHENPITA, COLOMBO-05 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2368690 3 Fax : 94 11 2368625 E-Mail : [email protected], [email protected] Time difference : Same time as India Product Required : GLASSWARE Company Name : TITUS STORES PVT. LTD Address : 98, MAIN STREET, COLOMBO-11 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2439422 3 Fax : 94 11 2686436, 2329035 E-Mail : [email protected] Time difference : Same time as India Product Required : IRON PRODUCTS Company Name : MEEZAN & CO (PVT) LTD Address : 366/10, AVISSAWELLA ROAD, WELLAMPITIYA Country : SRI LANKA Telephone : 94 11 4412650 2 Fax : 94 11 2532068 E-Mail : [email protected] Time difference : Same time as India Product Required : KITCHEN EQUIPMENTS Company Name : PYRAMID AGENCIES DEVELOPMENT (PVT) LTD Address : 42-2/2,S DE S JAYASINGHE MAWATHA KALUBOWILA, DEHIWELA Country : SRI LANKA Telephone : 94 11 2824320, 2827836 Fax : 94 11 2827837 E-Mail : [email protected] Time difference : Same time as India Product Required : STAINLESS STEEL KITCHENWARE ITEMS Company Name : SPERRYS COMMERCIAL EQUIPMENTS (PVT) LTD Address : 1014, PARLIAMENT ROAD, ETUL KOTTE City : KOTTE Country : SRI LANKA Telephone : 94 11 2862577, 2873055 Fax : 94 11 2873055 E-Mail : [email protected] Time difference : Same time as India

Product Required : IRON PRODUCTS Company Name : CHAS P. HAYLEY & CO. LTD Address : P O BOX 10, 25, FOSTER LANE, COLOMBO-10 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2628581 92 Fax : 94 11 2628592 E-Mail : [email protected] Time difference : Same time as India Product Required : IRON CASTING & PARTS Company Name : MATSI - MONDIAL AIR THERMIQUE SOLUTION INDUSTRIE, SARL Address : GROUPE E COMATS LOT N 13, 16012 DAR EL BEIDA City : DAR EL BEIDA Country : ALGERIA Telephone : 213 21 75 53 63 Fax : 213 21 755362 E-Mail : [email protected] Time difference : India is 4hrs 30 mins ahead of Algeria Product Required : IRON CASTING & PARTS Company Name : BLIDA HYDRO FREINS, SARL Address : CITE JAPONAISE, 09100 OULED YAICH City : OULED YAICH Country : ALGERIA Telephone : 213 25 42 53 89 Fax : 213 25 425391 E-Mail : [email protected] Time difference : India is 4hrs 30 mins ahead of Algeria

Electrical & Electronics Products , Computer Hardware

Buying Inquiries for Electrical & Electronics Products , Computer Hardwares Product Required : FIRE ALARM SYSTEM Company Name : ONGUARD FIRE PROTECTION SERVICES Address : 238, VEN HIKKADUWE SRI SUMANGALA MW (MALIGAKANDA ROAD), COLOMBO-10 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2665303, 5348990, 5348992 Fax : 94 11 2665303 E-Mail : [email protected] Time difference : Same time as India Product Required : HOME APPLIANCES Company Name : JOANARC (PVT) LTD Address : 48 1/1, DICKMANS ROAD, COLOMBO-04 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2552351 Fax : 94 11 2556262 E-Mail : [email protected] Time difference : Same time as India Product Required : HOME APPLIANCES Company Name : M ABDULALLY Address : 81, OLD MOOR STREET, COLMBO-12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2433569 Fax : 94 11 2448836 E-Mail : [email protected] Time difference : Same time as India

Paintings,Gift & Handicraft Products Made of Wood , Terracotta,Paper etc

Buying Inquiries for Paintings,Gift & Handicraft Products Made of Wood , Terracotta,Paper etc Product Required : PAPER/ PAPER PRODUCTS Company Name : GESTETNER OF CEYLON LTD Address : 248, VAUXHALL STREET, COLOMBO-02 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2323826 7, 2333068, 2436044 Fax : 94 11 2541351, 2304499 E-Mail : [email protected] Time difference : Same time as India Product Required : SPECIALTY PAPERS Company Name : EPIC GMBH Address : FICHTENSTR. 75 City : D-40233 DUSSELDORF Country : GERMANY Telephone : 49 211 3677 9010 Fax : 49 211 3677 9011 E-Mail : [email protected] Time difference : India is 4hrs 30 mins ahead of Germany Product Required : PAPER/ PAPER PRODUCTS Company Name : PAPERCOM TRADERS Address : 304, SEA STREET, COLOMBO-11 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2436214, 2341790, 2445608, 2452447 9 Fax : 94 11 2437168, 5335954 E-Mail : [email protected], [email protected] Time difference : Same time as India Product Required : FURNITURE Company Name : MACRO IMPORT & EXPORT Address : SOUK EL-CANAL EL-DAWLY, END OF GUSR EL-SUEZ, HELIOPOLIS City : CAIRO Country : EGYPT Telephone : 20 2 26212158 Fax : 20 2 26212158 E-Mail : [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : WOODEN FURNITURE Company Name : RS TRADING PVT. Ltd Address : 41, NARAHENPITA ROAD, NAWALA Country : SRI LANKA Telephone : 94 11 2807669, 2805408 Fax : 94 11 2805671 E-Mail : [email protected] Time difference : Same time as India

Product Required : FURNITURE Company Name : QUALITY COLLECTION TRADING Address : 6, EL-AHMAS ST., 7TH DISTRICT, NASR CITY City : CAIRO Country : EGYPT Telephone : 20 2 24026959 Fax : 20 2 24026959 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : WOODEN FURNITURE Company Name : RICHARD PIERIS & CO. LTD Address : 310, HIGH LEVEL ROAD, MAHARAGAMA Country : SRI LANKA Telephone : 94 11 4310500 Fax : 94 11 4304060, 4310777 E-Mail : [email protected] Time difference : Same time as India

Health and beauty Products,  Jewelry and Gem Stone

Indian Government’s Gold Bond Scheme may not Reach its Target

Although the Centre has announced that it’s Sovereign Gold Bond Scheme has got off to a sucessful start, the industry officials feel that more needs to be done to ensure its success. The issue now is that the banks need to be commercially incentivised to run the scheme. The commercial details are left to the banks, which were not yet been reduced.

to customers and reduce large scale import of gold. Increased accessibility to the product is indeed a requirement to draw more retail participation. However, the applications worth Rs 246 crore in the initial attempt is said to be a relative fine number to begin with, but with more ideal selling strategies it would have a greater impact in the overall success of the scheme.

The government is hoping to make the scheme more attractive

The government plans to distribute bonds worth 50 tonnes

of gold in this financial year 2015-16, which is worth around Rs 13,500 crore. This amount was calculated on the basis of the draft document prepared by the government in July 2015. In the current market price, it would be around Rs 12,735 crore. In FY15, India imported Rs 2.10 lakh crore worth of gold. Between April-September 2015, Rs 1.12 lakh crore worth of gold has been imported

India may Curb Imports of 24-Carat Gold Jewellery

Indian government is planning to ban imports of 24-carat gold jewellery in an attempt to curb the misuse of free trade agreements (FTAs) with Asian countries. India, the world’s second biggest gold consumer, raised the import duty on the metal to 10 percent in 2013 to curb demand but that has boosted smuggling and urged some importers to use India’s FTAs with Association of Southeast Asian Nations to

seized Rs 832 crore of smuggled gold in the year that ended in March. Seizures came to Rs 430 As per industry officials, crore from April 1st to the middle imported jewellery is then of November. melted to make coins and bars and sold in the local market. The India’s gold buying in the key government is now planning to December quarter is likely to fall change existing rules to allow to the lowest level in eight years, imports of only lower-quality 18 hurt by poor investment demand and 22-carat jewellery. Finance and back-to-back droughts that Ministry told on Parliament that have slashed earnings for the authorities at Indian airports country’s millions of farmers. import 24-carat gold jewellery at just 2 percent import duty.

Machinery and Industrial Supplies, Medical Equipment’s, Construction Equipment’s

Unfaltering Prospects in the Indian Exports of Marble, Alabaster and Travertine

Marble is a rock resulting from metamorphism of sedimentary carbonate rocks, most commonly limestone or dolomite rock. Since classical times, white marble has been prized for its use in sculptures. Construction marble is a stone which is composed of calcite, dolomite or serpentine which is capable of taking a polish. Travertine is a form of limestone deposited by mineral springs. Travertine is often used as building material and for paving patios and garden paths.

The finer kinds of alabaster are employed as an ornamental stone, especially for ecclesiastical decoration. Marble, travertine and alabaster are exported under the 2nd sub-heading of HSC Chapter 68, which represents for ‘Articles of stone, plaster, cement, asbestos, mica or similar materials’. In India, the export of marble, travertine and alabaster, grew in minimal figures by 8.28 percent in FY11 to reach past Rs 17,767.69 lakh. In FY12, there was middling raise of 19.05 percent, whereas in FY13, a humongous growth

of 50.49 percent took the export value to Rs 31,830.70 lakh. In the 2013-14 fiscal, the export growth dwindled to 4.59 percent, which was followed by a growth rate of 10.30 percent in FY15. The key nations to which India exports marble, travertine, alabaster: UK, Italy, Nepal, Germany, Kazakhstan, Russia, Spain, Switzerland, Belgium, Ukraine, UAE, Iran, Egypt, Turkey, Jordan, Israel, France, Portugal and Canada.

India’s Thermal Coal Import Declines Slightly

Indian power utilities imported about 54.4 million tonnes (mt) of thermal coal during AprilNovember 2015 period, which is down 8.8 percent from the same period last year, as per the latest data from India’s Central Electricity Authority (CEA). Of the total quantity, 25.3 mt was imported by 34 utilities for blending with domestic coal, while 29.1 mt was imported by eight utilities for power plants that used only imported coal.

During the first eight months of the current fiscal year, seven utilities did not import any amount of coal. Private sector Company (Adani Power) imported the largest volume of thermal coal during the AprilNovember period at around 11.5 million tonnes. State-owned generator NTPC followed with 7.7 million tonne, which was then followed by Tata’s Mundra ultra mega power project. November imports, based on monthly wise, reached 6.3 mt, falling by 23

percent from the corresponding month, a year ago. Utilities in India are estimated to import 84 mt during the current fiscal year ending March 31, 2016 as per the CEA. Of the projected total, 42 million tonne will be imported for blending with domestic coal, and an equal amount will go to those power plants that run on imported coal only.

India’s Crude Oil Imports Diversifies

India’s crude oil import basket is diversifying with companies looking for hedging against possible supply disruptions and many newer PSU refineries keen to process heavier crude to improve margins. The shift, although minimal, is away from West Asia, conventionally the largest supplier of crude oil to India of around 60 percent, and towards South American and South Africa. Imports from West Asia dropped 5.16 percent in FY15 to 109.88 million tonnes (mt) from the previous year.

The trend has sustained in the first half of the current fiscal, especially in the case of Africa, which exported 20.7 mt of crude oil to India during the period. Experts from industry attribute the rise in procurement from Africa and South America to cheaper supplies. Indian refiners witnessed a price gap in the range of $5-7 per barrel between crude flowing in from countries such as Brazil, Columbia, Venezuela, Angola and Nigeria and those from Kuwait Qatar or the UAE.

Nevertheless, some Indian refineries are facing difficulty in processing dirtier crude oil procured from South America or Africa. The bad crude grades are often mixed with lighter ones from West Asia. Refining capacity of India has more than tripled over the last 15 years — from 67 mtpa in 1999 to 215 mtpa in 2014. Domestic consumption of petroleum products was 158 mt during FY14 compared with 165 mt in FY15.

Harmonious Prospects in the Indian Exports of Articles of Asphalt or of Similar Material (for example Petroleum Bitumen or Coal Tar Pitch)

Asphalt, also known as bitumen is a sticky, black and highly viscous liquid or semi-solid form of petroleum. It may be found in natural deposits or may be a refined product. The primary use of asphalt/bitumen is in road construction, where it is used as the glue or binder mixed with aggregate particles to create asphalt concentrate. The articles of asphalt and similar materials are exported under 7th heading of HSC Chapter 68, which represents for ‘Articles of stone, plaster, cement, asbestos,

mica or similar materials’.   In India, the export of articles of asphalt, witnessed a moderate surge in FY11 by 20.75 percent to reach a total value of Rs 112.24 lakh. In FY12, there was a heavy decline of (-) 48.17 percent, whereas in FY13, the export prospects boosted to greater numbers by posting 462.53 percent to reach total figures of Rs 327.28 lakh. In the 2013-14 fiscal, there was a level-headed raise of 94.84 percent, which was followed by a miniscule

affirmative increase of 4.85 percent in FY15 to reach past value of Rs 668.63 lakh. The key nations to which India exports articles of asphalt: Bangladesh, Nepal, Myanmar, Pakistan, Afghanistan, Indonesia, Philippines, Vietnam, Australia, Hong Kong, Cambodia, Thailand, Egypt, Turkey, Nigeira, South Africa, Congo, Iran, UAE, Qatar and Kazakhstan.

Buying Inquiries for Machinery and Industrial Supplies, Medical Equipment’s, Construction Equipment’s Product Required : DIESEL ENGINES AND SPARE PARTS Company Name : LORD TRADING & ENGINEERING SERVICES Address : 20, IBN ZAFER ST., EL-HEGAZ SQ. 11351 HELIOPOLIS City : CAIRO Country : EGYPT Telephone : 20 2 26225501 Fax : 20 2 26225501 E-Mail : [email protected], [email protected] Time difference : India is 3hrs 30 mins ahead of Egypt Product Required : WATER PUMPS Company Name : AQUA TECHNOLOGIES LTD Address : 523, KOTTE ROAD City : PITAKOTTE Country : SRI LANKA Telephone : 94 11 2861295 Fax : 94 11 4547634 E-Mail : [email protected] Time difference : Same time as India Product Required : HARDWARE ITEMS Company Name : ROTEX STEEL COMPANY Address : 142, MAHA VIDYALAYA MAWATHA, COLOMBO-13 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2440749, 2430659, 2449822 Fax : 94 11 2451705 E-Mail : [email protected] Time difference : Same time as India Product Required : HARDWARE ITEMS Company Name : COLONIAL TRADE PVT. LTD Address : 461, OLD MOOR STREET, COLOMBO-12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 4345412, 4345413 Fax : 94 11 4740690 E-Mail : [email protected] Time difference : Same time as India Product Required : HARDWARE ITEMS Company Name : CHAMPION ENTERPRISES Address : 311, 1ST FLOOR, OLD MOOR STREET, COLOMBO-12 City : COLOMBO Country : SRI LANKA Telephone : 94 11 2470025 Fax : 94 11 2421893 E-Mail : [email protected] Time difference : Same time as India

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Miscellaneous

India Looks Forward to Surge its Exports of Generic Drugs to Africa

African developing nations are fighting against a host of deadly infectious disease, from malaria to HIV, and the nations think that India may provide some help. Indian Prime Minister recently met up with the heads of state of more than 50 African countries to discuss ways India, the world’s leader in the manufacture and export of generic drugs, can develop the continent’s health infrastructure. The drugs cost a small fraction of the originals and exports

have reaped $15 billion for the Indian economy, as per recent estimates. But, inspectors have identified factories that produce substandard drugs that are perilous, either because they contain toxic ingredients or because it doesn’t work. Fake malaria drugs have already made their way to African nations and some worry that more copycat drugs could be on the way. Global health consultants state that poorly made and counterfeit drugs are being exported to poorer nations.

Sample of drugs that’s being sold in the market can be tested for purity and effectiveness, but it is extremely difficult to trace bad drugs back to the source. For their, countries in African continent are interested in limiting the potential for sham medications by manufacturing their own generic drugs, both as a way to boost their economies and get life saving medications to their people.

Middling Prospects in the

Indian Exports of Cut Flowers and Flower Buds of a Kind Suitable for Bouquets or for Ornamental Purposes

The Harmonized System Code (HSC) Chapter 6 represents the import/export of ‘Live trees and other plants; bulbs, roots and like; cut flowers and ornamental foliage’. The chapter is classified under four headings, of which the 3rd heading indicates the export/import of ‘Cut flowers and flower buds of a kind suitable for bouquets or for ornamental purposes, fresh, dried, dyed, bleached, impregnated or otherwise prepared’.

In India, the export of cut flowers for bouquets surged in FY11 in moderate terms to Rs 11,710.75 lakh at the rate of 17.24 percent. In FY12, there was a middling rise by 32.98 percent, whereas in the 2012-13 fiscal, the export prospects decreased to minimal 15.73 percent. In the 201314 financial year, the exports raised at a level-headed rate of 40.50 percent, reaching to Rs 25,320.37 lakh. In FY15, there was once again a moderate surge

of 16.30 percent. The key nations to which India exports cut flowers and flower buds of a kind for bouquets: Australia, Hong Kong, New Zealand, Germany, Italy, UK, USA, Canada, Brazil, Switzerland, Austria, Luxembourg, Poland, Russia and Spain.

Effective Prospects in the Indian Exports of Plants and Parts of Plants, used primarily in Perfumery, Pharmacy or for Insecticidal, Fungicidal or for Similar Purposes, Fresh or Dried, Crushed or Powdered

The Harmonized System Code (HSC) Chapter 12 indicates for the export/import of ‘Oil seeds and oleaginous fruits; miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder’. The Chapter is broadly classified under 14 headings, of which the 11th one represents the export/ import of ‘plants and parts of plants of a kind primarily used in perfumery, in pharmacy, or for insecticidal, fungicidal or similar purposes, fresh or dried’.

In India, the export of such niche plants, surged moderately in FY11 by 21.57 percent to touch past the total value of Rs 64,179.69 lakh. In FY12, the export prospects increased further by 25.98 percent, whereas in FY13, the growth raised at a healthier rate of 40.72 percent to humongous Rs 113,772.70 lakh. In FY14, the raise was minimal at 2.94 percent, but once again in FY15, the export growth gained a lot by posting 26.25 percent to reach total figure of Rs 147,862.21

lakh. The key nations to which India exports plants or parts of plants used in perfumery, etc: Hong Kong, Vietnam, Thailand, Indonesia, Philippines, Switzerland, Belgium, Canada, France, Spain, Italy, Australia, Poland, Germany, Norway, Denmark, Mexico and UK.

Dampened Prospects in

the Indian Exports of Mackerel

Mackerel is a common name applied to number of different species of pelagic fish. They are found in both temperate and tropical seas, mostly living along the coast or offshore in the oceanic environment. Small mackerel are forage fish for larger predators, including large mackerel and Atlantic cod. Mackerel is an important food fish that is consumed worldwide.

caviar substitutes prepared from fresh eggs’. The 4th heading comes under the HSC Chapter 16, which indicates for ‘Preparations of meat, of fish, or of crustaceans, molluscs or other aquatic invertebrates’. In India, the export of mackerel, in FY11 raised at a healthier rate of 72.88 percent to reach total value of Rs 2,003.00 lakh. In FY12, the exports came to a non-existent phase, showcasing negative Mackerel is exported as 5th growth of (-) 96.29 percent, sub-heading of the heading 4, whereas in FY13, the conditions which represents for ‘Prepared worsened as the downfall was or preserved fish; caviar and (-) 97.75 and went on to attain a

total value of mere Rs 1.67 lakh. In FY14, there was moderate rise to reach Rs 13.23 lakh, but in FY15, the exports came to a total standstill. The key nations to which India exports mackerel: New Zealand, Australia, Singapore, Nepal, Myanmar, Malaysia, Hong Kong, Vietnam, Italy, Spain, Portugal, Switzerland, Belgium, Cambodia, Austria, Poland and Romania.

Oscillating Growth Ratein the Indian Exports of Degras; Residues Resulting from Fatty Substances or Animal or Vegetable Waxes

Degras is a fatty substance obtained by pressing certain skins following the action of oxidized fish oil on them and used in dressing leather. Degras and the residues resulting from the treatment of fatty substances or animal or vegetable waxes are exported under the 22nd heading of HSC Chapter 15, which represents for ‘Animal or vegetable fats and oils and their cleavage products; prepared edible fats; animal or vegetable waxes’.

In India, the export of degras almost went to a non-existent state in FY10, from which the prospects redeemed by 327.27 percent in FY11 to attain total export value of Rs 25.80 lakh. In FY12, the export growth became humongous, posting 2,089.99 percent and taking the export figures to Rs 565.12 lakh. In the 2012-13 fiscal, the healthy growth rate continued to post 96.82 percent, whereas export growth in FY14 once again brought back the prospects to a halt by (-) 86.34 percent. In FY15, there

was some convalescing growth rate of 138.60 percent, bringing up the total value to Rs 362.55 lakh. The key nations to which India exports degras and other residues from animal or vegetable waxes: Indonesia, Thailand, Philippines, Bangladesh, Pakistan, Malaysia, Cambodia, Brazil, Vietnam, Argentina, Peru, Mexico, Japan, Netherlands, Italy, Germany, Austria, Poland, Czech Republic, Russia and Ukraine.

India Keen on Signing a Trade Agreement with Iran

India has shown interest in signing a preferential trade agreement with Iran once global sanctions on the Persian Gulf nation are lifted. It will be India’s first trade agreement with a country in West Asia and might offer it a foothold to tap into other markets in the region. Commerce Department officials stated that the pact is in conceptual stages, which means that both parties have shown interest in signing agreements, but negotiations are yet to begin.

accession. In the build up to that, the West Asian country has shown interest. This is seen as a logical step forward in Delhi’s trade relations with Tehran, which has accepted India priority status for trade and investment in acknowledgement of its support during the hard times when the country was reeling under tough US and European Union-imposed economic & military sanctions.

Iran is expecting cooperation at agro-processing, IT, steel and hotel/tourism with India, Iran is working towards WTO while India plans to invest Rs

2 lakh crore in Iran’s Chabahar port and develop a gas-based urea manufacturing plant there. In FY15, India’s exports to Iran stood at $4.17 billion, while imports amounted to $8.95 billion, an increase from $1.44 billion and $7.61 billion respectively, in 2006-07. India has been exporting automobile components, tools, motors and chemicals to Iran besides Basmati rice, sugar and other agricultural commodities, whereas India imports mainly oil from Iran.

India on the Look Out for New Markets to Export FCV Tobacco

In order to find new markets for tobacco, Indian Commerce Ministry has asked the External Affairs Ministry to issue instruction to Indian Embassies for exploring oppurtunities in those countries. The government explores new markets on a continous basis for all agri products, including Flue Cured Virginia (FCV) tobacco. In this connection, Ministry of Commerce and Industry had made this request to Ministry of External Affairs. The Ministry added that the demand for tobacco is from usual

tobacco consuming nations and Indian missions there have been at the forefront of organizing, arranging meetings for Indian tobacco delegations with foreign importers and organizing buyers-sellers meet. During April-September 2015, tobacco exports were worth USD 444.11 million. India mainly exports tobacco to the US, Russia, Belgium, South Korea and Egypt. The production of export worthy FCV tobacco in India was 293.55 million kg in 2014-15, down from 315.95 million kg in the previous year.

In FY13, the production was 270.5 million kg, while in FY12 it was 266.99 million kg. The FCV tobacco, which was export worthy and constitutes around 37 percent of overall tobacco cultivation of around 800 million kg is a highly regulated crop. It is subjected to stringent restrictions on extent of area planted, quantity of tobacco produced and cured by the Tobacco Board

India’s Defence Exports Surges Three-Fold

In the first nine months of the current fiscal (Apr- Nov.), the defence exports saw a threefold raise in terms of value, which stood at Rs 441.06 crore as against Rs 132.17 crore in all of last year. The total value of exports undertaken by both state-run and private defence manufacturers in the first nine months of this year was Rs 695.70 crore as per the statement from Minister of State for Defence. The value of NOCs for export

of military stores issued by the Department of Defence Production to Private Firms during the current year, up to September 30th, stood at Rs 441.06 crore. The figure stood at Rs 138.13 crore in 2012-13 and Rs 286 crore in 2013-14. Minister of State for Defence also stated that in the current fiscal year, nearly 39 Indian private companies have obtained 49 Industrial licenses, till October 15th, for manufacture of various defence equipments.

Furthermore, nine proposals have been received for foreign investment in the current fiscal year, of which three proposals have been approved by the government. The Minister further stated that during the last three years contracts and Letter of Agreement (LOA) worth Rs 7,285.72 crore have been signed with vendors from the American government.

Irregular Growth in the

Indian Exports of Raspberries, Mulberries, Blackberries and Loganberries

Raspberries are a significant commercial fruit crop, widely known in all temperate regions in the world. They are grown for the fresh fruit market and for commercial processing into individually quick frozen fruit. Blackberries are notable for their significant content of dietary fiber and Vitamin C. It contains both soluble and insoluble fiber components.

used in jams, pies, crumbles, fruit syrups and country wines. Loganberries can also be used interchangeably with raspberries or blackberries in most recipes. Raspberries and other fruits are exported as a sub-heading under HSC Chapter 8, which represents for ‘Edible fruits and nuts; peel of citrus fruit or melons’.

FY13, once again there was a heavy downfall by (-) 71.13 percent, whereas in the 2013-14 fiscal, a prominent increase by 233.95 percent took the value to Rs 60.20 lakh. In FY15, the growth rate was at a healthier range of 68.28 percent.

The key nations to which India exports raspberries and other fruits: UK, In India, the export of these aformentioned aformentioned fruits dwindled Canada, Germany, Spain, Italy, Mulberry is widely used in pies, significantly in FY11 by (-) 66.68 Switzerland, Denmark, Norway, tarts, wines, cordials and tea. percent to reach a minimal total Austria, USA, Brazil, Australia, Mulberry’s signifcance in food value of Rs 1.15 lakh. In FY12, New Zealand, Poland, Czech coloring industry is increasing there was a sudden boom in the Republic, Japan, South Korea, as a growing demand for demand for these fruits as the Malaysia and UAE. natural food colorants are there. total figure reached Rs 62.46 Loganberries are commonly lakh (at 5,338.75 percent). In

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