INDIA NEWSLETTER October 2014 Embassy of India Djordja Radojlovica 7a Belgrade, 11040 (Serbia) Tel: 011/2666-520 Fax:011/3674-209 E-mail: consbg@eunet.rs comsecc_bg@eunet.rs www.eoibelgrade.gov.in INDEX: India Economic News Government of India Tenders Bilateral Relations Trade Fairs in India Useful Links 0 pg 1 pg 5 pg 6 pg 14 pg 15 India Economic News: India to be Partner Country in Hannover Messe Fair During April 2015 India has conveyed its consent to be the 'Partner Country' at the prestigious Hannover Fair in Germany to be held from April 12 - 17, 2015. By accepting the invitation of German Chancellor Ms. Angela Merkel for India to be the Partner Country at Hannover Messe 2015, the Government has sent strong signals to the industry about strengthening global trade and inviting investment into India. Prime Minister Mr Narendra Modi is expected to be present at the world renowned engineering and technology fair beginning April 12. The Department of Commerce has mandated Engineering Export Promotion Council India as the lead agency supported by India Brand Equity Foundation (IBEF) along with Confederation of Indian Industry (CII) as the other agencies for Indian participation in the fair. The Hannover Fair attracts nearly 200.000 global leaders in business, technology, industrial scientists and policy makers. About 300 Indian companies including public sector giants would be participating in the five day fair, seeking technology collaborations, business tie-ups and showcasing India's capabilities in global trade. India had been the Partner Country at the Hannover Messe in 2006. With USD 21 billion bilateral trade, Germany is India's sixth largest trading partner with engagement in the areas of mechanical engineering, automobiles, chemicals, services, nuclear reactors, construction etc. 1 Garments and textile products, chemical products, leather & leather goods, iron, steel and metal goods, electronic components, electrical components, pharmaceutical products, and auto components are major items of exports from India to Germany. The key German exports to India include electrical generation equipment, auto equipment, complete fabrication plants, bearings, gear equipment, measurement and control equipment, primary chemical products, synthetic material, machine tools, aircrafts and iron and steel sheets, etc. The Government is seeing the participation in the fair as an opportunity to increase its global presence in commodities & services, apart from utilizing the event for attracting investments into India as part of the ‘Make in India' campaign of the Prime Minister. The Department of Commerce is in the process of getting in touch with all key Departments in the Central Government as also leaders of Indian business establishments, seeking their participation and co-operation in making the event a grand success. India remains top offshoring destination for IT firms India remains the top offshoring destination for information technology (IT) companies, followed by China and Malaysia, said a study by A.T. Kearney. The study, Global Services Location Index, assessed 51 countries based on metrics under three categories including financial attractiveness, people skills and availability, and business environment. "Despite expectations regarding #2 ranked China, India maintains and even increases its lead over China," the study said. "The country (India) is unrivaled in both scale and people skills." "Leading IT services firms are expanding their traditional offerings (in India) to include R&D (research and development), product development, and other niche services," it said. "The line between IT and BPO (business process outsourcing) is blurring as players offer bundles and specialized services to their clients and develop skills in niche domains." Although China offers an alternative to Eastern Europe for high-end IT and analytics, rising wages are limiting its cost competitiveness in lower-end functions compared with India and other Asian destinations. Asia continued to dominate the global market, with six of its countries among the index's top 10 offshore destinations. However, there are some challenges for the region. Global IT firms aggressively started outsourced back office operations in the mid-2000s, but today multinationals are reassessing their outsourcing strategies. There is a course correction where some functions are being repatriated from vendors back to the companies' own service centers and employees, the study found. "What was once a decision based primarily on cost-effectiveness, has now started to incorporate other considerations, for example, whether the function is core to the business, and therefore needs to be brought back in-house, as well as external regulatory factors impacting business relationships, accountability and the ability to protect intellectual property and customer privacy," said Erik Peterson, study co-author and partner, and managing director of A.T. Kearney's Global Business Policy Council think-tank. These regions also face challenges from increasing digitization and automation, 2 which could negate cost competitiveness. Greater automation and freelance-based outsourcers are eventually making physical location less relevant."Automation, wherein robots are programmed to perform for even less than low-cost labour, is becoming increasingly accessible and could dent the region's low-cost advantage," the study said. Microsoft to set up 3 data centers in India by 2015 Microsoft plans to offer its commercial and cloud services - Azure and Office 365 - from three local data centers by the end of 2015, making it the first technology company to set up cloud data centers in India, a move that experts say will help the US-based software giant compete better in the domestic market. "When we think about the cloud opportunity in India itself, it is going to be a $2 trillion opportunity," chief executive Satya Nadella said in Delhi, adding that the move will help Indian companies, government and entrepreneurs. Without disclosing the investment involved in setting up the data centers, Nadella said they will have "sizeable" capacity. The announcement is significant given that the ruling Bharatiya Janata Party has been vocal about bringing local data centers to India to maintain data sovereignty. Besides, a large number of Indian enterprises have increasingly voiced concerns about hosting their data on the public cloud because none of the major players such as Amazon Web Services, Microsoft or Google have cloud data centers in India. "I think in two or three years, when the servers come to India, the public cloud market will become more interesting because now there are some territorial issues in holding the data in the country," Jagdish Belwal, CIO at Tata Motors, which currently uses Amazon Web Services, told in a recent interview. Competition in the cloud market is increasing, with players such as IBM spending millions in advertising its Softlayer cloud and Oracle making a push in the Indian market with the announcement of several new cloud offerings for different industries. Microsoft's move to set up a local data centre will give the company "more muscle" to compete in the cloud services market and Office 365 could see higher adoption. Cipla collaborates with Teva Pharma to sell drugs in South Africa Indian generic drug maker Cipla Ltd announced that it has entered into a collaboration with the world's largest generic player, Teva Pharmaceutical Industries Ltd, for the South African market. "This collaboration is highly complementary and aligns strongly with our philosophy of providing South Africans with access to a broader range of affordable medicines," said Paul Miller, CEO of Cipla Medpro. The collaboration is signed between Medpro Pharmaceutical (Pty) Ltd, a subsidiary of Cipla Medpro, the Indian drug makers' South Africa-based subsidiary, and Teva Pharmaceuticals Ltd, an affiliate of Teva Pharmaceutical Industries. According to an announcement, the collaboration between the two companies is a sales and distribution agreement where Cipla Medpro will exclusively market Teva's pharmaceutical products portfolio in South Africa. Cipla Medpro will exclusively market Teva's broad pharmaceutical product portfolio in South Africa, with focus on therapeutic areas, such as oncology, central nervous system, women's health, cardiovascular, ophthalmology and other specialty products. This tie-up will strengthen the company's position in South Africa. The company has been investing to consolidate its position in foreign markets. Earlier this month, it inked an agreement 3 with its existing Iranian distributor to set up a manufacturing facility in Iran. For this, Cipla will invest around USD 40 million for 75% stake in holding of proposed unit. In 2013, Cipla completed acquisition of its South Africa-based distribution partner Cipla Medpro for around $512 million. Kalyan Jewellers raises USD 200 from PE major Warburg Pincus In one of the largest private equity (PE) deals in the jewellery manufacturing segment, the India arm of US PE major Warburg Pincus has picked up a minority stake in Kerala-based jewellery maker and retailer Kalyan Jewellers for USD 200 million. While, Kalyan Jewellers refused to divulge how much stake it sold but industry sources pegged it at 10-12%. The jeweller will use the proceeds from the deal to fund its retail and manufacturing expansion plans. T S Kalyanaraman, chairman and managing director said the firm would open 28 stores - including 12 in overseas. Sixteen stores will come up before December 2014 and the remaining by another six months, he added. Kalyan Jewellers plans to scale up its global presence in West Asia by foraying into Kuwait and Qatar markets and in south-east Asia by launching its footprints in Singapore and Malaysia. Currently, the company has six exclusive outlets in the United Arab Emirates. The retail expansion is expected to cost USD 200 million. The jeweller is also planning to invest USD 60 million in enhancing its manufacturing capacity. The investment manufacturing will be funded through internal resources. 'We look forward to working with Warburg Pincus as we continue to build on our foundation and move onto our next phase of growth," he noted. The company has set a target to close the current financial year with a turnover of USD 1.63 billion, up from last year's USD 1.31 billion He claimed this is the largest PE investment into Kerala so far. To a question on whether the company is planning an initial public offering, he said: "Currently, we have enough funds; if we feel we need more money, then we will look into it." Vishal Mahadevia, managing director and co-head (India) at Warburg Pincus, said the PE firm's investment in Kalyan Jewellers is the largest PE investment into the jewellery segment in India, and is an acknowledgment of the company's highly-talented team and its pioneering role within the sector. Founded in 1993 and headquartered at Thrissur in Kerala, Kalyan Jewellers is the part of 100-year-old Kalyan Group, which started out with textile manufacturing and retailing. Honda to set up world’s largest scooter plant in Gujarat Honda Motors, which is swearing by scooters in India, is setting up the world's largest scooter plant in Gujarat to roll out 1.2 million units annually and achieve leadership position in the Indian twowheeler market, especially with a growing number of customers shifting to this unisex multi-utility mode that has caught the fancy of many and outpaced almost every other segment. Scooter sales have jumped by 29% in the ongoing fiscal, and now form 27% of the total two-wheeler market from just 8% a decade back. The ever-rising demand for scooters that has far outstripped supply has prompted Honda to set up its first dedicated scooter plant in Ahmedabad. "Even as we have more than doubled our scooter capacity in India, we have not been able to match up with the demand. After 13 years of its launch, Activa continues to be on 'waiting' even as competition has multiplied ten times," said YS Guleria, Honda VP for marketing and sales in India. 4 Honda had fired the imagination of scooter lovers with its Activa — launched way back in 2001. "Even though we raised our production with three new scooters, demand still outstrips our estimates. While scooter production has trebled in the past decade, we still have a backlog of 60,000 scooters that should multiply in the festive months ahead," Guleria added. Honda would spend USD 180 million on the new plant in Ahmedabad, and expand its range with a few more offerings. The company, which leads the scooter market with a 53% share in the domestic market, would have two assembly lines for scooters, which would create 3,000 more jobs. The fourth plant would enhance its cumulative production capacity in India to 5.8 million units by 2015-16, including 1.6 million from its first plant in Haryana, 12 million from the one in Rajasthan, and 1.8 million from the Karnataka plant. The sales from its Indian subsidiary have already climbed to the second spot for Honda's two-wheeler business worldwide, and it believes that the fourth plant would help India become its top global market. Honda's decision for a dedicated scooter plant is backed by an overwhelming response to its five scooter brands which have been runaway successes in India. In fact, all big auto companies — Hero MotoCorp, Suzuki, Yamaha, TVS Motors and M&M — are planning to expand in an effort to cash in on the exploding demand. They have gained from a surge in sales in the first quarter that has helped the segment post record high sales of 1.01 million units in the April-June ended period. Scooters grew 23% to sell 3.60 million units in the fiscal ended March. Analysts said that the new generation automatic scooters, that are unisex in nature and are fuel efficient, have helped them grow manifold over the more traditional roughand-tough bikes. Going by the shift, they (scooters) are expected to corner a third of the market. Mahindra looking to buy Peugeot Motocycles Mahindra Two Wheelers has made a binding offer to buy 51% stake in Peugeot Motocycles (PMTC), the world's oldest maker of motorised two-wheelers from French auto major PSA Group, for around Euro 28 million. Of the total investment, about Euro 15 million will be infused in the company (PMTC) to support future products, said Pawan Goenka, executive director, Mahindra & Mahindra. The company hopes to close the deal in three months. Post the deal, M&M will have three members on board, while Peugeot will have two. M&M will retain the current management at PMTC including its CEO and will not undertake any restructuring for the next two years. PMTC currently has 500 employees in France and 300 in China through a joint venture company. While the current priority is to drive Peugeot to newer markets such as South East Asia, Africa and Latin America, Mahindra will also look at launching Peugeot scooters in India as a premium offering in the future. "We will have a two brand strategy. We will position Peugeot as a premium brand in the market and Mahindra as a mass-market brand. There are clear opportunities for synergies between Mahindra Two Wheelers and Peugeot Scooters. We want to focus on building the brand, global expansion and investing in new products and synergies," Goenka said. PMTC has 13 models of scooters and mopeds in the 50cc-400cc range including the three-wheeler scooter Metropolis, introduced last year. However, it has seen its sales slip over the last few years, primarily due to the slowdown in the European market, which accounts for over 70% of the company's sales. In 2013, it volumes stood at 79,000 units, down from 115,000 units four years ago. It reported revenue of Euro 99 million last 5 year, compared with Euro 142 million four years ago. The company has been looking to offload the scooter business as part of a restructuring exercise. "Faced with a European market down sharply for several years, this partnership with M&M would allow Peugeot Scooters to diversify and accelerate its international development by combining its strengths with those of M&M," the French firm said in a statement. Mahindra entered the two-wheeler market six years ago with the acquisition of Punebased Kinetic Motor. It has been looking to scale up with the launch of the Centuro motorcycle last year and the Gusto scooter last week. Besides, it also sells the Rodeo and Duro scooters. PMTC has a strong technology centre in France and a family of seven engines ranging from 50 cc to 400 cc and Mahindra is likely to gain significantly on the technology front. It will also be able to ride on Peugeot's distribution to sell its vehicles Mahindra Two Wheelers and Peugeot Motocycles will operate as two separate entities, but Goenka has said there could be some platform sharing and research and development collaborations in the future. The deal is subject to Works Council consultation, as part of the employee dialogue process in France and anti-trust laws. Government of India Tenders: The Government of India Tender Information System http://tenders.gov.in/ Ministry of Home Affairs http://mha.nic.in/uniquepage.asp?Id_P k=298 Bilateral Relations : International Buddhist Conclave: The prominent Serbian Journalist Ms. Mira Adanja Polak visited India from 24 Sep - 07 Oct 2014 to participate in the International Buddhist Conclave in Bodh Gaya and Varanasi. She also visited Delhi, Jaipur & Chennai and covered many attractive tourist sites. Her TV talk shows on Buddhism, Varanasi (Ganga) and Ayurveda attracted a lot of audience in Serbia. Advisor to the Mayor of Belgrade, a number of prominent personalities including Ms. Biljana Savovic, MP, Ms. Nadica Nikolic Tanasijevic, MP, Dr. Gordana Zoric, MP, Mr. Nemanja Stevanovic, Adviser to the Prime Minister, Mr. Slobodan Prosic, Minister-Counsellor, Ministry of Foreign Affairs, Prof. Predrag Nikic, President, Yoga Federation of Serbia, Mr. Goran Paskaljevic, prominent Film Director, Prof. Dusan Pajin, Mr. V.P. Ahuja, Director, TAFE and representatives of ROMA community. At Embassy's initiative, the Radio Television of Serbia Channel 2 (RTS 2) telecast the film, 'The Making of the Mahatma' with Serbian sub-titles on 02 Oct. As part of the commemoration, Prof. Dusan Pajin held a lecture on the contribution of the Mahatma at Belgrade City Library. Indian speaker in Belgrade Design Week 2014: In coordination with Embassy Celebration of Gandhi's 145th Birth Anniversary: To commemorate Mahatma Gandhi’s 145th Birth Anniversary, Embassy organized screening of the feature film 'Gandhi' with Serbian sub-titles at the National Library of Serbia on 01 Oct. In collaboration with the Indian Cultural Centre Belgrade, Embassy organised floral tributes at the Gandhi Bust located at Sava River Quay, Gandhi Street, New Belgrade on 02 Oct. of India, Belgrade, the organisers of Belgrade Design Week 2014 invited an Indian speaker for the event from 06-11 October 2014. Mr. Satya Sheel, a prominent Indian Designer, participated in the Belgrade Design Week (BDW) and spoke on “An Indian approach to Sustainable Development of Open Spaces: What the World can learn from India”. Meeting of India-Serbia Joint Economic Committee: India-Serbian Ambassador was joined by about 100 local dignitaries including Ms. Lana Drmaniae, 6 Joint Economic Committee meeting was organised on 09 Oct through video conferencing. Indian delegation was headed by Mr. Dammu Ravi, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry and the Serbian delegation was headed by Mr. Nemanja Stevanovic, Special Advisor to the Prime Minister of Serbia. A number of bilateral issues were discussed and an action plan to implement the agreed protocol was proposed during the meeting. Inauguration of Indian Restaurant: On 10 Oct, Ambassador inaugurated Indian Restaurant 'Swad - Taste of India' at Djusina street in Belgrade. plan. The Embassy has been organizing various cultural manifestations, including yoga festivals, performances by Indian cultural troupes, fashion shows, exhibitions, etc. A number of Indian TV serials are telecasted through local TV channels with Serbia sub-titles. The Agreement, is thus, expected to give further impetus to the cultural cooperation between the two friendly countries. After meeting with the Minister, Ambassador met with Mr. Dejan Ristic, State Secretary, Ministry of Culture also and discussed cultural cooperation between the two countries. India-Serbia cooperation in Film Industry: The prominent Serbian film On 21 Oct, Ambassador inaugurated the Indian Restaurant Ginger in Belgrade. director Mr. Goran Paskaljevic was the honorary guest and President of the Jury at the 16th Mumbai Film Festival held from 14-21 Oct 2014. Goran is planning to launch the first ever Indo-Serbian film coproduction 'Dev Bhoomi' (Land of the God), based on the theme of girl child education in the backdrop of Uttarakhand. Mr. Darko Lungulov, Film Director was invited to participate in the 45th International Film Festival of India in Goa in November 2014. Invitation to the Serbian Minister of Culture: On 14 Oct, Ambassador called on H.E. Mr. Ivan Tasovac, Serbian Minister of Culture and Information to hand over the invitation from his Indian counterpart to visit India and also to use this opportunity to sign the renewed Agreement between India and Serbia on Cooperation in the fields of Culture, Arts, Youth, Sports and Mass Media. H.E. the Minister graciously accepted the invitation to visit India in the near future and emphasized the importance of developing relations at the institutional levels through a dynamic action 7 Visit of EEPC's representative to Serbia: Mr. C. H. Nadiger, Regional Director, EEPC India, Chennai visited Serbia from 21-22 Oct to invite Serbian businesses to participate in India Engineering Sourcing Show (IESS) being organised from 16-18 Dec 2014 in Mumbai, India. Mr. Nadiger met with Serbian Chambers, Serbia Investment and Export promotion Agency (SIEPA), Serbian Ministry of Economy, National Alliance for Local Economic Development (NALED) and Serbian businesses to promote the event. A number of Serbian companies are expected to participate in the event. Embassy would like to acknowledge the contribution of books from the Public Diplomacy Division of the Government of India and the National Book Trust (NBT) of India. Embassy's participation in Belgrade International Book Fair: In collaboration with “Incredible India”, Embassy of India participated for the second time in the 59th International Belgrade Book Fair from 26 Oct - 02 Nov 2014 at Belgrade Sajam. Indian Stall in Hall 2A along with the ICCR (Indian Council for Cultural Relations, New Delhi) sponsored Exhibition - 'Digital Prints of Selected Artwork by Tagore' was inaugurated by H.E. Mrs. Narinder Chauhan, Ambassador of India, H.E. Mr. Sinisa Mali, Mayor of Belgrade, Mr. Radoslav Pavlovic, Cultural Advisor to the President of the Republic of Serbia and Prof. Dusan Pajin, by lighting of traditional Indian Lamp on 26 Oct 2014. The occasion was also used to promote the book “Tagore’s Selected Works” in Serbian language. During the occasion, Prof. Dr. Dusan Pajin gave a lecture on Rabindranath Tagore. The event was attended by a number of journalists and prominent visitors. The Indian booth was used to promote Incredible India and to exhibit Digital Prints of Selected Artwork by Tagore, books relating to India as well as for audio / visual presentation on Incredible India. The 8 On 27 Oct, Ambassador attended the event at Indian stall in Book Fair for promotion of the book 'The Inventor' written by Mr. Rave Mehta regarding Nikola Tesla and his meeting with Swami Vivekanand. Mr. Aleksandar Protic, Tesla Global Forum Scientific Director, Tesla Memory Project Director addressed the audience about Tesla, the book & the writer. On 28 Oct, Ambassador attended the event at Indian stall in Belgrade Book Fair for promotion of the book “Yoga - Spirit and Body" in Serbian language written by Prof. Dr. Dusan Pajin. During the Occasion, Prof. Pajin gave a lecture on Yoga. On 29 Oct, Indian Cultural Centre invited children from various Serbian schools to visit India Stall at Book Fair. Ambassador presented Indian books to students from various schools and libraries in Serbia including Primary School 'Bosko Palkovljevic Pinki' Belgrade, Primary School 'Rade Drainac' Belgrade, Primary School 'Vuk Karadzic' Belgrade, Primary School 'Zivojin Peric' Obrenovac, Preschool 'Ljubica Vrebalov' Pozarevac, Belgrade Mathematics Grammar High School, Library 'Matica Srpska' Novi Sad, Library of Student’s Cultural Centre New Belgrade and Belgrade University Library. On 29 Oct, Ambassador attended the event at Indian stall in Belgrade Book Fair for promotion of the book in Serbian language “Indian Theatre-Tradition and Activism” by Dr. Milena Sesic. Participation of Indian Chess Grandmaster Pentala Harikrishnan in Chess Simulation: On 29 Oct, Ambassador attended the Chess Simulation organised by the Sport University Association of Belgrade at the Belgrade University. Indian Chess Grandmaster Pentala Harikrishnan participated in the Chess Week and played simultaneously on 30 boards against celebrities, university professors, media representatives and children. The symbolic first move was made by Ambassador. Audio/visual presentation on India and promotion of Incredible India were also arranges during the event. Visit of the Fusion Band ‘East India Company’ led by Angaraag Papon Mahanta (Papon): The Fusion Band ‘East India Company’ led by Angaraag Papon Mahanta (Papon) had a successful visit to Serbia from 2-6 Nov, 2014. The group gave following performances in Belgrade: Public Performance at Dom Omladine, Belgrade On 03 Nov, Papon Group gave a public performance to a packed audience of more than 500 people at Dom Omladine, Belgrade. The event started with the lighting of the traditional lamp by Ambassador alongwith Mr. Dejan Ristic, Culture Secretary of the Republic of Serbia and Ms. Mira Adanja Polak, the prominent journalist in the Balkans. Mr. Slobodan Tirkulja, a renowned musician in Serbia, graced the occasion by performing as the Master of Ceremony. He also played vocal and instrumental duet with Papon, much to the delight of the audience. Papon sang Bollywood, Assamese, Punjabi as well as Hindustani songs and was greatly connected with the audience. The event was highly enjoyed and appreciated by the audience, and was a great success. The group received rousing ovation. The performance may be seen at the following link: 9 Live recording at the PINK TV Studio - On 04 Nov, live telecast of Papon along with his associates was arranged by PINK TV on its prime channel as well as on Pink Music and Pink Plus. Papon sang and played few instruments at the Studio and connected well with a large viewership. Interview with Politika: The leading Serbian newspaper ‘Politika’ arranged a special interview of Papon on 05 Nov, 2014. The visit of the Group was given wide publicity through print, electronic, social media and other means. Donation of Mahindra Tractor and Pickup Vehicle to Municipality of Obrenovac: Indian company Mahindra & Mahindra and its Serbian partner M/s Agropanonka, donated Mahindra Tractor with Trolley and Mahindra Pickup Vehicle to the Mayor of Obrenovac on 12 Nov 2014, in their efforts to support the Municipality of Obrenovac in recovering from the disastrous effects of the recent catastrophic floods in Obrenovac and surrounding regions. The donation was organised in the presence of H.E. Mrs. Narinder Chauhan, Ambassador of India to Serbia, H.E. Mr. Miroslav Cuckovic, Mayor of Obrenovac, Mr. Andreja Mladenovic, Deputy Mayor of Belgrade, Mr Dragoljub Svonja, owner of Agropanonka, Mr. Angelo A. Molfetta & Mr Jose Ebenezer, Representatives of Mahindra & Mahindra in Europe and many other prominent persons. Workshop at Indian Cultural Centre: On 06 Nov, the workshop ‘Cycle-India that connects us’ at Indian Cultural Centre was attended by members of the Centre and the famous musicians & artists from Serbia, who have some connections with India. The group interacted with the participants and discussed the differences in traditional and contemporary trends in music. They met with Kirtan Group Samadhi from Belgrade during one hour session, where they discussed music approaches in different parts of India. They also sang songs as gifts to each other. Since both groups share the same passion for Indian music, they all felt the vibration of friendship and love through music. 10 In her remarks, Indian Ambassador conveyed her sympathies and condolences to the bereaved and displaced families and added that she had witnessed the floods in the region during the visit of Heads of Missions, organised by H.E. the First Deputy Prime Minister and Foreign Minister of the Republic of Serbia. She mentioned that immediately after the floods, the Government of India (GOI) had extended financial assistance of US Dollars One hundred thousand (US$ 100,000/-) as immediate relief to the people of Serbia and GOI representative participated in the donor conference also. A similar amount was provided to Bosnia & Herzegovina. The donation of Mahindra Tractor with Trolley & Mahindra Pickup Vehicle would effectively help the local authorities in their ongoing relief operations and rehabilitation efforts in the severely affected areas. The nature of Mahindra products is such that it can reach most difficult regions in demanding situations. On the occasion, the Ambassador of India also gifted books to the Sports Cultural Centre of Obrenovac and to the Library 'Vlada Aksentijevic' in Obrenovac. The Indian Ambassador also invited Serbian companies to take advantage of sponsorship package offered by EEPC India for participating in the 'India Engineering Sourcing Show being organised in Mumbai from 16-18 Dec 2014. Display of Exhibition ‘Digital Prints of Artworks by Rabindranath Tagore’: Ambassador along with Ms. Svetlana Jancic, Acting Director, National Library of Serbia, inaugurated the Exhibition ‘Digital Prints of Artworks by Rabindranath Tagore’ on 13 Nov 2014 at the National Library of Serbia [Atrium Hall], Skerliceva 1, Belgrade. The Exhibition contains 45 prints of a selection of the paintings of Noble Laureate Gurudev Rabindranath Tagore, the most prominent cultural figure from the un-fragmented Indian subcontinent. His pictorial language imparted a new dimension to modern Indian paintings. The Tagore exhibition has been provided by the Indian Council for Cultural Relations (ICCR), New Delhi. 11 This Exhibition is a tribute to the Gurudev Rabindranath Tagore, a great artist and a master of many forms, a multifarious personality, a true intellectual and one of the greatest and best-known ambassadors of Indian culture, whose name is synonymous with humanity and harmony across cultures and nations. His concept of creativity, philosophy, literature, art and society continue to inspire the world even today! Gurudev Tagore has a special connection with Serbia. Gurudev Tagore visited Serbia (former Yugoslavia) in 1926 and gave two lectures in the Belgrade University, had lunch in ”Serbian King”, gave an interview to Stanislav Vinaver and talked to the Bishop Nikolaj Velimirovic. Further, Gurudev was moved by a certain gift: an old Serbian robe hemmed with gold, made in Kosovo in the 18th century. The Serbia National Review edition (No. 4 of 2007) which wrote about his visit to Belgrade, described Gurudev as "the profound interpreter of East” and stated that the Serbian capital was amazed by the Indian poet and philosopher, as well as he was amazed by Belgrade. Celebration of Nehru's Birth Anniversary: On the occasion of the Birth Anniversary of Pandit Jawaharlal Nehru, the first Prime Minister of India, the Indian Cultural Centre organised a floral tributes on 14 Nov at the bust of Pandit Nehru, located at the Nehru Street (in front of the New Belgrade Municipality Information Service Building), New Belgrade. The ceremony was presided over by Ambassador and attended by members of both Indian and Serbian Community. On the occasion, Ambassador and Prof. Dusan Pajin spoke about the Nehru's contribution in the India-Serbia relations including the foundation of Non-Aligned Movement along with President Tito. "Sari: The Magic of Indian Weaves". In collaboration with the Indian Council for Cultural Relations (ICCR), Embassy of India will be organizing a curated exhibition of "Sari: The Magic of Indian Weaves", an Exhibition on Indian Saris by RTA Kapur Chishti, at Ethnographic Museum in Belgrade from 25 Nov - 07 Dec 2014. Indian cultural events in Serbia: Embassy of India, Belgrade, in collaboration with Indian Council for Cultural Relations (ICCR) and Incredible India, is planning to organise the following Cultural events in Serbia in coming months to further enhance and deepen the cultural contacts between India and Serbia: 12 Promotion of India in Auteur Film Festival, Belgrade and participation of the film 'Court' by Indian director Chaitanya Tamhane in the Festival, 29 Nov 2014; Participation in the 15th IWC Annual Diplomatic Charity Bazaar (Christmas Charity Bazaar) on 07 Dec 2014 at Sajam - Belgrade Fair; Exhibition 'Temples, Forts & Palaces: 2000 years of Indian Architecture' by Dr. Saryu Doshi, December 2014 - January 2015; Participation in Belgrade International Tourism Fair, February 2015; Indian dance group in March / April 2015. India Serbia Photography Contest 2014: Ambassador announced the opening of India Serbia Photography Contest 2014 at the EXIT festival in Novi Sad on 10 July 2014. The contest is open to the citizens of Serbia and India. The results will be announced in December 2014. Etihad Airways will sponsor the Grand Prize Winner from Serbia with two tickets to India and India Tourism Office, Frankfurt (Incredible India) will host the two guests from Serbia in India for 7 days. The Grand prize Winners from India will be hosted in Serbia by Brand Serbia for 7 days. The Top 10 entries from Serbia and Top 10 entries from India will get VIP passes for the next edition of the EXIT Festival. “Incredible India” Bus Branding Campaign in Belgrade, Serbia. The Embassy of India in cooperation with the Government of India Tourism Office, Frankfurt “Incredible India” initiated a Brand India marketing campaign by exterior branding of two Belgrade city transport busses (line 16 & 83). The campaign was started in February 2014 allowing citizens of Belgrade and commuters to enjoy the beautiful sights of Indian nature, people & culture and will continue until February 2015. Trade Fairs in India o India International Trade Fair www.iitf.in 14-27th of November 2014 New Delhi, India o CPhI India http://www.cphi.com/india/home 02-04th of December 2014 Mumbai, India o Fine Food India www.finefoodindiaexpo.com 03-05th December 2014 of New Delhi, India o Plastivision India www.plastivision.org 12-16th of December 2014 Mumbai, India Indian Technical & Economic Cooperation Programme (ITEC): ITEC was introduced in Serbia in 2008 and in this short span, over 100 candidates from Serbia have availed of the ITEC training in India. Under the ITEC Programme all expenditure, including the international air passages, boarding and lodging, internal transport, etc in India, of the candidates selected are borne by the Ministry of External Affairs, Government of India. Persons between 25 to 45 years, working in Government, Public and Private Sectors, Universities, Chambers of Commerce and Industry, etc. can apply for various training courses in India under ITEC Programme 2014-15, which have been circulated through the Ministry of Foreign Affairs Government of Serbia. More details about ITEC programme are available on Embassy's website. more information on forthcoming events is available at the Embassy website http://eoibelgrade.gov.in o India Engineering Sourcing Show (IESS) http://www.iesshow.in/ 16-18th December 2014 Mumbai , India o The Economic Times AceTech www.etacetech.com 18-21th of December 2014 Delhi, India o Vibrant Gujarat Summit http://www.vibrantgujarat.com/ 11-13th of January 2015 Ahmadabad , India o CII Partnership Summit http://partnershipsummit.com/ 15-17 January 2015 Jaipur, India o Indian Ceramics www.indian-ceramics.com 21-23 of January 2015, Ahmedabad, India o New Delhi World Book Fair www.newdelhiworldbookfair.gov.in 14-22nd of February 2015 New Delhi, India o India International Jewelry Show www.iijs-signature.org 13 20-23rd of February 2015, Mumbai, India o International Agriculture & Horti Expo www.hortiexpo.com 20-22,Feb 2015, Chandigarh India o Defexpo India http://defexpoindia.in February 2015,New Delhi, India o Kosmetika 2015 The Beauty and Wellness Show http://kosmeticashow.com Pragati Maidan, New Delhi, India o Panacea Natural Products Expo www.naturalproductsexpoindia.com February 2015, Mumbai, India o India International Handwoven Fair www.iihfchennai.com 11-13th of March 2015 Chennai, India o Aahar International Food Fair www.aaharinternationalfair.com March 2015 New Delhi, India o World Tea & Coffee Expo www.worldteacoffeeexpo.com September 2015 Mumbai, India o Annapoorna World of Food www.worldoffoodindia.com September 2015,Mumbai India o Beautika World 2015 http://beautikaworld.com September 2015,Mumbai India o World Ayurveda Congress http://www.ayurworld.org November 2015,New Delhi, India o Auto Expo India www.autoexpo.in 4-9th of February 2016, New Delhi, India 14 More information available at: www.indiatradefair.com www.cii.in/CII_Events.aspx www.ficci.com/ficci-exhibitions.asp www.assocham.org/events/index.php www.fieo.org/view_detail.php?lang=0&i d=0,22&evetype=0 www.biztradeshows.com/india/ Useful Links The National Portal of India http://india.gov.in The Ministry of External Affairs, Government of India http://mea.gov.in/ India Public Diplomacy www.indiandiplomacy.in Invest India www.investindia.gov.in India In Business http://indiainbusiness.nic.in Incredible India www.incredibleindia.org India Brand Equity Foundation www.ibef.org India Trade Promotion Organisation www.indiatradefair.com EXIM Bank http://eximbankindia.com The Confederation of Indian Industry www.cii.in Federation of Indian Chambers of Commerce & Industry www.ficci.com Associated Chambers of Commerce & Industry of India www.assocham.org The Federation of Indian Export Organizations www.fieo.org PHD Chamber of Commerce and Industry www.phdcci.in