IIFT ICC National Trade & Logistic Synposium 2010 Concept Note

8/2/2019 IIFT ICC National Trade & Logistic Synposium 2010 Concept Note

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TRADEWINDS 2010"

Trade & Logistics Symposium

UNLOCKING INDIAs TRADE POTENTIAL

presents


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ndia stands at a decisive moment in itsgrowth, when development is at a

crossroad, even as we stand at the cusp of

a vanishing footprint in the trade frontier

n the face of stiff competition from other

emerging countries. As such, India needs

to find greener pastures to realize its trade

potential and further opportunities to

expand specially in the scenario of a global

slowdown.

Africa, once the lost continent is the

rising star whose light beckons India and

promises to be the future hub to build up

e xp or t m o me nt u m a n d e co n om i c

opportunity. China has already cashed inon the latent economic prowess of the

African economies. China, after having

deluged the local Indian market with its

ow cost product varieties, seems all set to

dominate the world exports.

While on one hand, the Chinese goodswith their low rates, wider variety, and eye

catching labels are giving sleepless nights

to the indigenous manufacturers, the 9+

projected growth of our economy proves

ndias unwillingness to play the second

fiddle. With an impressive growth in the

c om m od i ti es s e ct or, I n di a s t ra d e

activities are projected to grow by a robust

10.5% in Fy11. The loss in revenue due to

the tardiness inthe procession of Indian

policies vis--vis Chinas is vastlycompensated by the rise of the educated

middle class which is a huge asset to any

nation. The stage seems all set fora heated

battle between the two prospective

superpowers.

Indias growth patterns have mirrored

Chinas at an average of about 8 percent

per annum until the financial crisis hit,

albeit coming from a far smaller base.

Withan economy about tobreak

into the global top ten in terms of size

(India currently is in twelfth position) the

global community is both starting to take

note of Indias rise and to appreciate itsclout.

But what remains to be seen is whether

India can consolidate its position and build

systems in time with the right strategies to

challenge China. This symposium is an

effort to further the discussion at both the

macro and the micro levels and also tounderstand the constraints which have

severely arrested our infrastructural

scenario andcompetitiveadvantage in the

world trade corridor.

THEME: UNLOCKING INDIAS TRADE POTENTIAL

TRADEWINDS 2010

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economy and building the Africaninfrastructure.

WhileIndiahasbeenslowtorecognize

Africas importance, in recent years it has

worked hard to increase i ts own

engagement with Africa. However, Indias

economic presence in Africa is mostly

marked by the predominance of its private

sector, recent examples being Bhartis

acquisition of Zain, Tata groups opening

up of a hotel in Zambia and Vedantas

acquisition of copper mines in the country.

Beyond resources and infrastructure,

IndiahasalsocarvedanicheinAfricanIT&

Telecom,education andhealthservices.

As Shashi Tharoor, the former Indian

minister, underlined we have an

opportunity to enjoy a privileged position

in many African countries that we would

befoolishnot todevelop.

The session will attempt to provide an

outline for the growth opportunities in

Africa, how India can take advantage of

these opportunities, and how it can

prevail overothercompetitors.

nvest in Africa, the Dark Continent? Nochance, nothing but war and famine

would have been the response a decade

ago. Even today, negative perceptions

plague the region and often mask the

reality of a quietly transforming continent.

n fact, it remains one of the last

unrecognized growth opportunities in the

world with GDP growth averaging 5.3 % in

thepast decade.

Africas potential is huge as it is blessed

with a wealth of natural resources

ncluding hydrocarbons, 60% of the

world s uncult ivated arable land,

abundant fresh water, and favourabledemographics with the working age

population projected to be the worlds

argest by 2040. UNCTADs 2 010

nvestment Report indicated that Africas

share of FDI has expanded by nearly 50%

since 2000 and most notably, had declined

the least among the worlds continentsastyearduringthecrisis.Sothestage

finally appears set for Africas takeoff.

ronically, the first to notice Africas

potential was not the West but China.

From the late 1990s, it has rapidly

ncreased its economic engagement with

Africa. Chinas interest is two-fold;

extracting resourcestofuel itsbooming

SESSION 1: THE RISE OF AFRICA & OPPORTUNITIES FOR INDIA

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SESSION 2: INDIA vs CHINA IN THE GLOBAL MARKET

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Chinas no-holds barred surge in the tradearena has cast a shadow over Indias

export potential. Despite the fact that its

relationship with most countries is marred

byahugetradesurplus,Chinasgoldenrun

continues to storm the world and raises a

threat of leaving behind its nearest

competitor India by theproverbialmile.

At one time, India and China competed on

e xp o r t i n g t he s a me b a s ke t o f

manufactured goods, i.e. textiles and

clothing, leather & handicraft products

and light machinery. A twelve year lead as

regards to economic liberalization and an

export or iented trade pol icy has

completely turned the game in Chinasfavor in a manner that the sheer

experience of its manufacturing industry

has displaced much of Indias exports in

this sector.

As India begins to prepare itself for a

second waveof growth in the aftermath ofwhat has indeed proven to be a difficult

financial crisis for Asia, questions are now

bein g a sked a s to the extent o f

competition India really brings to global

marketswhen measured up against China.

While China has more than trebled its

exports in Textile & Clothing, Indian

exports havenotgained much ground.

Covert tactics by the Chinese to not onlydestroy Indias competitive advantage but

also to mar our credibility is demonstrated

in the fact that low quality textiles with

fake Made in India labels were

recovered from Nigeria and elsewhere in

Africa, which were apparently exported

from China. At a time when the Indian

textile industry is already reeling under

the effects of the global recession, efforts

to reach out to the African subcontinent

have been rendered futile by such devious

stratagems.

China is gearing up to pose a serious

c ha l l en ge t o I nd ia n ot o nl y i nmanufactured goods, but also in its bread

and butter industry the IT & ITES sector.

Chinas rapid expansion plans in the

software field are ample testimony to the

above threat.

Is Chinas export imperialism sounding adeath knell for Indian goods in the world

market? How is India going to tackle

Chinas ever increasing threat? Is an

attempt to overtake China a futile pursuit

on Indias part? This session aims to

contend such issues and bring to light the

roadblocks India has been facing in its

quest torealize its latent tradepotential.


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The contribution of supply chain to acountrys growth has assumed significant

proportion in recent times. Today, an

ndustry realizes andstrives to integrate its

end-to-end processes to derive cost and

quality benefits and firms are aggressively

scouting for locations to realize these

advantages. So, India and China have

emerged as key suppliers in the global

supply chain. This is because they possess

an educated yet inexpensive workforce,

vast connectivity through road, rail, air or

ocean transport and substantial official

support for infrastructure development.

Thus arises the pertinent question, Indiavs. China, vis--vis the supply chain

potential. This entails a comparison of the

existing physical infrastructure. In India,

there is a heavy reliance on roads for

transportation. Its road network of about

3 million kilometers is second only to the

US while China has only a mill ionkilometers. However, in India, only about

half of the roads are paved. The roads are

too narrow to allow passage of vehicles

bigger than small trucks while China has

five times Indias length of multi-lane

highways.

n 2010 alone, the Indian logistics industry

s estimated to be 13% of the GDP, i.e. $20

billionandestimatedtogrowata

CAGR of 15-18%. The transportation partof supply chain contributes around 70-

75%, warehousing related processes

around25-20% and the balance bythe 3PL

and 4PL modes. It is largely driven by

outsourcing activities as customers seek

operationalefficiency atreduced costs.

But, this sector is also plagued by the

absence of organized players, a fact

highlighted by the latest World Bank

Logistics Performance Index 2010, which

ranksIndiaat47.

Due to poor infrastructure, the cost of

transportation in India is prohibitively

high, but things might improve, as theIndian government has earmarked 10% of

the GDP for infrastructure spending to

enhance the logistical abilities of the

country.

The last four years have seen considerable

growth in mergers and acquisitions (M&A)in logistics, ports, warehouses and

container freight stations while Free Trade

Warehousing Zones (FTWZ), freight

stations, cold chains and captive spin-offs

such as auto and retail logistics are seen as

attractive targets now. Whatever the

outcome, the truth remains that India has

firmlyestablisheditselfinthepsycheof

world consumers and global supply chain

sourcing.

SESSION 3: SUPPLY CHAIN INNOVATIONS TO OVERTAKE CHINA

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PROGRAMME DETAILS

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Time Details

09:00 10:00 AM Registrations

10:00 11:00 AM Inaugural Session

11:00 11:15 AM Tea Break

11:15 12:30 PM Session 1

12:30 01:15 PM Lunch Break

01:15 03:00 PM Session 2

03:00 03:15 PM Refreshment Break

03:15 04:45 PM Session 3

TRADE & LOGISTICS SYMPOSIUM2010 - EVENTS

Apart from the symposium, IIFT will also be launching two national level lead events. The

competitions would be launched in association with appropriate knowledge partners in

respectivedomains.

This competition will be launched at an inter B-School level across India on the day of the

symposium.

This competition will be launched at an inter B-School level across India three weeks prior

to the symposium. The casewould bebased ona liveproblem.

: UnlockingIndias TradePotential

:17thNovember,2010

: Swissotel,Kolkata

White Paper competition

CaseStudycompetition

Title

Date

Venue

PROGRAMMESTRUCTURE


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SOME PREVIOUS KEY SPEAKERS

Dr.A.P.J.AbdulKalam,

Mr. KamalNath,

Mr. SaugataRoy,

Mr.C.B.Bhave,

Dr. Ashok Lahiri,

Mr. Vinod Rai,Mr.S.K.Rungta,

Mr. ShaneFreeman,

Mr. Raj Nair, Chairman,

Mr. YogendraSharma,

Mr. K.C.Chakrabarty,

Mr. VishwavirAhuja,

Mr. Sanjay Jain,

Mr. Kamal Mansharamani,

Mr. AjayChowdhary,

Mr. Ashvin Parekh,

Mr. Joydeep Sengupta,

Mr. Ashvin Parekh,

FormerPresidentof India

Hon.MinisterofCommerceand Industry,GOI

UnionMinisterofState,UrbanDevelopment

Chairman,SEBI

Chief EconomicAdvisor,GovernmentOf India

ComptrollerandAuditorGeneralof IndiaChairman,SAIL

MD,ANZ India

AvalonConsulting

CEO,Adani Logistics

ChairmanandMD,PunjabNationalBank

MD&CountryManager,BankofAmerica

CountryManagingDirector,Accenture, India

CEO,Birlasoft

ChairmanandCEOHCL Infosystems

Exec.Director,Deloitte&ToucheConsultingPvt. Ltd.

GlobalPartnerMcKinsey&Co.

PartnerFinancialServicesErnst&Young

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OUR PREVIOUS ENDEAVOURS2010

2009

2008

2007

1) IIFT-National HR Symposium: Re-engaging the Lost TalentKey Note Address: Dr. Shailesh Thaker, International Management Consultant & HR Guru

1) IIFT-CII Trade and Logistics Symposium: Unleashing the untapped potential in trading with focus on

sustenanceKey Note Address: Shri Saugata Roy, Union Minister of State, Urban Development

2) IIFT-NMCC Tradewinds, Manufacturing Symposium: Indian Manufacturing Industry Sustaining Growth in

Turbulent TimesKey Note Address: Shri S. K. Rungta, Chairman, SAIL

3) IIFT-IT Symposium: Indian IT: Opportunities in the Emerging Market ScenarioKey Note Address: Mr. Som Mittal, President, NASSCOM

4) IIFT-BCCI National Finance Symposium: The Future of Investments A Quest for Value

Key Note Address: Shri C. B. Bhave, Chairman, SEBI

1) IIFT-Nasscom National IT Symposium: Indian IT at Crossroads, Finding New Dimensions, Exploring NewAvenues

Key Note Address: Dr. Debesh Das, Information Technology Minister, Government of West Bengal2) IIFT-PHDCCI National Trade Symposium

Key Note Address: Mr. Sanjeev Asthana, President Reliance Retail

Guest of Honor: Mr. R. S. Sharma, Chairman Managing Director, NTPC3) IIFT-PHDCCI National Consulting Symposium: Role of Consultants in an Emerging Knowledge Based Economy

Key Note Address: Former President of India, Dr. A. P. J. Abdul Kalam4) IIFT-ICC Tradewinds: Sustaining the Indian Growth Story

Key Note Address: Mr. Sanjay Budhia, President ICC

5) IIFT-Bombay Chamber National Finance Symposium: Indian Banking - The Road AheadKey Note Address: Mr. Vinod Rai, Comptroller and Auditor General of India

1) IIFT- PHDCCI National Consulting Symposium: Changing Business Scenarios and New Frontiers in Consultancy

Keynote Address: Mr Arun Maira, Chairman - Boston Consulting Group, India2) IIFT-FICCI Finance Symposium: Financing Corporate India Growth

Keynote Address: Mr M. Damodaran, Chairman - SEBIGuest of Honor: Mr Moti Lal Oswal, Chairman - Motilal Oswal Group

3) IIFT- CII National Marketing Symposium: Changing Face of Marketing in the Creative Economy

Keynote Address: Mr S. K. Mishra, Regional Director, CII Emerging Trends

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INDIAN CHAMBER OF COMMERCE

Founded in 1925, ICC is the leading and only National Chamber of Commerce operating from Kolkata, and oneof the most pro-active and forward-looking Chambers in the country today. Its membership spans some of the

most prominent and major industrial groups in India. ICC is the founder member of FICCI. Set up by a group of

pioneering industrialists led by Mr. G D Birla, the Indian Chamber was closely associated with the Indian

Freedom Movement, as the first organised voice of indigenous Indian Industry. Several of the distinguished

ndustry leaders in India, such as Mr. B M Birla, Sir Ardeshir Dalal, Sir Badridas Goenka, Mr. S P Jain, Lala

Karamchand Thapar, Mr. Russi Mody, Mr Ashok Jain, Mr. Sanjiv Goenka, have led the ICC as its President. ICC is

theonly Chamber from Indiatowinthefirstprizein World ChambersCompetition in Quebec, Canada.

The Chamber has a special focus upon Indias trade & commerce relations with other Countries includingSouth & South-East Asian nations, in sync with Indias Look East Policy, and has played a key role in building

synergies between India and her Asian neighbours like Singapore, Indonesia, Vietnam, Thailand, Bangladesh,

andBhutanthrough Trade & Business Delegation Exchanges, andlarge InvestmentSummits.

CCs North-East Initiative has gained a new momentum and dynamism, and the Chamber has been hugely

successful in spreading awareness about the great economic potential of the North-East at national and

nternational levels. Trade & Investment shows on North-East in countries like Singapore, Thailand and

Vietnam have created new vistas of economic co-operation between the North-East of India and South-East

Asia. The North East Initiative is also engaging with the state governments in livelihood generation bypromoting indigenous products of theregion through export oriented projects. ICC is also recognized as Nodal

Chamber for developmentof North East of Indiaby Ministry ofDoNER.

The Chamber also has a very strong focus upon Economic Research & Policy issues - it regularly undertakes

Macro-economic Surveys/Studies, prepares State Investment Climate Reports and Sector Reports, provides

necessary Policy Inputs& BudgetRecommendationsto Governments atState& Central levels.

The Indian Chamber headquartered in Kolkata, over the last few years has truly emerged as a national

Chamber of repute, with full-fledged offices in New Delhi and Guwahati functioning efficiently, and buildingmeaningful synergies between Industry and Government by addressing strategic issues of national

significance.

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INDIAN INSTITUTE OF FOREIGN TRADE

ndian Institute of Foreign Trade (IIFT) - School of International Business, a deemed

university under the Ministry of Commerce,Governmentof India, isone of Indias premier

B-schools, witha heritageof morethan four decades. IIFT, through its crucial role in

developing an understanding of global business dynamics, has created a 40,000 member

strong alumniof International Business specialists, whohaveserved thecountry as

accomplishedmanagersandexpert policymakers. In light of itscontributions to theglobal

business environment, IIFT holds the coveted position of being Indias leading school of

nternational Business. MBA (International Business), the flagship program of IIFT, is a

foundation course for developing a competent cadre of business executives to meet the

countrys growing requirements for trained personnel in the field of business

management.

For further information please contact:

Dr. K. RANGARAJAN

Professor & HeadKolkata Campus

ndian Institute of Foreign Trade

1/14, EP & GP Black, Sector - V

Salt Lake City, Kolkata - 700 091

[email protected]

Shri MUNISH BHARGAVAFaculty Alumni Coordinator

Placement & Corporate Advisorndian Institute of Foreign Trade

[email protected]

Coordinators

Ankit Gupta

9804788971

[email protected]

Ashish Sinha

9674332081

Vikas Dhar

9804265906

[email protected]

[email protected]

TRADEWINDS 2010

Indian Institute of Foreign Trade

School of International Business

New Delhi|Kolkatawww.iift.edu

IIFT ICC National Trade & Logistic Synposium 2010 Concept Note

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