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Posts Tagged ‘Investment

Global Aerospace Meet in Hyderabad

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Greater Possibilities says the tagline for three-day Global Defense & Aerosupply India being organized in Hyderabad. It aims to showcase the 29th State of India – TELANGANA to the global majors in the defense & aerospace industry as a potential hub for the industry. The new State took birth on June 2nd after a 14 year struggle to gain political approval and comes into its own trying to garner support from general public, politicians and investors alike. The birth pangs of this new State after division from erstwhile united Andhra Pradesh is visible with resources coming under severe strain. The resilient & tough Chief Minister who had dug his heels for last 14 years is now steering the new State towards “Bangaru Telangana” and making efforts to bring prosperity having achieved Statehood with its industry & investment-friendly policies.

In this backdrop, the three-day Global Defense Aerosupply India being organized by Govt. of Telangana brings global majors like EADS, Airbus, Eurocopter, Dassault, UTC, Honeywell, Lockheed Martin, Hamilton, Zodiac, Philips Aircraft, UTC HQ and the IAMF (Israeli Aerospace Manufacturing Federation) to Hyderabad. Some of the best minds will be talking about the Opportunities in the Defense & Aerospace industry and discuss the challenges & government policies alike.

They include keynote addresses by Dr. V. K. Saraswat, Former Secretary, Dept. of Defence R&D (GoI) & Scientific Adviser to Raksha Mantri & Director General of DRDO & ADA, Dr. Henri-Jacques Topf, Chairman – Schneider International, Mr. Daniel Kumar, Director SCM, UTC AerospacE Systems, Mr. Richard Budihadianto, President & CEO – GMF AeroAsia, Mr. Y Chandra Shekhar, Head – Sourcing, Airbus India, Mr. Ashish Mishra, Head – Indian Operations, P3, Mr. Girish Deshmukh, Head – Aerospace, GMR Hyderabad International Airport, Mr. Jayesh Ranjan, IAS & MD – APIIC, Mr. G Satheesh Reddy, Director – Research Center Imarat, DRDO, Mr. Patrick Fardeau, Aerospace & Defence Industry Sales Director – Dassault Systemes, Mr. Raj Velagapudi, Senior VP – Cyient among other distinguished speakers.

If you want to stay abreast of the developments in this space, keep visiting the conference website, http://www.aerosupplyindia.com for updates

Written by schelluri

October 20, 2014 at 12:18 pm

Why Srikakulam????

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Ask any industry captain to consider investment in Srikakulam district – all you get is a stern glare that is full of question marks?? Recent incidents of any corporation wanting to set up shop both in public & private sector have not been encouraging. Violence, death, protests, public hearings getting sabotaged, growing activism are factors worrying an investor to consider Srikakulam. But what led to this situation needs some careful understanding?

The moot question is about why Srikakulam district is unable to create employment & income generating opportunities, despite incentives from the State Govt. It has the advantage of a long coastline of 193 kms and spread over 5,837 sq. kms with a population upwards of 25 lakh; but more than 75% of the population is still dependent on agriculture, saltpans, fishing and sundry jobs.  

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Whether it’s sand mining, fish research center, thermal power, nuclear power plant or pharmaceutical industry – protests are widespread. What are their lurking fears to permit and partner in any development project. Is it fear of losing land, poor compensation, provision of jobs, issue of pollution, human rights; bad rehabilitation & relocation policy for land losers; lack of proper jobs for land losers – without skill up-gradation; ill-health from the industries; political interference. Maybe a combination of all these factors and misguidance by some vested groups as well.

This kind of ambience definitely doesn’t augur well for any industry. Even if the best incentives are offered – no businessman would like to risk his investment and work in a tense environment that puts his men & material under threat of constant uncertainty. If the entire work cycle is to come under the cloud of protest & negative sentiment – he/she would re-consider his option and move to a more congenial industrial atmosphere that fosters development. Remember how the Tata Nano project moved lock stock & barrel from Singur to Sanand in the backdrop of a similar protest & negative sentiment.

INDUSTRY COMPASSION OR LACK OF IT: The scale of industry coming up or proposing to set up shop needs to take cognizance of these local issues; identify the stakeholders, understand their issues, myths & concerns and partner with both the local Panchayat officials and also with govt. administration. Is it lack of compassion by the industry captains denying these villagers who forfeit their land for the project & get a raw deal in the process and get further exploited by the vested groups and politicians. Is the industry being driven by profiteering motive and denying the local villagers their share of the progress either social, economic benefits accruing from the said project??

 

The biggest loser is the Srikakulam district and its citizens. Can we change this?? I propose an initiative titled Srikakulam First that will identify the issues plaguing the industrial development, partner in stakeholder engagement and work in conjunction with local villagers and Govt. administration. Members of Srikakulam First could be people with origins & roots in this district – who have done well for themselves in any area – education, politics, cinema, sports, IAS, IPS, artist, business etc. Let’s identify such people – form a committee and work on a time-bound agenda to bring change!!

 

This needs to be done on TOP PRIORITY – with the rising protest groups, violence in the form of protests, media reportage, angst within the village folk against any development could create the much needed gap for extremist forces to enter and create a Singur-like situation in West Bengal?? 

Written by schelluri

May 8, 2013 at 1:31 pm