Circulars

Business Delegation to Philippines , Cambodia and Thailand during 11th- 15th March, 2024
 

  


CHEMEXCIL
Basic Chemicals, Cosmetics & Dyes Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India)
Jhansi Castle, 4th floor, 7-Cooperage Road,   Mumbai - 400 001.

Tel  :+91-22-69821200 to 206 Membership Helpline No : 7738933059
Twitter : @chemexcil
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in


EPC/PROJ/ ASEAN /23-24                                                             23-01-2024                                                                

 

 

To,
ALL THE MEMBERS OF THE COUNCIL

 

Business Delegation to Philippines , Cambodia and Thailand 

 

during 11th- 15th March, 2024

 

 

Dear Sir/Madam,

 

This is in continuation to circular dated 16th November, 2023 wherein we had intimated the postponement of Buyer – Seller Meet in Cambodia & Thailand in order to include an additional destination towards maximizing the trade potential in the ASEAN region.

 

We take pleasure in informing you that the council is organizing a Business Delegation to Manila (Philippines), Phnom Penh (Cambodia) and Bangkok (Thailand) during 11th- 15th March, 2024.Panel wise exports of items coming under the purview of the council to destination countries for the FY 2022-23 is enclosed herewith for your kind reference.

 

B2B SCHEDULE & PARTICIPATION COST:

 

S.NO

PARTICULARS

DATE & DAY

PARTICIPATION CHARGES (INR)

1

INDIA – PHILIPPINES CHEMICAL BUSINESS MEET

11th March, 2024

1,00,000
(Participation charges are subsidized and non – refundable)

2

INDIA – CAMBODIA CHEMICAL BUSINESS MEET

13th March, 2024

3

INDIA – THAILAND CHEMICAL BUSINESS MEET

15th March, 2024

 

 

Inclusions: Focused B2B meetings & Common Interpreters during the event

***Venue for scheduled BSM’s will be communicated in due course.

 

Participation Guidelines:

 

  • MAI grant in terms of Participation Charges & Air fare Charges will be available only to eligible 25 no. of exhibitors on first come (Payment) first served (Allocation) basis (Actual or maximum of up to Rs.90,000/- whichever is less).

 

  • Companies which have participated in three events through CHEMEXCIL in the same financial year (2023-2024) under MAI scheme will not be eligible for MAI grant.

  • As per the updated guidelines, it is mandatory for the companies to have minimum annual export turnover of INR 50 lacs in the preceding financial year to avail reimbursement of airfare.

 

  • Companies having NIL export turnover will also be eligible for 50 % airfare reimbursement subject to minimum turnover (domestic sales) of INR 50 Lacs in the preceding financial year. (Allowed only to  10% of total number of participants i.e 2 companies for this event)

  • Reimbursement of air-fare (is only eligible for economy class) to the exporting companies (Exhibiting Company) with an F.O.B. value of exports below Rs. 50 crore in the preceding financial year.

 

  • Members should have completed 12 months of membership of council and regularly filing Export returns with the council.

  • Air fare will be permissible only to the regular Director / Partner/Proprietor or a regular officer of the company on senior managerial position.

 

  • Air fare Claim forms duly filled in and complete in all respects must be submitted to the council within 45 days of return to India.

  • A company having DEL STATUS (as per DGFT) is not eligible for participation under MAI scheme.

 

  • Once the event is over, participants must submit the outcome report. Format will be provided by Chemexcil on site or on email.

  • Chemexcil will facilitate required visa invitations and issue a visa recommendation letter for the participating delegate.

 

  • In case of inadequate participation, the council will not participate and organize the BSM. It is requested to consult with the Council before booking your air tickets and hotel accommodation at destination countries.

  • The Airfare Reimbursement will be done after finalization of Accounts in Ministry & Subject to receipt of funds from the Govt. of India.

 

  • The Event is being organized on a best efforts basis.  However, all the exhibitors/participants are expected to use their commercial jurisprudence while negotiating prices, payment terms, and delivery terms. CHEMEXCIL cannot guarantee the market credibility and/or financial stability of any buyer attending these meetings.

  • In every country, the Council does not guarantee a specific number of meetings.

 

  • The Council does not guarantee any food or other hospitality arrangements during or after the event.

  • Members can contact & invite their buyers in those countries for the BSM.

 

  • BSM CANCELLATION :-No refund in case of any cancellation by the Participating Company & Full Refund will be initiated if the council cancels the event in view of any unforeseen circumstances.

  •  

  • TERMS OF PAYMENT             :- Full Payment in Advance as per bank details mentioned below :

 

NAME OF ACCOUNT                  

CHEMEXCIL SBI A/C. NO. 10996680758

ACCOUNT NO                              

10996680758

TYPE OF ACCOUNT                     

CURRENT

NAME AND ADDRESS OF BANK    

STATE BANK OF INDIA, MUMBAI MAIN BRANCH

IFSC CODE

SBIN0000300

 

Members are kindly requested to register their participation via Google form (https://forms.gle/PzYbX2ej6Tr8hQS27 ).

 

For detailed information, you may please write to Mr. Kumar Siddhartha – Regional Director (Email : rd.del@chemexcil.in or contact Ms. Jenny Lawrence - Senior Executive Officer (Email : jenny@chemexcil.in  on +91-8147650530 /+91 - 7738364255.

 

Thanking you.

Yours faithfully,

 

Raghuveer Kini
Director General

CHEMEXCIL

 

Encl : Chemical Products Exports FY 2022-23