Dear Sir/Madam,

 

Greetings from CHEMEXCIL!

 

As we all know,  owing to COVID-19 pandemic there were restrictions on overseas travel which resulted in cancellation/ postponement  of many trade promotional events across the globe.

Hence Chemexcil  has decided to move ahead and shift our focus from participating in physical exhibitions to virtual shows to connect with overseas buyers and build long term business engagements. Accordingly council organised 2-Virtual Events Viz.  Bangladesh, Vietnam and participated in one event i.e. Interdye China.

 

It gives us immense pleasure to inform you that after successful completion of above events,   Chemexcil has decided to organize Virtual Buyer Seller meet with the importers of Japan on 17^th -18^th February 2021 with active support of Embassy of India, Tokyo, Japan.

 

Last year CHEMEXCIL  had organized Physical Buyer Seller meet under MAI scheme of Department of Commerce and Industry, Government of India at Vivekananda Cultural Centre Embassy of India, Tokyo 2-2-11 Kudan-Minami, Chiyoda- ku, Tokyo 102-0074 on 18^th September 2019 from 10.45 to 17.00 hrs and it was grand success. Altogether 30 member-exporters participated in this BSM. About 155 meetings were arranged in one day among 30 Indian companies. 79 Japanese companies visited our Buyer Seller meet.

 

Japan is an important market especially for Organic Chemicals, Agro Chemicals Dyes and Dye intermediates.

The Exports of Chemicals to Japan for council’s items is as under: -

 

                                                                         Value in USD Million

 

Product Group/Panel	2017-18	2018-19	2019-20
(32) Dyes & (29) Dye Intermediates	67	86	91
(32) Dyes	63	77	78
(29) Dye Intermediates	5	9	13
(28) Inorganic, (29) Organic & (38)  Agro chemicals	309	295	355
(28) Inorganic chemicals	25	29	29
(29) Organic chemicals	158	204	219
(38) Agro chemicals	126	62	107
(33) Cosmetics,  (34) Soaps, Toiletries and (33) Essential oils	29	29	30
(33) Cosmetics, (34) Toiletries	26	26	29
(33) Essential oils	2	3	2
(15) Castor Oil	39	36	34
TOTAL	444	447	511

 

It is a good and unique opportunity for your organization to associate with this Virtual BSM to reach out to the Japanese region.

 

SELLER PROFILE (INDIAN DELEGATES)

 

Dyes & Dyes intermediates, Dyestuffs, Pigments, Basic Inorganic and Organic Chemicals, Textile Chemicals, Leather Chemicals; Agro Chemicals - Pesticides, Herbicides, Cosmetics and Toiletries, Essential Oils, Castor Oil and its Derivatives, Speciality Chemicals.

 

WHO WILL ATTEND (JAPAN)?

• 
  Importers
  •                 Retail Stores
  •                 Distributors
  •                 Wholesalers
  •                 Industry manufacturers
  •                 Corporates

 

KEY EVENT FACTS

 

1. Expected No. of Indian Exhibitors – 25 Nos.
2. Visitors Expected from – Entire Japan region.
3. Participation Charges:-

 

Rs. 70,000/- + 18% GST = 82600/-  per company (for 2-logins only.)

 

Extra Login Rs. 15000/- + 18% GST =17700 /-  per person

 

4. Terms of Payment:- Advance by bank transfer at below bank details

• Account Name: - CHEMEXCIL SBI A/C. NO. 10996680758”
• Name and address of bank:- STATE BANK OF INDIA, MUMBAI MAIN BRANCH
• Account No:- 10996680758
• IFSC CODE:- SBIN0000300

 

VIRTUAL AMENITIES :

 

1. Dedicated Virtual Meeting room with Company Name Listing and Map.
2. Company Profile Page, providing a place for Company Video, Contact info, Company Description, Product Listings, and Downloadable Documents Brochure.
3. Supplier Search optimisation
4. Instant Communication facility (Chat, Email, Video, Technical Support, etc.)

 

IMPORTANT NOTE:-

 

1. Company details like Company / Product Video, Contact info, Website URL, Social Media Icons, Company Description, Product Listings, and Downloadable Documents Brochure, etc. Needs to be provided by exhibitors in the desired format.

 

2. Charges mentioned above are subsidized rate under MAI scheme of DOC.

 

3. Demo will be arranged to confirmed participants of the event.

 

4. Confirmation of meeting room will be on First come first confirmed” basis after receipt of full payment.

 

5. Last date of remitting the participation charges will be 15^th January-2021.

 

6. Scan copy of NEFT/ RTGS details to be sent to prasad.proj@chemexcil.gov.in / stating the name of your company.

 

7. PAN and GST of Chemexcil is as under  and other details for processing payment

• GST NO: 27AAATB3875E1ZT
• SAC: 999621 Exempted
• PAN NO: AAATB3875E

 

8. CANCELLATION POLICY:-

 

• In case of any reason of cancellation from members, NO REFUND will be processed to respective Company/Member.
• If the event is cancelled by Chemexcil then full amount will be refunded to the participants.

 

9. For booking and further information or clarification, please contact Mr.  Prasad Arolkar (Mob: 9773050470, E-mail: prasad.proj@chemexcil.gov.in).

 

We request you to send us the confirmation along with payment, to avoid disappointment at the last minute.

Thanking you and awaiting your kind communication.

 

 

 

Yours faithfully,

 

 

Deepak Gupta

Acting Executive Director

CHEMEXCIL

 

As you might be aware, Government has recently announced “Emergency Credit Line Guarantee Scheme"  to provide liquidity to the MSMEs in the wake of COVID-19 related economic stress.

 

 

 

Under the Scheme, 100% guarantee coverage to be provided by National Credit Guarantee Trustee Company Limited (NCGTC) for additional funding of up to Rs. three lakh crore to eligible MSMEs and interested MUDRA. borrowers, in the form of a Guaranteed Emergency Credit Line (GECL) facility.

 

 

 

 

 

Details/ Salient Features of the Scheme

 

 

 

The Emergency Credit Line Guarantee Scheme (ECLGS) has been formulated as a specific response to the unprecedented situation caused by COVID-19 and the consequent lockdown, which has severely impacted manufacturing and other activities in the MSME sector.

 

 

 

The Scheme aims at mitigating the economic distress being faced by MSMEs by providing them additional funding of up to Rs. 3 lakh crore in the form of a fully guaranteed emergency credit line.

 

 

 

The main objective of the Scheme is to provide an incentive to Member Lending Institutions (MLIs), i.e., Banks, Financial Institutions (FIs) and Non-Banking Financial Companies (NBFCs) to increase access to, and enable availability of additional funding facility to MSME borrowers, in view of the economic distress caused by the COVID-19 crisis, by providing them 100 per cent guarantee for any losses suffered by them due to non-repayment of the GECL funding by borrowers.

 

 

 

The salient features of the Scheme include –

 

 

 

i. All MSME borrower accounts with outstanding credit of up to Rs. 25 crore as on 29.2.2020 which were less than or equal to 60 days past due as on that date, i.e., regular, SMA0 and SMA 1 accounts, and with an annual turnover of up to Rs. 100 crore would be eligible for GECL funding under the Scheme.

 

 

 

ii. The amount of GECL funding to eligible MSME borrowers either in the form of additional working capital term loans (in case of banks and FIs), or additional term loans (in case of NBFCs) would be up to 20% of their entire outstanding credit up to Rs. 25 crore as on 29th February, 2020.

 

 

 

iii. The entire funding provided under GECL shall be provided with a 100% credit guarantee by NCGTC to MLIs under ECLGS.

 

 

 

iv. Tenor of loan under Scheme shall be four years with moratorium period of one year on the principal amount.

 

 

 

v. No Guarantee Fee shall be charged by NCGTC from the Member Lending Institutions (MLIs) under the Scheme.

 

 

 

vi. Interest rates under the Scheme shall be capped at 9.25% for banks and FIs, and at 14% for NBFCs.

 

 

 

 

 

Implementation schedule:

 

The Scheme would be applicable to all loans sanctioned under GECL during the period from the date of announcement of the Scheme to 31.10.2020, or till an amount of Rs three lakh crore is sanctioned under the GECL, whichever is earlier.

 

 

 

Members are requested to take note of above features of the ECLGS Scheme and  may avail, if applicable.

 

 

 

For operational guidelines and FAQs, please use below links on NCGTC site-

 

 

 

 

 

https://www.eclgs.com/documents/ECLGS%20-%20Operational%20Guidelines-Updated%20-%2002.06.2020.pdf

 

 

 

 

 

https://www.eclgs.com/documents/FAQs_on_ECLGS-Updated_as_on_06.06.2020.pdf

 

 

 

 

 

Please note that above information is being provided only as a service to the members in good faith.  For further details/ queries, Please contact your bank and financial institutions.

 

 

 

You may also send your feedback to the council on info@chemexcil.gov.in .

 

 

 

 

 

Thanks and Regards,

 

 

 

 

 

S G Bharadi

 

Executive Director

This is with reference in view of the disruption in supply chains due to the Corona virus. As you aware that Coronavirus epidemic is a matter of grave concern for the entire world, it is incumbent on larger economies like India to fill up the gaps in the global market. Countries which had been depending on China have learnt a lesson they should have an alternative market for sourcing and India was expected to be their preferred destination. So in the coming few months can provide our exporters greater market access in the absence of usually aggressive and competitive Chinese suppliers.

 

 

 

As a part of special measures under the national emergency to combat the spread of COVID-19 in Peru, has announced a zero per cent import duty on 65 products which include organic and inorganic chemicals, medicament, medical appliances, articles of vulcanised rubber, super absorbent polymers, etc. this is to overcome the likely supply chain disruption. Though a temporary measure intended for 90 days with effect from 13 March, it is likely to be extended for a longer period. Peru currently imports these items from China, USA, and EU countries, with which it has Free Trade Agreements, while imports from India attract 6% duty. According to Lima Chamber of Commerce (LCC) and the Association of National Pharmaceutical Industries, the measure (to remove duty) would incentivize Peruvian importers to source these products from other markets such as India.

 

 

 

In this context on our request we have received tremendous support from the High Commission of India in Peru and we have received information from them that President of Anders Peru S.A.C., Mr. Peter Anders – which has major presence in Peru as distributor of chemicals and intermediate products in different industrial sectors, has expressed interest in establishing contacts with potential suppliers in India. Mr. Anders approached the Embassy for support and guidance for sourcing chemicals and ingredients in the following sectors:

 

 

 

•        Coatings and adhesives

 

•        Plastics

 

•        Flexo painting

 

•        Home and personal care (cosmetics and perfumes)

 

•        Industrial and institutional hygiene

 

•        Electroplating

 

•        Textiles

 

•        Paper industry

 

•        Food additives

 

 

 

Mr. Anders has stated that they are currently importing dyes from India for the paper industry, and that they are keen to build and expand company’s trade relations with Indian suppliers.

 

 

 

Anders Group is a well reputed Peruvian company in the chemicals sector and it is a regional South American distributor of specialty chemicals, ingredients and industrial equipment. It was founded in 1964 and has 56 years of market experience. Its headquarters is located in Lima, Peru. The group with more than 150 employees and a turnover of over US$ 60 million, has commercial offices and warehouses in Peru, Bolivia, Ecuador, Chile and Colombia. The group company presentation is attached herewith for your ready reference. Mr. Anders also informed that he would like to use company’s distribution centre in Lima as a hub for supplies to countries in the region.

 

 

 

Mr. Anders’ proposal offers a good opportunity to tap into the Peruvian market, especially when exports of organic chemicals from a major supplier to Peru has dropped by 17%  and those of inorganic chemicals by 13% during the period January – April 2020.

 

 

 

We may request to our members to contact directly with Anders Peru S.A.C to expand business in Peruvian market. The details are mentioned below

 

 

 

            Mr. Peter Anders

 

            President of the Board

 

            Anders Peru S.A.C.

 

            E.mail: peter.anders@qanders.com 

 

 

 

Further, as desired, please find attached Lists of potential importers in Peru under Chapters 28, 29, 32, 33, 34, and 38.

 

 

 

We may request to our member exporters to take advantage of this opportunity and export to Peru.

 

 

 

Members  may also  send their comments / feed-back  on  our e-mail id’s:  ed@chemexcil.gov.in;  adreach@chemexcil.gov.in; deepak.gupta@chemexcil.gov.in; rokolkata@chemexcil.gov.in & robengaluru@chemexcil.gov.in  

 

 

 

Thanks and best regards,

 

 

 

S G BHARADI

 

EXECUTIVE DIRECTOR

 

CHEMEXCIL

 

BASIC CHEMICALS, COSMETICS & DYES EXPORT PROMOTION COUNCIL