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  :  91-22-22021288, 22021330 Fax : 91-22-22026684.
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in

EPC/PROJ/ ASEAN /23-24                                                                             22nd  September, 2023

TO

ALL THE  MEMBERS OF THE COUNCIL

Dear Sir/Madam,

We take pleasure informing our member companies that Chemexcil with support from our Indian missions is organizing a Buyer Seller Meet (BSM) in Cambodia and Thailand under the MAI scheme of the Ministry of Commerce and Industry, Government of India.

The subject event is approved under the Market Access Initiative (MAI) scheme for 25-Indian Companies providing an opportunity to interact and strengthen their bilateral relationships in the ASEAN region.

The Panel Wise Exports of items coming under the purview of the council to Cambodia and Thailand for the year 2022-23 in USD Million are as below for your ready reference:

VENUE & PARTICIPATION COST:

INCLUSIONS: FOCUSED B2B MEETINGS, COMMON INTERPETERS & AIR PORT TRANSFERS (ONLY FOR DELEGATES TRAVELLING ON CHEMEXCIL ITINERARY AND STAYING AT RECOMMENDED HOTELS AT DESTINATION COUNTRIES)

Note:

1.  It is mandatory to participate in Both (Two) Buyer Seller Meets for availing MAI benefit.
2.  Dates of the event have been finalized with after due consultation with the Indian Missions at respective destinations.
3.  Participation charges mentioned are subsidized rates & are non-refundable.

Participation Guidelines:

a.  The event is proposed to be covered under the Market Access Initiative (MAI) scheme of the Ministry of Commerce & Industry, Govt. of India for the year 2023-2024.

b.  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.

c. 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 grants.

d.  Charges mentioned for participation in this event are the subsidized rates hence no refund will be initiated by council during or after the event.

a. Those who would like to join this BSMs are eligible to get reimbursement of travel expenses by air. (Actual or maximum of up to Rs.90,000/- whichever is less)

b.  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.

c. 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)

d.  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.

e.  Members should have completed 12 months of Membership of council.

f.    Regularly filing Export returns with the council

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

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

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

c.   Chemexcil will issue a visa recommendation letter as soon as you complete and submit the payment details. Please send us the scan copy of the passport photograph of the person along with his designation in the attached Excel form who is attending this event. It is mandatory to submit the scan copy of the passport photo.

d.  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.

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

f.  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.

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

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

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

j.   Company profile and Participation fees must reach in 7-days’ time.

a.   No refund in case of any cancellation by the Participating Company
b.  Full Refund will be initiated if the council cancels the event in view of any unforeseen circumstances.

F. MODE OF PAYMENT:- By Bank transfer as per bank details mentioned below :

Since we have limited space, participation will be on a first come (Payment) first served (Allocation) basis.

Members are kindly requested to register their participation via Google form (https://forms.gle/PzYbX2ej6Tr8hQS27). For detailed information, you may please write to jenny@chemexcil.in with a copy to  rd.del@chemexcil.in .

We hope that this event will provide an opportunity for fruitful interaction and attractive business deals for our exporting community.

Thanking you.

Yours faithfully,

Raghuveer Kini
Director General
CHEMEXCIL