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.India.
Tel : +91 22 22021288 / * Fax : +91 22 22026684
email : info@chemexcil.gov.in Web : https://chemexcil.in
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EPC/PROJ/BANGLADESH/VIRTUAL-1/20-21
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Date: 22-09-2020 |
Council is organizing Indian Dyes Virtual Trade Fair Bangladesh, on 17th - 19th October 2020
And Lists of Peruvian importers in various Chemical productsDistributor of Chemical Products in Peru looking for opportunities to source various chemicals from India
And Lists of Peruvian importers in various Chemical products
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To
All Members of the Counci
ALL THE MEMBERS OF THE COUNCIL
Dear Sir/Madam,
Greetings from CHEMEXCIL!
As we know that because of the ongoing pandemic there are restrictions on overseas travel resulting in cancellation of most of the reputed international shows all across the globe. During such challenging times and restrictions, as the world moves to a New Normal scenario, the need of an hour is 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.
Hence as an export promotion measure, it gives us immense pleasure to inform you that Council is organizing its first virtual trade fair cum buyer seller meet Bangladesh on Indian Dyes sector on 17th -19th October, 2020.
Bangladesh as we all know is an important market especially for Dyes & Dye Intermediates sector. In this context export of Dyes & Dye Intermediates to Bangladesh during the period of April to March, 2020 was USD 149.00 million as against 145.69 million of the corresponding period of last year, registering a growth of 2.27%.
Volume in MT & Value in USD Million
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PANEL
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2017-18 (Actual)
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2018-19 (Actual)
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% over previous year
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2019-20
(Provisional)
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% over previous year
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(32) Dyes & (29) Dye Intermediates
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120.70
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145.69
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20.71
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149.00
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2.27
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(32) Dyes
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120.10
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145.35
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21.03
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148.62
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2.25
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(29) Dye Intermediates
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0.60
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0.34
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- 43.13
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0.38
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10.97
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The purpose of virtual event is to promote India's exports of Dyes and Dye Intermediates, to create a positive brand image of Indian products. This is would also result to interact directly with the buyers / importers / traders in Bangladesh to enhance India's exports in this region. Indian companies can tap the emerging opportunities in the areas of Dyes and Dye Intermediates.
FOCUS INDUSTRY:
Textile
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Pigments
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Plastics
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Paints & coating
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Leather
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Carpet
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Ink
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Paper
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THE DETAILS OF THE EVENT ARE AS UNDER:-
Sr. No.
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Particulars
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Details
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1
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Name of the Event
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Indian Dyes Virtual Trade Fair, Bangladesh.
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2
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Date and Day
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17th to 19th October, 2020 (Saturday / Sunday / Monday)
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3
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Exhibitors Profile
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DYES
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DISPERSE DYES
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REACTIVE DYES
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SULFUR DYES
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ACID DYES
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ALKALINE DYES
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DIRECT DYES
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VAT DYES
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OIL-SOLUABILITY DYES
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INK. ETC.
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PIGMENTS
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DYE INTERMEDIATES
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PIGMENT INTERMEDIATES
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4
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Total Indian Exhibitors
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40 to 50 Nos.
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5
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With active support of
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High Commission of India, Bangladesh
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6
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Participation Charges
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Rs. 20,000/- per stall
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7
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Terms of Payment
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NEFT/RTGS PAYMENT In favor of
“CHEMEXCIL SBI A/C. NO. 10996680758”
STATE BANK OF INDIA, MUMBAI MAIN BRANCH
Account No:- 10996680758
IFSC CODE: SBIN0000300
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Above charges include cost of Virtual platform and Standard Exhibitor Virtual booth amenities as below,
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Dedicated Virtual Booth with Company Name on Exhibit Hall Listing and Map.
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Company Profile Page, providing a place for Product Video, Contact info, Company Description, Product Listings, and Downloadable Documents Brochure. (Company details like 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.) The virtual Stall Design format & Entitlements is enclosed for your ready reference.
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Inclusion in Supplier Search - Enables buyers to search for Exhibitors fitting their unique needs.
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Chat button for delegates to engage directly.
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Email button for delegates to contact directly.
WHY VIRTUAL TRADES SHOW & KEY SHOW FACTS:
Virtual events are increasingly being embraced by industries as a cost friendlier and more efficient alternative to physical marketing activities. Virtual trade shows are the online counterparts of physical trade shows, where exhibitors can connect with visitors in a virtual space and showcase their products through a virtual trade show software or platform.
Virtual trade shows provide a rich and engaging platform for real-time marketing and lead generation activities without the hassle that comes with physical events.
Benefits of Registering at the Virtual Exhibition cum Buyer Seller Meet are:-
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Cost-Effective & Efficient
Great saving in travel costs, especially now during the pandemic.
Positive return on investment.
Free from logistical hassles, Exhibitors and Visitors can stay connected, just from their Work desks.
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Virtual Booth and Digital display:
Exhibitors can have customized Virtual Exhibition booths, and Visitors can explore the surroundings, stopping by any booth, and browsing the products of the Exhibitor.
Visitors can also view product video demos, Brochure, Product Poster and do Video meeting (optional), Real-time Chat with booth representatives; flip through brochures, Exchange visiting cards, and quick inquiries just like a real-time exhibition.
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Reach New Target Groups
Digitization of the event means reaching whole new audiences.
Generate more valuable and serious inquiries.
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Online negotiation: A great opportunity for exhibitors to get direct orders from buyers sitting at the comfort of your Home / Office.
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Precise matching: Matching your products with the key buyers to generate your new orders.
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Pre Event Training: Training through a web / online conference. You will learn to manage your booth and display products.
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No Restrictions on Visit to the Show
24x7 hours, any time of the day or night.
Space and Distance are no longer restrictions.
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Go Green
A virtual event contributes to a cleaner ecosystem.
PLEASE NOTE:
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This event is under the approval process of the Ministry of Commerce & Industry Market Access Initiative scheme but final approval is awaited.
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Charges mentioned above are non-subsidized charges. In case the Ministry of Commerce & Industry approves this event under the Market Access Initiative scheme, the charges will be reimbursed to eligible member exporters on a proportionate basis. If the event is not approved the charges will not be reimbursed.
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Council will arrange the demo to interested member companies.
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Only 40 to 50 booths are available, stalls will be allocated strictly on a “First come first served” basis after receipt of full payment.
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Last date of remitting the participation charges will be 10th October, 2020.
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Council shall issue Basic Virtual Meeting Etiquette to all exhibitors in order to make this event more professional and successful.
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Scan copy of NEFT/ RTGS details to be sent to rokolkata@chemexcil.gov.in / proj@chemexcil.gov.in / ed@chemexcil.gov.in stating the name of your company.
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Below are the GST of council and other details for processing payment
# GST NO: 27AAATB3875E1ZT
# SAC: Exempted
# PAN NO: AAATB3875E
CANCELLATION POLICY :
In case of any reason of cancellation from members, participation charges will not be refunded to respective Company/Member.
For booking and further information or clarification, please contact Mr. Soumen Guha (Mob: 9831507356, E.mail: rokolkata@chemexcil.gov.in) and Mr. Prasad Arolkar (Mob: 9773050470, E-mail: prasad.proj@chemexcil.gov.in).
We are sure this event would provide a window of opportunities and a vibrant platform to our exporting community for fruitful interaction and attractive business deals.
It is therefore, utmost important that you kindly send us your confirmation along with payment, to avoid disappointment at the last minute.
Thanking you and awaiting your kind communication.
Yours sincerely,
S.G. Bharadi
Executive Director
Chemexcil
CHEMEXCIL
BASIC CHEMICALS, COSMETICS & DYES EXPORT PROMOTION COUNCIL
(Set-up by Ministry of Commerce & Industry, Government of India)
Encl:- https://chemexcil.in/uploads/files/Dos_Dont,_Rules_Entitlements.pdf
rafulla Walhe
Deputy Director
S G Bharadi
Executive Director
As we all understand, CBIC is committed to delivering superior trade experience by efficient service delivery. In this regard, CBIC seeks your valuable feedback/suggestions to improvise on their services.
Kindly take part in the survey using below links-
Survey link
https://www.icegate.gov.in/icegate-feedback/
Members are requested to take note and may spare their valuable 5 minutes to complete the survey which will help authorities to improve their services, wherever required.
Thanking You,
Yours faithfully,
(S. G. BHARADI)
EXECUTIVE DIRECTOR
CHEMEXCIL
As per updates on www.icegate.gov.in, Central Board of Indirect Taxes and Customs (CBIC) has invited Trade Community to participate in MANTHAN (Survey).
As we all understand, CBIC is committed to delivering superior trade experience by efficient service delivery. In this regard, CBIC seeks your valuable feedback/suggestions to improvise on their services.
Kindly take part in the survey using below links-
Survey link
https://www.icegate.gov.in/icegate-feedback/
Members are requested to take note and may spare their valuable 5 minutes to complete the survey which will help authorities to improve their services, wherever required.
Thanking You,
Yours faithfully,
(S. G. BHARADI)
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
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