Circulars

CHEMEXCIL’S “BUYER SELLER MEET” in JOHANNESBURG, SOUTH AFRICA & DAR-ES-SALLAM, TANZANIA UNDER MAI SCHEME OF DEPARTMENT OF COMMERCE & INDUSTRY, In JANUARY-2025
 

 

  


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
Twitter : @chemexcil
E-mail: info@chemexcil.in
Website: http://www.chemexcil.in


EPC/PROJ/ST-536/BSM/AFRICA /2024-25/KR-537                                                                               30th October 2024

To,
ALL MEMBERS OF THE COUNCIL

 

CHEMEXCIL’S “BUYER SELLER MEET”
in JOHANNESBURG, SOUTH AFRICA & DAR-ES-SALLAM, TANZANIA
UNDER MAI SCHEME OF DEPARTMENT OF COMMERCE & INDUSTRY, 
In JANUARY-2025

 

Dear Members,

Greetings from CHEMEXCIL!

We are glad to inform you that Chemexcil is organizing a Buyer Seller Meet (BSMs) in Johannesburg, South Africa, & Dar es Salaam, Tanzania under the MAI scheme of the Dept. of Commerce and Industry, Govt. of India.

The Ministry of Commerce & Industry has already approved this event under Market Access Initiative for 20-Indian Companies.

These buyer-seller meets will be supported by respective Indian Embassies, Missions in these Countries.

During this event, Indian Chemical exporters can interact and strengthen their relationships with the buyers in South Africa & Tanzania.

The Panel Wise Exports of items coming under the purview of the council to South Africa & Tanzania for the year 2023-24 in USD Million are as under:

 

CHEMEXCIL's  3YRS Export + April-Sept 2024 over P.Y to SOUTH AFRICA

Value in USD Million

PANEL

2021-22

2022-23

%  Growth

2023-24

%  Growth

April To Sept., 2023

April To Sept., 2024

%  Growth

(32) Dyes & (29) Dye Intermediates

33.51

25.17

-24.87

27.94

11.00

14.19

13.75

-3.05

(32) Dyes

31.65

24.96

-21.14

27.36

9.64

13.68

13.67

-0.11

(29) Dye Intermediates

1.85

0.21

-88.46

0.58

170.36

0.50

0.08

-83.14

(28) Inorganic, (29) Organic & (38)  Agro chemicals

128.54

161.42

25.58

134.69

-16.56

72.23

78.87

9.20

(28) Inorganic Chemicals

59.47

95.86

61.17

72.87

-23.98

36.70

43.95

19.76

(29) Organic Chemicals

22.59

26.51

17.33

30.17

13.80

13.62

12.58

-7.63

(38) Agro Chemicals

46.47

39.06

-15.96

31.66

-18.95

21.90

22.34

1.97

(33) Cosmetics,  (34) Soaps, Toiletries and (33) Essential oils

55.96

50.63

-9.52

57.83

14.23

30.23

28.35

-6.22

(33) Cosmetics, (34) Toiletries

47.12

40.99

-13.01

45.97

12.13

23.90

22.24

-6.94

(33) Essential oils

8.83

9.64

9.09

11.87

23.18

6.33

6.11

-3.51

(15) Castor Oil

5.35

5.30

-0.97

5.36

1.16

2.34

2.97

26.62

TOTAL

223.36

242.52

8.58

225.83

-6.88

118.99

123.94

4.16

Source: DGCI&S

CHEMEXCIL's  3YRS Export + April-Sept 2024 over P.Y to TANZANIA REP

 

PANEL

2021-22

2022-23

%  Growth

2023-24

%  Growth

April To September, 2023

 April To September, 2024

%  Growth

(32) Dyes & (29) Dye Intermediates

9.26

8.12

-12.34

7.58

-6.66

4.15

4.23

1.82

(32) Dyes

9.15

7.87

-13.99

7.02

-10.79

3.85

3.68

-4.55

(29) Dye Intermediates

0.11

0.25

123.83

0.56

124.90

0.30

0.55

83.71

(28) Inorganic, (29) Organic & (38)  Agro chemicals

58.52

60.80

3.88

78.61

29.30

36.10

35.48

-1.73

(28) Inorganic Chemicals

18.23

23.10

26.74

33.10

43.25

14.66

16.62

13.36

(29) Organic Chemicals

11.07

9.68

-12.60

12.53

29.45

6.15

4.90

-20.35

(38) Agro Chemicals

29.22

28.02

-4.13

32.99

17.75

15.30

13.96

-8.70

(33) Cosmetics,  (34) Soaps, Toiletries and (33) Essential oils

17.36

16.99

-2.14

20.53

20.83

10.96

10.57

-3.50

(33) Cosmetics, (34) Toiletries

16.72

16.07

-3.85

19.21

19.49

10.30

10.07

-2.32

(33) Essential oils

0.65

0.92

42.11

1.32

44.18

0.65

0.51

-22.19

(15) Castor Oil

0.11

0.19

76.79

0.14

-30.22

0.09

0.01

-86.30

TOTAL

85.26

86.10

0.99

106.85

24.10

51.30

50.29

-1.96

Source: DGCI&S

 

 

 

THE PROPOSED BUYER SELLER MEETING SCHEDULE AND CHARGES ARE AS UNDER:
           


Sr. No.

Name of the Event

Date of BSM

Name of Country

Participation Charges for BSM

1

Buyer Seller Meet

13TH January 2025

Johannesburg, South Africa

Rs. 1,80,000/- for both the BSM

2

Buyer Seller Meet

16th January, 2025

Dar-es-Salaam, Tanzania

 

VenueThe venue for BSM will be communicated as soon as it is finalized.

Note:
1.      It is mandatory to participate in Both (Two) Buyer Seller Meets in order to avail MAI benefit.
2.      Dates of the event are currently under discussion with the Indian Missions.
3.      Participation charges mentioned are subsidized rates & are non-refundable.
4.      Translator Services (if required): This service will be provided on a chargeable basis.

 

PARTICIPATION GUIDELINES:

MAI Grant

      • The Event is approved under the Market Access Initiative (MAI) scheme of the Ministry of Commerce & Industry, Govt. of India for the year 2024-2025.

      • MAI grant in terms of Airfare will be available only to eligible 20 no. of exhibitors on a first come (Payment) first served (Allocation) basis.

      • The BSM charges mentioned are subsidized hence no reimbursement will be done to participants. 

      • Members have to pay the membership fee up to the current year (i.e. 2024-25); otherwise, they are not eligible for participation under the MAI scheme.

AIR FARE

      • Reimbursement of airfare (is only eligible for economy class & book the tickets at the lowest available rates) to exporting companies (participating Companies) with an f.o.b. value of exports below Rs. 50 crore in the preceding financial year.

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

      • Companies that have participated THRICE in this event will not be eligible for subsidized rates for BSM/reimbursement of airfare.

      • Companies who participated in three events through CHEMEXCIL in the same financial year (2024-2025) under the MAI scheme will not be eligible for MAI grant.

      • Members should have completed 12 months of Membership of the council

      • Regularly filing Export returns with the council

      • Airfare will be permissible only to the Regular Director / Partner/Proprietor or a regular officer of the company in a senior managerial position.

      • Air fare Claim forms duly filled in and complete in all respects must be submitted to the council within 45 days, If not submitted, airfare will not be reimbursed to those Member companies. (attached - List of required documents for airfare reimbursement)

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

 GENERAL

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

      • Once the event is over participants must submit the outcome report on site or within 5 days. Format will be provided by Chemexcil on-site or by email.

      • Chemexcil will issue a visa recommendation letter as soon as you complete and submit the payment details.

      • Company should send the scan copy of the passport photograph of the person along with his designation who is attending this event. It is mandatory to submit a scanned copy of the passport photo.

      • In case of a shortage of participation no. of participants, the council will not organize the BSM. Hence, before booking air tickets and hotel accommodation consult the council.

CANCELLATION OF PARTICIPATION

 No refund in case of following conditions:

      • Any cancellation from Participating Indian company

      • If payment is processed to respective vendors by council

      • Full Refund will be initiated if the council withdraws to organize BSM due to any unforeseen circumstances.

Member companies interested to participate in the event are requested to send their full payment confirmation along with the mandatory forms and company profiles in the requested format (enclosed) on jenny@chemexcil.in & shobha@chemexcil.in latest by 15TH November, 2024.

MODE OF PAYMENT: - TO BE PROCESSED VIA BANK TRANSFER AS PER DETAILS 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

Please note that confirmation of your participation is based on receipt of your payment only. In case of any further clarifications/assistance required, you may write back to jenny@chemexcil.in / shobha@chemexcil.in  or contact Ms. Jennifer Lawrence, Sr. Executive Officer at +91- 7738364255 & 9969016108/ Ms. Sanjukta Taral (Shobha), Sr. Assistant at 9969010118 & 7977955409

Looking forward to your earliest confirmation on the subject.

Thanks, and regards,

Raghuveer Kini
Director General

CHEMEXCIL

Enclosed