Published On : Wed, Jul 22nd, 2015

Local entrepreneurs should look beyond Nagpur : Chandru

DSC_0524Nagpur:  Chandru Iyer, International Business Director, Kingston Smith LLP, called upon the local entrepreneurs to look beyond Nagpur, while addressing a large gathering at VIA Hall .

He was delivering a talk on “Internationalization of business – A buzz word for Indian Entrepreneurs” , in a programme organized jointly by VIA- Economic & Finance Forum and the Exim Forum.

Elaborating on the subject, Iyer traced the days when centuries ago India was a global trading partner, carrying out business around the world. The East – west business was then routed through India.

Iyer said that India is a domestic intensive market where international business does not get top priority. However, in age of economic liberalization liberal import policy may be a threat to domestic industries, it is essential to go international. Few important global players like Haldirams, Vicco, Baidyanath are from Nagpur , he said. Further, there is great scope for Indian Foods in UK as there is large population of Asians in UK, he added.

On the issue of Remote business – is it viable? He said Plethora of help available, High commissions, trade bodies first point of contact, Loads of information / resources available
Make connections / Trade delegations, Finpro, Austrade, UKTI experience, CII, FICCI, NASSCOM, Local trade bodies etc.

Why London? UK offer The 3 C’s, The “Being at home” feel. Wembley, Southall, East Ham
Maharashtra Mandal are open to Indian businesses and Mayor of London, is a keen India supporter. He concluded that UK Government through its various agencies also promote investments in UK in various fields of IT, Chemicals, Food processing etc.

Earlier. Iyer was accorded a floral welcome by Rohit Agrwal, Hon Secretary. Hemant Lodha Programme Coordinator introduced the speaker, O.S Bagdia Chairman Economic and Finance Forum proposed a vote of thanks while Gaurav Sarda Chairman EXIM Forum conducted the proceedings.