FOREIGN TRADE . EXPORTS . IMPORTS

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‘Cumin’ology: Science of exportsSyria’s and Turkey’s losses imply India’s gains in exports of cumin

When business meets artHand-made paintings can yield rich dividends for its importers

Niryat Bandhu SchemeIs the scheme meeting expectations of India’s foreign trade community?

RendezvousAn exclusive conversation with

Narendra Singh Tomar, Union Minister of Steel & Mines, GoI

...and more!

SPECIAL FEATURES

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Vol.3 Issue 03 March 2016

100 $2 RNI: APENG/2014/54643 THE DOLLAR BUSINESS SPEAKS TO 40 REMARKABLE LEADING

LADIES OF INDIA’S FOREIGN TRADE ON THEIR STRUGGLES, SECRETS, SUPPORT SYSTEMS AND SUCCESS STRATEGIES. PRESENTING A FIRST-TIME EXCLUSIVE COVERAGE

HARSIMRAT KAUR BADAL, CABINET MINISTER, FOOD PROCESSING INDUSTRY, GoI I RASHMI VERMA, SECRETARY, MINISTRY OF TEXTILES, GoI I KAVITA GUPTA, TEXTILE COMMISSIONER, GoI I SHOBANA KAMINENI, VICE-CHAIRPERSON, APOLLO HOSPITALS I MONICA OSWAL, DIRECTOR, MONTE CARLO IJAYANTI CHAUHAN, DIRECTOR, BISLERI I ANITA SANGHI, GLOBAL CFO & DIRECTOR, DELL SERVICES I MEHER PUDUMJEE, CHAIRPERSON, THERMAX I MANMEET VOHRA, DIRECTOR–MARKETING, TATA STARBUCKS I RAJNI BECTOR, FOUNDER, MRS. BECTOR’S FOOD I HUZAN MISTRY, CHIEF–BD (CURRENCY & DEBT MKTS.), NSE I CHAYAA NANJAPPA, FOUNDER, NECTOR FRESH I DEVITA SARAF, CEO, VU TECHNOLOGIES, AND MANY MORE...

INTERVIEWS INSIDE:

8 THE DOLLAR BUSINESS II MARCH 2016

Volume: 3 Issue: 03 March 2016

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© Copyright 2014No part of this magazine may be reproduced in whole or in part without an ex-pressed permission of the publisher. The information on this magazine is for information purpose only. Manish K. Pandey, Editor, The Dollar Business, is re-sponsible for the selection of news and content under PRB Act. Vimbri Media Pvt. Ltd. assumes no liability or responsibility for any inaccurate, delayed or incomplete information, or for any actions taken in reliance thereon. The information contained about each individual, event or organisation has been provided by such individual, event organisers or organisation without verification by us. All disputes are subject to exclusive jurisdiction of competent courts and forums in Hyderabad, Telangana.Printed and published by Avnish Goyal for Vimbri Media Pvt. Ltd. Published at 5-2-198/4, Distillery Road, Ranigunj, Secunderabad - 500 003, Telangana.

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COVER STORY 34

The Dollar Business celebrates the achievements of Indian women who are transforming the world of foreign trade. For them the sky is no limit, it’s just a direction. Read through the stories.

Women’s

SpecialIssue

MARCH 2016 II THE DOLLAR BUSINESS 9

NARENDRA SINGH TOMARUNION MINISTER OF STEEL & MINES, GOVT. OF INDIATDB caught up with the Minister to figure out how he plans to bring the beleaguered sector back on track.

MONOLOGUE PEOPLE SPEAKFrom Narendra Modi’s vision for the economy to Hassan Rouhani’s path towards economic revival

GLOBAL TRADE China’s connection to Iran, US leaving a sour taste in Morocco’s mouth, and more...

INDIA TRADE Rupee depreciation, exporting metro coaches to Australia, Saudi lifting ban on chilly & much more

SPOTLIGHTMEXICOA snapshot of Mexico’s international trade activities

OVERSEAS TALKMELBA PRÍA, MEXICO’S AM-BASSADOR TO INDIATalks about why trade comes naturally to Mexico and sug-gests ways to further boost the Indo-Mexican bilateral trade.

IMPORT’ONOMICSPAINTINGSThey don’t just add feeling of grandeur to a room, but also fill up pockets of their importers

SECRET INGREDIENTCUMINWith India as its biggest exporter, this spice promises healthy profits!

DOCKYARDKANNUR AIRPORTKerala is getting its 4th international airport. But does it really need one?

POLICY FOCUSNIRYAT BANDHUThis hand-holding scheme for new and potential exporters still has a long way to go

TDB FORUMQuestions about foreign trade that hit our mail box in February and, of course, their answers

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34 THE DOLLAR BUSINESS II MARCH 2016

COVER STORY POWER WOMEN

Over the years women have increasingly grabbed headlines for their roles in business, politics and society. And India's foreign trade is no exception – a number of women are making significant contributions to this vital sector. While some are renowned names in business and policymaking, others we believe will soon be equally well-known. The Dollar Business celebrates the success of these iconic women. For them the sky is no limit, it’s just a direction!

MARCH 2016 II THE DOLLAR BUSINESS 35

That women are important economic actors has long been settled. In India and across the globe, the liberalisation of trade has had a significant effect on the number of women in the workforce across manufacturing and services sectors. As participation of wom-

en in the workforce increased, so did their presence in decision-making roles. Today we have Christine Lagarde heading the IMF, Janet Yellen at the helm of the Federal Reserve, and Angela Merkel spearheading Europe's eco-nomic revival. And there is many-a-study to show that businesses that have women at the helm perform better, financially and otherwise.

Naturally India, a country that from its inception has had strong women influence in politics, society and the economy also has exceptional women leaders in foreign trade; from services to pharmaceuticals and textiles to en-gineering products, we have seen a significant number of women rise to the top and make valuable contributions. And this is not confined to business, women are present in large numbers as the heads of ministries and spearhead-ing policymaking bodies that play a large role in easing the way for foreign trade in India.

In an increasingly gloomy global economy, when the world is looking at India to give a fillip to global trade, there is possibly no better a time to applaud a handful of extraordinary women entrepreneurs and visionaries in In-dia's foreign trade arena. The Dollar Business over the past quarter, met with and gained insights from women lead-ers from across sectors. Some lead industry behemoths, some are at the top of their chosen area of business, and some lead from the front as law and policymakers in their quest to help unfold the potential of Indian foreign trade.

And without an exception these are women of courage, resilience and astute business sense, each with a strong head on her shoulder, who is acutely aware of her responsibility to business and society.

They are all shining stars of Indi-an foreign trade. Flip through and watch their stories unfold...

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