The Business Tycoons(Dec-2019) - Madhukar Parekh - Chairman of Pidilite

The business tycoons is big shot who own a few large businesses and is active in their founding or organization in some way. To clarify, if you succeed to ownership of some large businesses and involuntarily own them, you would not be a business tycoon. The business tycoons is serving as the best display place for the philosophies from business leaders, all-embracing Reporting of foremost companies and industry insights with unrivaled design and quality contented. Someone who is successful in business and industry and has a lot of money and power high-powered business tycoon.

1. DECEMBER 2019
THE BUSINESS
TYCOONS
GLOBAL INDIA BUSINESS FORUM PRESENTS
ACTIONS DELIVER RESULTS
Madhukar ParekhMadhukar Parekh
"Everyone has the KEY, its just a matter of using it right”
EGYPT
BUSINESS OPPORTUNITIES IN
SECTOR REVIEWSECTOR REVIEW
GIBF
Chairman of Pidilite IndustriesChairman of Pidilite Industries
PLASTICPLASTIC
RUBBERRUBBER
AZERBAIJAN

2. December 2019
No part of this publication may be reproduced by any means
without prior permission from Editor.
GIBF Magazine is not responsible for statements made or for
opinions expressed in the articles published in this volume and
Publisher accepts no responsibility for accuracy of information,
errors or omissions and rejects any claims arising out of any actions
which the company or individual make on the basis of information
contained herein.
All rights reserved. Title is protected through a Copyright registered
with India Patent & India Copyright Act 1957.
GIBF Associates Private Limited. Copyright © 2019
Contact Information
For Subscriptions: visit www.gibf.biz, email: [email protected] or call
GIBF Associates Private Limited at [phone] / +91 85302
16006.
For Advertising: email: [email protected] or call GIBF Associates
Private Limited at [phone].
For Article Reprints or Permission to use GIBF Associates Private
Limited content including text, photos, illustrations and logos:
email: [email protected] or call GIBF Associates Private Limited at +91
85302 46006. Use of GIBF Associates Private Limited content
without the express written permission of GIBF Associates Private
Limited or copyright owner is expressly prohibited.
Editor - Ms. Aishwarya Joshi
Publisher - GIBF Associates Private Limited, India.
GIBF’S
STRENGTH
GIBF’S
STRENGTH
40
Tie-ups with different Embassies / Consul Generals
About GIBF
International Business Associations
Agreements And MOU’S
Madhukar Balvantray Parekh - Chairman of Pidilite Industries
Top Mergers & Acquisitions
Sector Review - Plastic
Zhou Qunfei
Azerbaijan - In-focus
Economic Bilateral Agreements & MOU’s
Sector Review - Rubber
Egypt- In-focus
Upcoming GIBF Events
Why Join GIBF 4
7
8
9
14
21
24
29
33
40
45
23
5
76
CountriesCountries
MembersMembers
Members fromMembers from
62,000+
250
5,000+
Business AffiliationsBusiness Affiliations
Corporate MembersCorporate Members
Magazine
ACTION DELIVER RESULTS
THE BUSINESS TYCOONS
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

3. President’s Message
We strongly believe in diplomatic clearance as a path to
successful convergence in manifold ways. Now, we have to see
what lies before us in the form of business connectivity
worldwide. GIBF can be such a bridge for your connectivity with
other business icons, tycoons and leaders across the globe.
The mission of GIBF is to help members increase their business
through a structured, positive and professional referral
marketing program that enables them to develop long-term,
meaningful relationships with quality business professionals.
In addition to that, a GIBF Awards (divided into 3 categories:
State, National & International) is an important and glorious
achievement in a GIBF Members' Career. These awards
celebrate the ingenuity and innovativeness of our members'
business vision, mission, and values. These awards speak
volumes as they are recognized worldwide.
The selection panel for the GIBF Award Ceremonies is of highly
esteemed members of the business community. The panelists
are passionate about selecting the best of the best winners in
each category.
By joining GIBF, you'll increase your exposure to like-minded
professionals, gain referrals from a global network and sharpen
your business networking with exclusive resources. We are
always open to adding new members to the GIBF family and
hope for you to even join us and welcome you onboard onto this
exciting journey of business networking.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

4. About GIBF
India is a fast growing country and an emerging Super Power. With Indian
Government's drive for “Make in India" and “Skill Development”, there are ample
opportunities for both Indian and Global companies to run start-ups and make
exponential growth in all business sectors.
-
-
To provide a common platform
for businesses and entrepreneurs
to share their ideas & experiences for
entrepreneurial development.
-
VISION MISSION VALUES
In such a dynamic and vibrant business scenario, to promote synergy, a need for the formation of a common platform was felt.
The idea was perceived and progressed further by Dr. Jitendra Joshi, a successful businessman and visionary who has over a
25+ glorious years of experience, in Manufacturing and Service Industries at Senior Level Management in numerous MNCs.
To fulfil this need and to bring together business professionals from various segments like Automobile, Engineering, FMCG,
Chemical, Pharmaceuticals, Electronics, Heavy Metal, Service Industry etc, Global India Business Forum (GIBF) was created.
GIBF will consist of members from all fields of business, industry, academics and other professions without any segment
boundaries. GIBF has its head office in Delhi, Corporate Office in Pune, India and Global offices in Dubai, USA, UK, Singapore and
China. It also has presence in Mumbai, Chennai, Ahmedabad, Kolkata & in all other metro-cities of India.
Creating and building a World
Business Community for the
prosperity of businesses
globaly.
We value holistic growth, humanistic
diversity and are committed to
professionalism, excellence,
community involvement,
accountability and timely progress
with ethical values.

5. INTERNATIONAL BUSINESS ASSOCIATIONS
NIGER
Embassy Of The Republic Of Niger Ambassador Mr. H.E. Leko accepted
the Honorary Membership of Global India Business forum. In the Presence
of Global President Dr. Jitendra Joshi and Global Coordinator Ms. Deepali
Gadkari.
GUINEA
LESOTHO
Embassy Of The Republic of Guinea Ambassador Mrs.Fatoumata Balde
accepted the Honorary Membership of Global India Business forum. In
the Presence Of Global President Dr. Jitendra Joshi and Global Coordinator
Ms. Deepali Gadkari.
High Commission Of The Kingdom Of Lesotho Counsellor Mr. Mophethe
Sekamane accepted the Honorary Membership of Global India Business
forum. The Presence of Global President Dr.Jitendra Joshi and Global
Coordinator Ms. Deepali Gadkari.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

7. ECONOMIC BILATERAL AGREEMENTS AND MOU's
The International Institute of Knowledge Management (TIIKM) is an entity that facilitates the
purpose of knowledge transfer by constructing the career of the research fraternity,
empowering decision- making in the corporate sector and promoting on quality decisions for
policy-makers through academic Conferences. A vision of transforming the Asian research
culture to betterment is made possible in TIIKM Conferences by setting novel standards for
better people engagement, promoting international exchange through research and bridging
study to industry. Researches serve as the fundamental component for the development of
ideas and concepts leading towards the emergence of innovations that result in a deviation
from what was traditionally executed and practiced. TIIKM creates that platform to address
the need of researchers to showcase their work to the outside world and contribute towards
constructing a meaningful future.
The International Institute of Knowledge Management (TIIKM)
TIIKM
The All India Plastics Manufacturers' Association (AIPMA) was founded by Industry visionaries
73 years ago making it one of the oldest & largest Apex bodies of the Plastic Industry in India.
Through the years AIPMA has expanded and progressed by leaps and bounds in all fields of
Plastics. Today our Head Offices are located in prime locations such as Mumbai, Delhi,
Chennai, and Kolkata. The Baton of Association was lead and passed on by the Past . Turakia,
Shri. Vadilal Shah, Shri Shadilal Jain, Shri Dilip Piramal, and Presidents and Industry Doyens
such as Shri I.V. Ruia, Shri. D.B. Garware, Shri. Chandrakant B. Garware, Shri. Ambalal
Khilachand, Shri. R.V Shri M. P. Taparia, to name a few.
The All India Plastics Manufactures' Association
THE ALL INDIA PLASTICS MANUFACTURES' ASSOCIATION
"BRANDSUN Promotion, equipped with the expertise in organizing various activities like
Events, Media Relation, Public Relation, Product Launch, Fashion Shows, Product Branding,
Product Promotion, Online Promotion, Conference, Official Get Together, Film Production,
Social or Cultural shows and Exhibition Stall Designing/ Fabrication. We are confident enough
to provide you satisfaction at optimum level beyond your expectations and imagination. We
are equipped with professionals with knowledge, experience, creativity, thoroughness and
professionalism to render the services and satisfaction of the client. BRANDSUN Promotion is
located in the Capital of India – New Delhi. BRANDSUN Promotion believes in efficient &
prompt services. If you are looking for dedicated & professionally managed services, we can
give exactly the same. Starting from Public Relation, Media Relation, Stage presentation,
Lights, Sound (with modern Audio / Video equipment's), to the stall Designing and Lay - Out in
exhibitions and fairs, we have the resources and experts to cater to all your needs in all the
fields. We have gathered our experience in these fields over the years and yet serving our
customers to their satisfaction.
BRANDSUN PROMOTION
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

8. MADHUKAR BALVANTRAY PAREKH
AWARDS & RECOGNITIONS
SUCCESS STORIES
Chairman of Pidilite Industries
Madhukar Balvantray Parekh is an Indian entrepreneur, Chairman of Pidilite Industries, a
global company among the leaders in adhesives and sealants, construction chemicals,
hobby colors. Madhukar is 16th richest Indian with a net worth of US$7.5 billion as of
2019. Madhukar serves as the chairman and managing director of Vinyl Chemicals India
Limited, an Independent non executive director of Excel Industries Limited . Madhukar
also serves as an Executive Director of Pidilite Industries and Vinyl Chemicals India Ltd.
Madhukar is married, has two children and lives in Mumbai India. Madhukar Parekh
chairs Pidilite Industries, the country's leading maker of adhesives and sealants. Parekh
and his family own 70% of the company, which was founded by his late father Balvant
Parekh in 1959.Pidilite is best known for Fevicol, its iconic white glue popularized over
the decades by clever advertising. More than half of the company's $858 million in
revenue comes from adhesives and sealants.
Madhukar was born in the family of Banvantray Kalyanji Parekh in Jain Bania Family in
Mumbai India. Madhukar completed Bachelor of Science in Engineering from the
University Department of Chemical Technology of University of Mumbai and Masters in
Chemical engineering from University of Wisconsin United States in 1969. Madhukar
joined Abbot Laboratories USA after his masters degree. Madhukar Joined his father's
business Pidilite Industries in 1971.
Pidilite Industries Limited is a India-based adhesives manufacturing company. it also
sells art material, construction chemicals and other industrial chemicals.
Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, Dr. Fixit,
Roff, Cyclo, Ranipal, Hobby Ideas, M-seal and Acron.
Pidilite's corporate office is located in Andheri (East), Mumbai. The company has
manufacturing facilities in India, including Mahad, (Maharashtra); Vapi, (Gujarat); Baddi
and Kala Amb, both in (Himachal Pradesh). FeviKwik is a popular cyanoacrylate based
instant adhesive in the Indian Subcontinent.
EARLY LIFE
PIDILITE INDUSTRIES
INDIAN ENTREPRENEUR
Born 1946
Mumbai, India
Residence - Mumbai, India
Nationality - Indian
Occupation - Chairman Pidilite Industries
Net worth - US$7.5 billion[1]
Parent(s)
Balvant Parekh (father)
Other names - M. B. Parekh
Education B.Sc. Institute of Chemical
Technology, M.Sc. University of
Wisconsin
Ranked 13 on Business Today Top 25
Business leaders in India 2012
Chemtech Business leader of the Year 2013
Ranked 34 on Forbes India Richest list 2014
EY Entrepreneur of the year - Consumer
products 2014

9. TOP MERGERS & ACQUISITIONS
AXIS BANK EVALUATING THE ACQUISITION
ROUTE TO SCALE UP MICROFINANCE BUSINESS
Axis Bank managing director and chief executive Amitabh
Chaudhry said the bank has studied the market but has not
found a perfect match yet.
IndusInd Bank's acquisition of Bharat Financial Inclusion
has helped it expand its rural outreach and grow the micro-
loan business. This was preceded by Kotak Mahindra’s
acquisition of BSS Microfinance, and IDFC Bank’s
Grama Vidiyal Microfinance deal in 2016 to
mention a few.
In terms of overall business expansion,
Axis is in the process of opening more
branches this fiscal. It has opened
250 in the first six months and
is on course of opening
another 300 by March
to raise the tally
from 4,284.
"The government stands behind the PMC Bank depositors. I have
spoken with the MSC Bank director and asked him to consider a
merger of the two banks to provide relief to the depositors," Patil
told mediapersons here this afternoon.
He assured that the state's apex cooperative banking entity, the
MSC Bank's financial health is sound and the merger could
definitely help the beleaguered PMC Bank's aggrieved depositors.
Patil added that if required, the Maha Vikas Aghadi will make a
recommendation on this possible merger to the Reserve Bank Of
India (RBI) and if approved, it could take around a couple of months
to complete the entire process.
MAHARASHTRA GOVERNMENT WANTS
PMC BANK TO MERGE WITH MSC BANK

10. Arcelor Mittal, the world’s biggest steelmaker, on Monday said that it has completed the acquisition of Essar Steel India
Limited (ESIL), which at Rs 42,000 crore is the largest stressed-asset deal to be closed in the country.
“The acquisition of Essar Steel is an important strategic step for ArcelorMittal,” Lakshmi Mittal, Chairman and CEO of
ArcelorMittal, said. “India has long been identified as an attractive market for our company and we have been looking at
suitable opportunities to build a meaningful production presence in the country for over a decade."
ARCELOR MITTAL, NIPPON STEEL COMPLETE ACQUISITION OF ESSAR STEEL
NEW DELHI: Delhi Lieutenant Governor Anil Baijal on Saturday
said he has issued directions to withdraw the land acquisition
proceedings within delineated boundaries of 1,731
unauthorised colonies.
Taking to Twitter, Baijal said it was a major step for conferring
ownership rights to the residents of these colonies, adding
that the move would pave the way for smooth
implementation of PM-UDAY (PM Unauthorized
Colonies in Delhi Awas Adhikar Yojana).
"Directions issued to withdraw the land
acquisition proceedings (de-notification of
the land) in respect of the land situated
within the delineated boundaries of
1731 Unauthorized Colonies
(Ucs). #PM-UDAY," the LG
tweeted.
DELHI LG WITHDRAWS LAND ACQUISITION
PROCEEDINGS OF UNAUTHORISED COLONIES
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

11. Competition Commission of India (CCI) in a tweet on Tuesday said it
"approves acquisition by Nippon Express (South Asia & Oceania) Pte
Ltd of approximately 22 per cent of the total issued and paid up share
capital of the Future Supply Chain Solutions Limited".
Further, Nippon Express had informed that it had entered into a share
purchase agreement with institutional shareholder(s) of FSC to
acquire 58,63,475 shares representing 14.6 per cent of existing share
capital, it added.
FUTURE SUPPLY SHARES RISE AS CCI APPROVES
22% STAKE ACQUISITION BY NIPPON EXPRESS
The maker of Johnnie Walker and McDowellNSE 0.00 %
whiskey said in a company statement that the amalgamation
scheme has been approved at its board meeting.
The scheme now awaits requisite approvals from statutory
authorities including Securities Exchange, BSE Limited and
National Stock Exchange, respective shareholders and
creditors of both the companies.
“The proposed merger is part of our strategy to
consolidate the India business and further
simplify the operating structure which would
result in enabling business synergies and
efficiencies,” said Sanjeev Churiwala,
Executive Director and CFO,
Diageo India. He added that
this decision will
maximize shareholder
value for both the
companies.
UNITED SPIRITS PROPOSES MERGER WITH ITS
SUBSIDIARY PIONEER DISTILLERIES LIMITED
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

12. e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS
The government has notified amalgamation of regional rural public sector banks — Baroda Uttar Pradesh Grameen
Bank, Kashi Gomti Samyut Gramin Bank and Purvanchal Bank — into a single regional rural bank, Baroda UP Bank.
Its headquarters will be in Gorakhpur under sponsorship of Bank of Baroda NSE 1.49 %, as per the notification.
Bank of Baroda is sponsor of Baroda Uttar Pradesh Grameen Bank, Union Bank of India is sponsor of Kashi Gomti Samyut
Gramin Bank while State Bank of India is sponsor of Purvanchal Bank.
MERGER OF THREE RRBS TO FORM BARODA UP BANK
After coming up with a thorough asset sale plan, the Centre is
working to quicken the merger of three state-owned general
insurance firms -- National Insurance, United India and Oriental
Insurance – to make it a large single non-life insurer.
The financial results of PSU insurers have not been encouraging
either. The United India Insurance posted a net loss of Rs 300
crore in the first quarter of 2019-20. Oriental Insurance
posted a net loss of above Rs 142 crore.
3 PSU INSURANCE COMPANIES
MERGER TO BE COMPLETED BY DEC

13. ArcelorMittal, on November 4, said it was pulling out of the purchase
of Italy's struggling steel firm Ilva after parliament scrapped a legal
protection deemed necessary to undertake crucial environmental
work without criminal liability.
The Taranto site is at the centre of a huge legal case in which experts
cited by prosecutors have said some 7,500 people were killed in the
area over seven years by diseases linked to toxic emissions.
The decision by ArcelorMittal sparked outrage across Italy, with trade
unions variously blaming the steel giant and the ruling anti-
establishment Five Star Movement (M5S), which is a foe of big
industry, for pulling the rug out from under the deal which would have
safeguarded thousands of jobs.
ARCELORMITTAL SAYS IT IS CALLING
OFF ACQUISITION OF ITALY'S ILVA
Tata PowerNSE 0.82 % on Friday said its joint venture
Industrial Energy Ltd has signed pacts with Tata
SteelNSE 4.60 % to acquire a captive gas-based power
plant and a diesel project in Kalinganagar, Odisha for
around Rs 920 crore.
According to the statement, while the 120 MW plant
is under construction and will be operational by
2021-22, the 40MW DGS is already
operational. The combined value of the
transactions is about Rs 920 crore,
subject to minor adjustments on
closing and applicable taxes
and duties.
TATA POWER JV TO ACQUIRE 2 POWER
PLANTS FOR RS 920 CR FROM TATA STEEL
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

14. SECTOR REVIEW - PLASTIC
The plastic handle of a spatula that has been deformed by heat.
One important classification of plastics is by the permanence or
impermanence of their form, or whether they are: thermoplastics or
thermosetting polymers. Thermoplastics are the plastics that, when
heated, do not undergo chemical change in their composition and so
can be molded again and again. Examples include: polyethylene (PE),
polypropylene (PP), polystyrene (PS) and polyvinyl chloride (PVC).
Common thermoplastics range from 20,000 to 500,000 amu, while
thermosets are assumed to have infinite molecular weight.
Biodegradable plastics are plastics that degrade, or break down,
upon exposure to: sunlight or ultra-violet radiation, water or
dampness, bacteria, enzymes or wind abrasion. In some instances,
rodent, pest, or insect attack can also be considered as forms of
biodegradation or environmental degradation.
Some modes of degradation require that the plastic be exposed at
the surface (aerobic), whereas other modes will only be effective if
certain conditions exist in landfill or composting systems
(anaerobic).
Intrinsically Conducting Polymers (ICP) are organic polymers that
conduct electricity. While plastics can be made electrically
conductive, with a conductivity of up to 80 kS/cm in stretch-
oriented oxyacetylene they are still no match for most metals like
copper which have a conductivity of several hundred kS/cm.
Nevertheless, this is a developing field.
Many plastics are completely amorphous, such as: all thermosets;
polystyrene and its copolymers; and polymethyl methacrylate.
However, some plastics are partially crystalline and partially
amorphous in molecular structure, giving them both a melting point,
the temperature at which the attractive intermolecular forces are
overcome, and also one or more glass transitions, the temperatures
above which the extent of localized molecular flexibility is
substantially increased. These so-called semi-crystalline plastics
include: polyethylene, polypropylene, polyvinyl chloride, polyamides
(nylons), polyesters and some polyurethanes.
THERMOPLASTICS AND THERMOSETTING POLYMERS BIODEGRADABLE PLASTICS AND BIO PLASTICS
CONDUCTIVE POLYMERS
AMORPHOUS PLASTICS AND CRYSTALLINE PLASTICS
PROPERTIES AND CLASSIFICATIONS


Plastic is material consisting of any of a wide range
of synthetic or semi-synthetic organic compounds
that are pliable and so can be molded into solid
objects.
Plasticity is the general property of all materials
which can deform permanently without breaking
but, in the class of moldable polymers, this occurs to
such a degree that their actual name derives from
this specific ability.
Plastics are typically organic polymers of high
molecular mass and often contain other substances.
They are usually synthetic, most commonly derived
from petrochemicals, however, an array of variants
are made from renewable materials such as
polylactic acid from corn or cellulosics from cotton
linters
The world's first fully synthetic plastic was bakelite, invented in New York in 1907, by Leo Baekeland[3] who coined the term 'plastics'. Many
chemists have contributed to the materials science of plastics, including Nobel laureate Hermann Staudinger who has been called "the father of
polymer chemistry" and Herman Mark, known as "the father of polymer physics".
The success and dominance of plastics starting in the early 20th century led to environmental concerns regarding its slow decomposition rate
after being discarded as trash due to its composition of large molecules. Toward the end of the century, one approach to this problem was met
with wide efforts toward recycling.
Plastics are usually classified by: the chemical structure of the
polymer's backbone and side chains; some important groups in these
classifications are: the acrylics, polyesters, silicones, polyurethanes,
and halogenated plastics.
Plastics can also be classified by: the chemical process used in their
synthesis, such as: condensation, polyaddition, and cross-linking.

15. ENVIRONMENTAL EFFECTS
Production of plastics from crude oil requires 62 to 108 MJ/Kg
(taking into account the average efficiency of US utility stations of
35%). Producing silicon and semiconductors for modern
electronic equipment is even more energy consuming: 230 to
235 MJ/Kg of silicon, and about 3,000 MJ/Kg of semiconductors.
This is much higher than the energy needed to produce many
other materials, e.g. iron (from iron ore) requires 20-25 MJ/Kg of
energy, glass (from sand, etc.) 18–35 MJ/Kg, steel (from iron)
20–50 MJ/Kg, paper (from timber) 25–50 MJ/Kg.
Most plastics are durable and degrade very slowly, as their
chemical structure renders them resistant to many natural
processes of degradation. There are differing estimates of how
much plastic waste has been produced in the last century. By one
estimate, one billion tons of plastic waste have been discarded
since the 1950s.
In 2019, the Centre for International Environmental Law
published a new report on the impact of plastic on climate
change. According to the report plastic will contribute
Greenhouse gases in the equivalent of 850 million tons of Carbon
dioxide (CO2) to the atmosphere in 2019. In current trend, annual
emissions will grow to 1.34 billion tons by 2030. By 2050 plastic
could emit 56 billion tons of Greenhouse gas emissions, as much
as 14 per cent of the earth's remaining carbon budget
The effect of plastics on global warming is mixed. Plastics are
generally made from petroleum. If the plastic is incinerated, it
increases carbon emissions; if it is placed in a landfill, it becomes
a carbon sink[although biodegradable plastics have caused
methane emissions. Due to the lightness of plastic versus glass
or metal, plastic may reduce energy consumption. For example,
packaging beverages in PET plastic rather than glass or metal is
estimated to save 52% in transportation energy.
Controlled high-temperature incineration, above 850 °C for two
seconds performed with selective additional heating, breaks
down toxic dioxins and furans from burning plastic, and is widely
used in municipal solid waste incineration. Municipal solid waste
incinerators also normally include flue gas treatments to reduce
pollutants further.
Plastics contribute to approximately 10% of discarded waste.
Depending on their chemical composition, plastics and resins
have varying properties related to contaminant absorption and
adsorption. Polymer degradation takes much longer as a result of
saline environments and the cooling effect of the sea. These
factors contribute to the persistence of plastic debris in certain
environments. Recent studies have shown that plastics in the
ocean decompose faster than was once thought, due to exposure
to sun, rain, and other environmental conditions, resulting in the
release of toxic chemicals such as biphenyl
Thermoplastics can be remelted and reused, and thermoset
plastics can be ground up and used as filler, although the purity of
the material tends to degrade with each reuse cycle. There are
methods by which plastics can be broken down to a feedstock
state.
The greatest challenge to the recycling of plastics is the difficulty
of automating the sorting of plastic wastes, making it labour-
intensive. Typically, workers sort the plastic by looking at the
resin identification code, although common containers like soda
bottles can be sorted from memory. Typically, the caps for PETE
bottles are made from a different kind of plastic which is not
recyclable, which presents additional problems for the sorting
process. Other recyclable materials such as metals are easier to
process mechanically. However, new processes of mechanical
sorting are being developed to increase the capacity and
efficiency of plastic recycling.
Others estimate a cumulative human production of 8.3 billion
tons of plastic of which 6.3 billion tons is waste, with a recycling
rate of only 9%. Much of this material may persist for centuries
or longer, given the demonstrated persistence of structurally
similar natural materials such as amber.
CLIMATE CHANGE
INCINERATION OF PLASTICS
DECOMPOSITION OF PLASTICS
RECYCLING
PRODUCTION OF PLASTICS

16. Supreme Industries is India's top plastic manufacturing
company, processing 3,20,000 tonnes of plastic polymers
annually. The company produces wide range of plastic products
from Plastic moulded furniture to large underground drainage
pipes. They have 25 technically advanced plants and R&D units,
processing high quality of plastic products. They have got
various awards from Government and industrial bodies.
VIP Industries is Asia's largest luggage manufacturer. It was
established in 1971 and and now has its presence in 27
countries. Headquartered in Mumbai, it manufactures suitcases,
briefcases , plastic moulded luggage, backpacks, shoulder bags,
vanity cases etc. They have 8000+ retail stores across India and a
network of around 1300 retailers around the world. They sell
value their products under various brands such as Alpha,
Aristocrat, Skybags, capcese, carlcon and VIP bags which is
designed as per different section and needs of Indian and Global
market.
Safari was established in 1974 and is leading manufacturer of
travel luggage products such as plastic moulded suitcases,
handbags, briefcases, office backpacks and other travel
accessories. They have strong base of sales network and have
their service centres in all big and small cities in India.
Established in 1999, Astral Poly Technik is the first licensee of
Lubrizol of USA. They are the pioneers in Plumbing systems for
domestic and industrial use, Fire Sprinklers application, Agriculture
pressure pipes, drain and waste pipes and electric pipes. They have
state of the art manufacturing plants with qualified professional to
check quality of products. They also have a training department
with “ASTRAL piping specialist is professional which conducts
training for the correct way of installation. They are the preferred
partner of Gujarat Credai.
Niilkamal Limited was founded in 1985 and is among the biggest
plastic moulded furniture company in India. They are the household
name and known for their quality products. They have their head
office in Mumbai and have 8 ISO 9001/2008 Certified
manufacturing units across the country. They have strong sales
network which has both rural and urban penetration with 39
regional offices and 41 warehouses
Plasticblends is an ISO 9001:2008 Certified company which is
considered as India's top manufacturer of Thermoplastic
compounds used in Plastic industry. Based at Mumbai, they have
their manufacturing unit in Daman and Roorkee. Apart being
leaders in domestic market they are the pioneer exporters for 40
countries worldwide.
TOP PLASTIC COMPANIES IN THE WORLD
SUPREME INDUSTRIES
VIP INDUSTRIES LIMITED
SAFARI
ASTRAL POLY TECHNIK LIMITED
NILKAMAL
PLASTIBLENDS INDIA LIMITED

17. “HOW CAN I POSITION MY
BUSINESS TO ATTRACT
OPPORTUNITY ZONE
INVESTMENT?”
WEST AFRICA'S PLASTICS TECHNOLOGY IMPORTS INCREASE
BY 22% TO 219 MILLION EUROS IN 2018 - ENORMOUS
POPULATION GROWTH AND HIGH SUSTAINABLE
INVESTMENTS IN ITS PLASTICS INDUSTRY
PLASTIC WASTE AND THE RECYCLING MYTH
Realistically, most owners considering the
type of expansion in this example won't have
an appreciated capital asset that can cover
the cost of a new plant. As a result, they will
need to seek some type of financing. For
manufacturers that qualify for a loan, debt is
often the simplest and best solution. For
companies seeking a loan, expanding into
an opportunity zone wouldn't make the
project any more or less attractive.
On the other hand, if a manufacturing
company is looking to expand their
ownership group in the form of equity
investors, locating the new factory in an
opportunity zone might make it a more
attractive investment. And even if the owner
has decided that this expansion should be
funded by additional equity investors, an
opportunity zone location doesn't make it
any more advantageous unless the equity
investment comes through a QOF.
Before pursuing equity investment, owners
must ask themselves if they are ready to
bring additional owners into the business.
An expansion that will involve significant
equity from outside the current ownership
group, especially from an institutional QOF,
will typically require more accountability to
the new investors. There's no doubt that
opportunity zone investments will fund
some business success stories. But be sure
to consider up front how new oversight and
reporting responsibilities would affect day-
to-day operations.
Germany is hailed worldwide as a recycling champion. But like many European
countries, it actually recycles a lot less plastic packaging waste than
commonly understood — with dire consequences for the environment.
Recycling is nearly a national pastime in Germany. There's a blue bin for paper,
a brown or green bin for biodegradables, a yellow one for plastic and a black
one for the rest.
Additionally, Germans return their deposit bottles to the supermarket and drop
glass bottles at public collecting points.
According to the German Engineering Federation VDMA, West Africa imported
plastics technology at a value of 219 million euros in 2018.
A plus of 22% compared to 179 million euros in 2017 and an annual growth of
8.3% between 2014 and 2018.
Good to know: The major West African markets - apart from Nigeria - are Ivory
Coast, Ghana, Senegal, Guinea, Togo and Mali, in this order.
Due to its high and sustained investment in its plastics industry and its
immense population of 388 million, which according to the United Nations will
increase to over 700 million by 2050, it is all too likely that ECOWAS - The
Economic Community of West African States will become the number one
import region of plastics technology in Africa within the next years. A position
the region is likely to take in the long term.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

18. PRODUCTS
EXPORTS
The major plastic products that India exports are -
Raw Materials - PVC, polypropylene, polyethylene, polystyrene, ABS,
polyester chips, urea / phenol formaldehyde, master batches,
additives, etc
Packaging - PP / HDPE woven sacks / bags / fabrics, poly-lined jute
goods, box strapping, BOPP tapes, a range of plastic sheeting / films (of
PVC, PP, HDPE, nylon, FRP, PTFE, acrylic, etc.), pouches, crates, bottles,
containers, barrels, cans, carboys, shopping / carrier / garbage bags.
Consumer Goods - Toothbrushes, cleaning brushes, hair brushes, nail /
cosmetic brushes, combs, molded furniture (chairs, tables, etc.) house
ware, kitchenware, insulated molded house ware
Writing Instruments - Pens, ball pens, markers, sign pens, refills, etc.
Leather Cloth / Artificial Leather Floor Coverings - Vinyl floor
coverings and linoleums
Water Storage Tanks Toys and Games Engineering Plastics -
Auto components, parts for various machinery / equipment in
telecommunications, railways, electronics, etc.
Sanitary Fittings - Cisterns, toilet seats, bathroom fittings, etc.
Construction - PVC profiles, doors, windows, etc.
Laboratory Ware Surgical / Medical - Disposable syringes,
blood / urine bags, I.V. sets, etc.
In the calendar year 2006, the value of world plastic export was US$ 375 billion. However
the share of India was less than 1 % with exports of worth US$ 3.187 billion. The percentage
of growth in export was 21 %. During this trend of growth in exports, the export of plastics
raw material increased from 55 % to 60 % of the total export of plastic goods, while the
export of processed plastic goods has registered a negative growth from 45 % to 9 %.
According to recent reports, the industry is said to be losing an opportunity of USD 300
million through value addition on the raw materials that are exported.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

19. THE TOP 10 TRADING PARTNERS FOR INDIAN PLASTIC INDUSTRY ARE
TOP LARGEST PLASTIC PRODUCING COMPANIES
DOW CHEMICAL BASF MATSUI TECHNOLOGIES INDIA LTD
The Indian plastic exports were valued at
about US$ 532 million during FY 2004 (1st
half FY2005 exports US $ 295 million). With
significant capacity additions leading to
over-capacity in domestic markets during
FY2001 and beyond, polymer exports have
increased considerably. However, due to the
lower competitiveness of the plastic
products industry, polymers have been
exported directly.
Dow Chemical, an American based
multinational company provides chemicals,
plastics, and agricultural products. It is one
among the top 10 largest plastic producing
companies and drives innovations through
materials, polymers and biological science
to address the world's most challenging
problems such as the need for safer and
more sustainable transportation, energy
efficiency, clean water, increasing
agricultural productivity.
This company provides a wide range of
technology-based products and solutions in
high-growth sectors such as
transportation, packaging, consumer care,
agriculture. Dow chemical is the foremost
worldwide supplier of major polyethylene
(PE) resin across the globe and it is known
as the world's largest producer of
polyalkylene glycols and chlorine.
BASF is one among the top 10 largest
plastic producing company, which is
established in the year 1985. It is known
to be one of the largest plastic and resin
suppliers. The products of this company
are dyes, large number of chemicals,
pharmaceutical constituents and
agricultural products.
The broad portfolio ranges from
chemicals, plastics, performance
products and crop protection products to
oil and gas.
The products & industries of BASF are:
Matsui Technologies India Ltd. (Matsui) is
one among the top 10 largest producing
companies in the world. It provides
auxiliary equipment's meant for plastic
processing industries (for injection
molding machines, blow molding
machines, extrusions and stretch blow
molding machines) etc.
The product range of Matsui includes the
mood temperature controller,
dehumidifying dryer, low speed
granulators, hot air dryers and blenders.
The product range include:
USA
UAE
Italy
UK
Belgium
Germany
Singapore
Saudi Arabia
China
Hong Kong
Packaging & Print
Paints & Coatings
Personal Care & Hygiene
Pharmaceuticals
Plastics & Rubber
Pulp & Paper
Dehumidifying Dryer
Hopper Dryer/Hot Air Dryer.
Chillers (Air Cooled & Water Cooled).
Mold Temperature Controller.
Vacuum Loader.
Centralized Conveying System.
20172015 201820162014
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

20. THE PLASTIC SECTOR IS A GOOD INVESTMENT OPPORTUNITY
AND FOR STOCKS TO BET ON RIGHT NOW
The ban on certain plastic products by the Maharashtra government
has stoked concerns that other states may follow suit. Will such bans
have a lasting impact on the Rs 1.8-lakh crore Indian plastics
industry? Should investors avoid this segment? While anti-plastic
measures may make life difficult for small-sized companies making
carry bags, gloves, etc, large, listed players won’t be significantly
impacted, say experts. In fact, investors can use the current negativity
in the Segment as buying opportunity.
The secular growth in the sector, say experts, makes it a promising
investment opportunity. Large plastic players in particular are
benefitting from the structural changes in the industry and
government actions such as demonetisation, GST, etc., have spurred
the market shift from unorganised to organised players. As the
unorganised segment still makes up around 45% of the plastics
industry, there’s a huge growth opportunity for the organised players.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

21. Lens Technology in Liuyang, Hunan, China
In 2003, while still producing watch faces,
Zhou's company received a request from
Motorola to develop glass screens for their Razr
V3, during a period when the mobile phone
industry was transitioning from plastic to glass
display screens.
Following this, Zhou Qunfei started touch-
screen maker Lens Technology (named so that it
would turn up to potential customers searching
"lens" online) in 2003 and the company soon
received orders from other mobile-phone
makers such as HTC, Nokia, and Samsung
Electronics. After producing the touch screens
for Apple's iPhone during its 2007 market entry,
Lens developed into the dominant player of the
industry. Lens Technology now primarily
supplies touch-screens to leading electronics
makers such as Apple, Samsung, and Huawei,
receiving nearly 75% of its revenue from Apple
and Samsung. The Apple Watch uses her
company's glass and sapphire crystal screens.
As of 2017, the company employs about 90,000
people, was expected to churn out more than a
billion glass screens, and has 32 different
factory locations. Last year, Lens posted net
profits of 1.18 billion yuan on revenue of 14.5
billion yuan.
Zhou Qunfei was born in 1970 in Xiangxiang, Hunan province, China, the youngest of
three children in a poor family. Before she was born, her father, a former soldier, became
partially blinded and lost a finger in an industrial accident in the 1960s. A skilled
craftsman, he supported the family by making bamboo baskets and chairs and repairing
bicycles. Her mother died when she was five. As a child she helped her family raise
animals for sustenance and small profit. Although she was the only one out of her
siblings to attend secondary school and showed promise as a bright student, she
dropped out at age 16 and moved in with her uncle's family to become a migrant worker
in Shenzhen, the special economic zone in Guangdong province. While she briefly
considered pursuing a government job for its stability, she discarded the idea as lacking
a diploma would make it difficult to do so.
In Shenzhen she deliberately chose to work for companies near Shenzhen University, so
she could take part-time courses at the university. She studied many subjects and
passed the examinations to be certified for accounting, computer operations, customs
processing, and even became licensed for driving commercial vehicles. Her biggest
regret is not having studied English.
ZHOU QUNFEI
CURRENT
RICHEST
WOMAN
IN CHINA
EARLY LIFE
LENS TECHNOLOGY
CAREER
SUCCESS STORIES
Founder and CEO of Lens Technology
Although she dreamed of being a fashion designer, Zhou found a job working for a small
family-run firm making watch parts for about 180 yuan a month. Displeased with the
working conditions, she decided to quit after three months and submitted a letter of
resignation explaining her reasons, yet expressing gratitude for the working
opportunity. The letter moved the factory chief to offer her a promotion instead.
When the factory folded, she established her own company in 1993 at age 22, with her
savings of HK$20,000 (~USD$3,000). It was her cousin who encouraged her to start on
her own business, and the company began with her brother, sister, their spouses, and
two cousins all working out of a three bedroom apartment. The company appealed to
customers by promising higher-quality watch lenses. Here, Zhang took a hands on
approach and involved herself in all parts of the company, including repairs and creating
improved designs of factory machinery. In 2001, she caught her big break when her
company won a profitable contract to make mobile phone screens for the Chinese
electronics giant TCL Corporation.
Zhou Qunfei has stated that over the years she has started a total of 11 companies.

23. WHY JOIN GIBF
“Everyone has the KEY, it’s just a matter of using it right.”
GIBF aims to form a Global Business Community for large scale international networking.
E-magazine by GIBF is a fantastic platform to promote businesses reaching out to over 50 million businessmen and
professionals globally
GIBF knows the value of appreciation and hence, Award Ceremonies are organized at International, National and State level
to recognize and appreciate successful brands, business leaders and young entrepreneurs.
Furthermore, various 'Success Stories' are acknowledged and appreciated by the forum in a special edition of the E-
magazine and on digital social media platforms.
GIBF is an excellent platform to promote Trade fairs from across the globe, where you are also guided with the best Trade
fairs to participate in, and to broaden your business horizons. You can register for such Trade fairs through GIBF.
GIBF helps its members to get valuable information of important tenders for big projects, contracts and procurements.
The forum provides help, representation and guidance to companies or entrepreneurs in matters involving Government
Authorities and Agencies.
GIBF is a one stop centre for all business development activities and it is confident of opening up potentially important
markets as well as great business avenues for its members.

24. AzerbaijanAzerbaijan
infocus
Azerbaijan, the nation and former Soviet republic, is bounded by the
Caspian Sea and Caucasus Mountains, which span Asia and
Europe. Its capital, Baku, is famed for its medieval walled Inner City.
The Azerbaijan Democratic Republic proclaimed its independence in 1918 and became the
first secular democratic Muslim-majority state. In 1920 the country was incorporated into
the Soviet Union as the Azerbaijan Soviet Socialist Republic. The modern Republic of
Azerbaijan proclaimed its independence on 30 August 1991, shortly before the dissolution of
the USSR in the same year. In September 1991, the Armenian majority of the disputed
Nagorno-Karabakh region seceded to form the Republic of Artsakh.
The region and seven adjacent districts
outside it became de facto independent
with the end of the Nagorno-Karabakh War
in 1994. These regions are internationally
recognized as part of Azerbaijan pending a
solution to the status of the Nagorno-
Karabakh through negotiations facilitated
by the OSCE.
Azerbaijan is a unitary semi-presidential
republic. It is one of six independent Turkic
states and an active member of the Turkic
Council and the TÜRKSOY community.
Azerbaijan has diplomatic relations with 158
countries and holds membership in 38
international organizations.
Azerbaijan Game
Freestyle wrestling has been traditionally regarded as Azerbaijan's national sport,
however today, the most popular sports in Azerbaijan are football and chess. Other
popular sports are gymnastics, judo, futsal, weightlifting, and boxing. Azerbaijan's
mountainous terrain provides great opportunities for the practice of sports like
skiing and rock climbing. Water sports are practiced on the Caspian Sea and in
inland waters. Competitively, Azerbaijan has been very successful at chess,
weightlifting, and wrestling at the international level.
Azerbaijan is a country in the South Caucasus region of Eurasia at the crossroads of Eastern
Europe and Western Asia.It is bounded by the Caspian Sea to the east, Russia to the north,
Georgia to the northwest, Armenia to the west and Iran to the south. The exclave of
Nakhchivan is bounded by Armenia to the north and east, Iran to the south and west, and has
an 11 km (6.8 mi) long border with Turkey in the northwest.

25. GDP –By Sector : agriculture: 6.1%,industry: 53.5%,services: 40.4% (2017 est.)
Exports : $15.15 billion (2017 est.)
Exports - commodities: oil and gas roughly 90%, machinery, foodstuffs, cotton
Exports - partners: Italy23.2%,Turkey 13.6%,Israel 6.11%,Germany 5%, Czech Republic 4.6%,Georgia
4.3%
Imports : $9.037 billion (2017 est.)
Imports – commodities: machinery and equipment, foodstuffs, metals, chemicals
Imports - partners: Russia 17.7% ,Turkey 14.85%,China 9.9%,United States 8.3%,Ukraine 5.3%
Germany 5.1%

Economy
Naturally Rich
Azerbaijan Nature. Azerbaijan's varied
landscapes are home to an impressive variety of
flora, fauna, and even just beautiful spots to
discover. Azerbaijan's nature is defined by the
waters of the Caspian Sea, the peaks of the
Caucasus Mountains, with the rich valleys and
forests that lie in between. Despite some severe
destruction during Soviet times, nature in
Azerbaijan is now under the protection of the
government, and nature reserves keep the most
amazing sights safe for generations to come.
RENEWABLE RESOURCES
Renewable energy sources are important for Azerbaijan, however there is lack of practicing
renewable energy except hydro energy. One of the alternative sources of energy is the wind
energy. It is also best profitable due to the cost, ecological cleanness and its renewable
properties compared to other alternative energy sources. Azerbaijan is one of those countries
where windmills could be perfect fit due to geographical location. In particular, the Absheron
peninsula, coastline of Caspian Sea and islands in the northwestern part of Caspian Sea, the
Ganja-Dashkesan zone in the west of Azerbaijan and the Sharur-Julfa area of the Nakhchivan
Autonomous Republic are favorable areas. In 1999, Japan's Tomen Company, together with
the Azerbaijan Scientific Research Institute of Power Engineering and Energy, installed two
towers with 30 and 40 meters in Absheron, average annual wind speed was determined to be
7.9-8.1 m/sec and feasibility study about the installation of windmills with a total capacity of
30 MWt had been prepared in Qobustan region
The economy of Azerbaijan has completed its post-Soviet transition into a major oil based economy, from
one where the state played the major role.
MainIndustries: petroleum and natural gas, petroleum products, oilfield equipment; steel, iron, cement;
chemicals; petrochemicals; textiles; machinery; cotton; foodstuffs

26. Culture
The Culture of Azerbaijan (Azerbaijani:
Azrbaycan mdniyyti) developed under the
influence of Iranian, Turkic and Caucasian
heritage as well as Russian influences due to its
former status as a Soviet republic. Today,
western influences, including globalized
consumer culture, are prevalent. Azerbaijan is
the modern name of a historical and geographic
region on the border of Eastern Europe and
Western Asia, and formerly known as Aran or
Ardan by various Persian Empires, or by Albania by Greeks. It is bounded by the Caspian Sea to the east,
Russia's Daghestan region to the north, Georgia to the northwest, Armenia and Turkey to the southwest, and
Iran to the south. Azerbaijan is a home to diverse ethnicities, majority of which are Azeris, an ethnic group
which numbers to 10 million in the independent Republic of Azerbaijan. The heritage, culture, and
civilization of this region today known as the country of Azerbaijan has both ancient and modern roots.
Transportation
The transport in Azerbaijan involves air traffic, waterways and railroads. All
transportation services in Azerbaijan except for oil and gas pipelines are
regulated by the Ministry of Transportation of Azerbaijan Republic. For Soviet
transportation, see Transport in the Soviet Union.
There are about 25,000 kilometers of roads in Azerbaijan, serving domestic
cargo traffic and giving access to international main highways. Highways are
mostly in fair condition and need an upgrade to international standards in a
view to accommodate growing transit traffic
Main and rural roads are in poor condition and in urgent need of rehabilitation
and maintenance. The total vehicle fleet in Azerbaijan was about 517,000 in
2004, with about 49 private passenger cars per 1,000 inhabitants, which is
quite low compared to European benchmarks.
Azerbaijan Airlines also known as AZAL, is the flag carrier and largest airline of the country of Azerbaijan.
Based in Baku, adjacent to Heydar Aliyev International Airport, the carrier operates to destinations across
Asia, the CIS, Europe and the USA. Azerbaijan Airlines is a member of the International Air Transport
Association.

27. Its top imports are Cars ($312M),
Refined Petroleum ($245M),
Wheat ($219M), Packaged
Medicaments ($212M) and
Broadcasting Equipment ($158M).
The top export destinations of
Azerbaijan are Italy ($4.71B),
Turkey ($1.22B), Canada ($780M),
the Czech Republic ($765M) and
Germany ($700M).
India's bilateral trade with
Azerbaijan has been growing
steadily in recent years.
India's pharmaceutical
sector is established in
Azerbaijan and many Indian
pharmaceutical companies
are there in Azerbaijan. ...
The volume of trade has
increased from 50 million
dollars(2005) to 250
million(2015).
Investment in South Azerbaijan
Productive Promotion and Attraction of Foreign Investment Law
What are the benefits for new investments in basic industries?
Azerbaijan invested $151 million in Georgia's economy in Q3, 2016, which is 15.1 percent less than
in the same period of 2015. In the Q3, 2016, Azerbaijan's investments amounted to 33 percent of all
investments made in Georgia's economy. The Republic of Azerbaijan has a favorable business
environment for investors who want to start a business. Investors can benefit from a favorable
environment in Azerbaijan, without even investing much money to start business and get profit
from their business. Favorable geographical stiuation, legality, diversification of the economy,
stable macroeconomic policy, public-political stability and transparent tax policy form the basis of
an efficient environment in Azerbaijan for doing business.
According to the 2019 UNCTAD World Investment Report, Azerbaijan received USD 1.4 billion in FDI
inflows in 2018, a significant drop from 2017 (USD 2.86 billion). This drop is in line with FDI inflows
to transition economies in South-East Europe and the Commonwealth of Independent States.
Azerbaijan inflows focus on the oil and gas sector, although one of the top priorities of the
Azerbaijani Government is to diversify the country's economy and attract FDI to agriculture,
transportation, tourism and information/communication technology. FDI inward stocks in
Azerbaijan were estimated at USD 31 billion in 2018 by the UNCTAD, representing 68.4% of the
country's GDP in 2018.
The overall investment climate in Azerbaijan continues to grow despite of significant challenges
remain. Over the recent years, the country has made efforts to integrate more fully into the global
marketplace and attract foreign investment.
Adding to economic growth, human capital contribution, competition level, technology transfer and
management and governance practices are some other benefits of foreign direct investment in
Azerbaijan oil sector in Azerbaijan's economy.
On the other hand, Azerbaijan attracts foreign investors to do business by pursuing an open
economic policy. Economic openness is manifested by:
Openness to International trade
Globalization on International politics
Openness to Foreign Investment
Foreign Investment
Experience &
Discipline
SMARTER
INVESTING:
INDIA EGYPT
TRADE RELATIONS
Consulate General
Of Azerbaijan
41, Paschimi Marg, Block-D,
Opp Vasanth Vihar Club,
Vasant Vihar, New Delhi,
Delhi 110057
IMPORT-EXPORT

29. ECONOMIC BILATERAL AGREEMENTS AND MOU's
TRADE: EU-SINGAPORE AGREEMENT TO ENTER INTO FORCE
ON 21 NOVEMBER 2019
INDIA AND MALDIVES EXCHANGE AGREEMENTS FOR COOPERATION
BETWEEN THE COUNTRIES
EU Member States today endorsed the trade agreement between the EU and
Singapore. This means the agreement will enter into force as soon as 21 November
European Commission President Jean-Claude Juncker said: “This is the European
Union's first bilateral trade agreement with a Southeast Asian country, a building block
towards a closer relationship between Europe and one of the most dynamic regions in
the world. It crowns the efforts of this Commission to build a network of partners
committed to open, fair and rules-based trade. Trade has created 5 million new jobs in
the EU since I took office in 2014, and now contributes to the employment of 36 million
people. This, together with the fact that it accounts for 35% of the EU GDP, shows how
critical trade is for Europe’s prosperity.
Under the trade agreement, Singapore will remove all remaining tariffs on EU
products. The agreement also provides new opportunities for EU services' providers,
among others in sectors such as telecommunications, environmental services,
engineering, computing and maritime transport. It will also make the business
environment more predictable. The agreement will also enable legal protection for
138 iconic European food and drink products, known as Geographical Indications.
Singapore is already the third-largest destination for such European speciality
products. Singapore also agreed to remove obstacles to trade besides tariffs in key
sectors, for instance by recognising the EU's safety tests for cars and many electronic
appliances or by accepting labels that EU companies use for textiles.
The EU and Singapore have also concluded an investment protection agreement,
which can enter into force after it has been ratified by all EU Member States according
to their own national procedures.
India and Maldives exchanged Memorandum of Understanding (MoUs) on 13
December 2019. It was exchanged during the Maldivian FM's visit to India. FM Abdulla
Shahid is on a five-day visit to India. Highlights:
India and Maldives signed three agreements and MoUs including an Exchange of
Instrument of Ratification for the Treaty on Mutual Legal Assistance in Criminal
Matters. It was decided and signed at the 6th India-Maldives Joint Commission
Meeting. The meeting was by Maldivian Foreign Minister Abdulla Shahid attended
among others. The MoUs included cooperation between the Election Commissions of
India and the Maldives.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

30. 8TH MEETING OF INDIA-GERMANY JOINT WORKING GROUP
ON COUNTER TERRORISM
JOINT STATEMENT - FIRST INDIA-JAPAN 2+2 FOREIGN AND
DEFENCE MINISTERIAL MEETING
The 8th meeting of India-Germany Joint Working Group on Counter Terrorism was held
in New Delhi on December 11, 2019. A composite Indian delegation was led by Mr.
Mahaveer Singhvi, Joint Secretary for Counter Terrorism in the Ministry of External
Affairs while the German delegation was led by Ambassador Andreas Kunne, Director,
United Nations and Counter Terrorism in the German
Federal Foreign office Both sides condemned terrorism in all its forms and
manifestations and stressed the need for strengthening international cooperation to
combat the menace in a comprehensive and sustained manner. They exchanged
assessments on threats posed by globally proscribed terrorist entities and their
affiliates as well as ongoing concerns over cross-border terrorism in South Asian
region.
Both sides discussed the importance of disrupting terrorist networks, safe havens,
infrastructure and their financing channels, and halting cross-border movement of
terrorists. They also exchanged views on contemporary counter terrorism challenges
such as radicalization and extremism, misuse of internet for terror purposes, travel of
foreign terrorist fighters, terrorist use of Unmanned Aerial Systems, etc.
The two sides agreed to further deepen counter-terrorism cooperation through
regular exchange of information, mutual capacity building efforts, sharing of best
practices and mutual legal assistance. Cooperation in multilateral fora such as the
United Nations and the Financial Action Task Force was also discussed.
It was decided that the next meeting of the Joint Working Group on Counter-Terrorism
shall be held in Germany in 2020 on a mutually convenient date.
Defence Minister of India, Mr. Rajnath Singh and External Affairs Minister of India, Dr.
S. Jaishankar, met Foreign Affairs Minister of Japan, Mr. MOTEGI Toshimitsu, and
Minister of Defense of Japan, Mr. KONO Taro, on 30 November 2019 in New Delhi for
the first India-Japan 2+2 Foreign and Defence Ministerial Meeting.
The Ministers affirmed that this dialogue will further enhance the strategic depth of
bilateral security and defence cooperation. Acknowledging emerging security
challenges, the Ministers reiterated their commitment to advancing bilateral security
cooperation based on the 2008 Joint Declaration on Security Cooperation and the
2009 Action Plan to advance Security Cooperation. Recalling that the two sides had a
shared vision of a free, open, inclusive and rules-based Indo-Pacific region in which
the principles of sovereignty and territorial integrity are ensured, and all countries
enjoy freedom of navigation and overflight, the Ministers emphasized that further
strengthening of bilateral cooperation was in mutual interest of both countries and
would also help in furthering the cause of the peace, security and prosperity in the
Indo-Pacific region.
The Ministers welcomed the progress made in deepening bilateral defence
cooperation last year. The Ministers noted with satisfaction that since last year India
and Japan have initiated bilateral exercises between all three components of their
defence forces. The Ministers shared the view to make continuous efforts for holding
the bilateral exercises between the defence forces regularly and further expanding
the same. In this regard, the Ministers welcomed the recently conducted second
"Dharma Guardian-2019” and the second "SHINYUU Maitri-2019”. The Ministers also
concurred to proceed with coordination for the first India-Japan joint fighter aircraft
exercise in Japan.

31. INDIA SIGNED MOU WITH QATAR TO SET UP UNIVERSITY CAMPUS
CABINET APPROVED AN AGREEMENT BETWEEN INDIA
AND CHILE TO AVOID DOUBLE TAXATION
CABINET APPROVED MOU SIGNED BETWEEN INDIA,
MYANMAR ON BILATERAL COOPERATION
Maharashtra's Savitribai Phule Pune University (STPU) and Qatar's Milestone
International Education signed a memorandum of understanding (MoU) to enable the
University to set up its campus in Doha. Aim: The aim of the agreement is to provide
opportunities in higher education to around 8 million Indian diaspora based in Qatar.
MoU Provisions: The MoU will promote cooperation between the two institutions with
the support of the government of the State of Qatar. It will open new avenues and
opportunities for the Indian community in Qatar. The students will not be compelled to
send back their children to India for higher education due to the absence of the
campus of any Indian University in Qatar. As per the MoU, the campus will be fully
functional from next semester onwards.
The Union Cabinet approved the agreement signed between the Republic of India and
the Republic of Chile to avoid double taxation. The countries signed the Double
Taxation Avoidance Agreement (DTAA) and Protocol. The Agreement and Protocol will
be implemented and monitored by the Ministry of Finance Aim: The agreement aimed
to eliminate double taxation and the prevention of fiscal evasion in both countries. It
will avoid taxes with respect to income. Agreement: DTAA will eliminate double
taxation. The Agreement provides a clear allocation of taxing rights between the
Contracting States. It is expected that it will provide tax certainty to investors and
businesses of both countries while augmenting the flow of investment through fixing
of tax rates in royalties, source State on interest, and fees for technical services. The
agreement and protocol will implement minimum standards and other
recommendations of the G-20 Organization for Economic Co-operation and
Development (OECD) Base Erosion Profit Shifting (BEPS) Project. It is expected that the
BEPS Project will curb tax planning strategies that exploit gaps and mismatches in tax
rules.
The Union Cabinet approved the Memorandum of Understanding (MoU) signed
between India and Myanmar on bilateral cooperation. The MoU aimed to prevent
trafficking in persons, rescue, recovery, repatriation, and reintegration of victims of
trafficking. MoU Benefits: The MoU will deepen the relationship between the two
countries. It will increase bilateral cooperation on the issues of rescue, recovery,
prevention, and repatriation related to human trafficking.
The MoU will prevent all forms of human trafficking and protect and assist the victims
of trafficking . It will ensure speedy investigation and prosecution of traffickers and
organized crime syndicates in both countries It will strengthen immigration and
border controls cooperation and implementation of strategies with relevant Ministries
and Organizations to prevent trafficking in persons. It will set up Working Groups and
Task Force to make efforts to prevent human trafficking Develop and share database
on traffickers and victims of trafficking in a safe and confidential manner and
exchange information through designated focal points of India and Myanmar
.Capacity building programmes for the agencies concerned about both countries. The
MoU will enable both the countries to formulate and adopt Standard Operating
Procedures (SOP) for Rescue, Recovery, Repatriation, and Integration of the victims of
trafficking.

33. Natural rubber, also called by other names of India rubber, latex, Amazonian
rubber, caucho or caoutchouc, as initially produced, consists of polymers of the
organic compound isoprene, with minor impurities of other organic compounds,
plus water. Thailand and Indonesia are two of the leading rubber producers.
Forms of polyisoprene that are used as natural rubbers are classified as
elastomers.
Currently, rubber is harvested mainly in the form of the latex from the rubber tree
or others. The latex is a sticky, milky colloid drawn off by making incisions in the
bark and collecting the fluid in vessels in a process called "tapping". The latex
then is refined into rubber that is ready for commercial processing. In major
areas, latex is allowed to coagulate in the collection cup. The coagulated lumps
are collected and processed into dry forms for marketing.
Natural rubber is used extensively in many applications and products, either
alone or in combination with other materials. In most of its useful forms, it has a
large stretch ratio and high resilience, and is extremely waterproof.
SECTOR REVIEW - RUBBER
On a microscopic scale, relaxed rubber is a
disorganized cluster of erratically changing wrinkled
chains. In stretched rubber, the chains are almost
linear. The restoring force is due to the preponderance
of wrinkled conformations over more linear ones. For
the quantitative treatment see ideal chain, for more
examples see entropic force.
Cooling below the glass transition temperature permits
local conformational changes but a reordering is
practically impossible because of the larger energy
barrier for the concerted movement of longer chains.
"Frozen" rubber's elasticity is low and strain results
from small changes of bond lengths and angles: this
caused the Challenger disaster, when the American
Space Shuttle's flattened O-rings failed to relax to fill a
widening gap. The glass transition is fast and
reversible: the force resumes on heating.
The parallel chains of stretched rubber are susceptible
to crystallization. This takes some time because turns
of twisted chains have to move out of the way of the
growing crystallites. Crystallization has occurred, for
example, when, after days, an inflated toy balloon is
found withered at a relatively large remaining volume.
Where it is touched, it shrinks because the temperature
of the hand is enough to melt the crystals.
Raw rubber storage depots and rubber processing can
produce malodour that is serious enough to become a
source of complaints and protest to those living in the
vicinity.
Microbial impurities originate during the processing of
block rubber. These impurities break down during
storage or thermal degradation and produce volatile
organic compounds. Examination of these compounds
using gas chromatography/mass spectrometry
(GC/MS) and gas chromatography (GC) indicates that
they contain sulphur, ammonia, alkenes, ketones,
esters, hydrogen sulphite, nitrogen, and low molecular
weight fatty acids (C2-C5).
When latex concentrate is produced from rubber,
sulphuric acid is used for coagulation. This produces
malodourous hydrogen sulphide.
The industry can mitigate these bad odours with
scrubber systems
ELASTICITY
MALODOUR
PROPERTIES


Rubber exhibits unique physical and chemical
properties. Rubber's stress–strain behaviour exhibits
the Mullins effect and the Payne effect and is often
modelled as hyperelastic. Rubber strain crystallizes.
Due to the presence of weakened allelic C-H bonds in
each repeat unit, natural rubber is susceptible to
vulcanisation as well as being sensitive to ozone
cracking.
The two main solvents for rubber are turpentine and
naphtha (petroleum). Because rubber does not dissolve
easily, the material is finely divided by shredding prior to
its immersion.
An ammonia solution can be used to prevent the
coagulation of raw latex.
Rubber begins to melt at approximately 180 °C (356 °F).

34. USES
Uncured rubber is used for cements for adhesive, insulating, and
friction tapes; and for crepe rubber used in insulating blankets
and footwear.
Vulcanized rubber has many more applications. Resistance to
abrasion makes softer kinds of rubber valuable for the treads of
vehicle tires and conveyor belts, and makes hard rubber valuable
for pump housings and piping used in the handling of abrasive
sludge.
The flexibility of rubber is appealing in hoses, tires and rollers for
devices ranging from domestic clothes wringers to printing
presses; its elasticity makes it suitable for various kinds of shock
absorbers and for specialized machinery mountings designed to
reduce vibration. Its relative gas permeability makes it useful in
the manufacture of articles such as air hoses, balloons, balls and
cushions.
The resistance of rubber to water and to the action of most fluid
chemicals has led to its use in rainwear, diving gear, and
chemical and medicinal tubing, and as a lining for storage tanks,
processing equipment and railroad tank cars. Because of their
electrical resistance, soft rubber goods are used as insulation
and for protective gloves, shoes and blankets; hard rubber is
used for articles such as telephone housings, parts for radio sets,
meters and other electrical instruments.
The coefficient of friction of rubber, which is high on dry surfaces
and low on wet surfaces, leads to its use for power-transmission
belting and for water-lubricated bearings in deep-well pumps.
Indian rubber balls or lacrosse balls are made of rubber.
Around 25 million tonnes of rubber are produced each year, of
which 30 per cent is natural. The remainder is synthetic rubber
derived from petrochemical sources.
The top end of latex production results in latex products such as
surgeons' gloves, condoms, balloons and other relatively high-
value products.
The mid-range which comes from the technically specified
natural rubber materials ends up largely in tires but also in
conveyor belts, marine products, windshield wipers and
miscellaneous goods.
Natural rubber offers good elasticity, while synthetic materials
tend to offer better resistance to environmental factors such as
oils, temperature, chemicals and ultraviolet light. "Cured rubber"
is rubber that has been compounded and subjected to the
vulcanisation process to create cross-links within the rubber
matrix.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS
ALLERGIC REACTIONS
Some people have a serious latex allergy, and exposure to natural
latex rubber products such as latex gloves can cause
anaphylactic shock. The antigenic proteins found in Hevea latex
may be deliberately reduced (though not eliminated) through
processing.
Latex from non-Hevea sources, such as Guayule, can be used
without allergic reaction by persons with an allergy to Hevea
latex.
Some allergic reactions are not to the latex itself, but from
residues of chemicals used to accelerate the cross-linking
process. Although this may be confused with an allergy to latex, it
is distinct from it, typically taking the form of Type IV
hypersensitivity in the presence of traces of specific processing
chemicals.

35. PRODUCTION
More than 28 million tons of rubber were produced in 2018, of which
approximately 47% was natural. Since the bulk is synthetic, which is
derived from petroleum, the price of natural rubber is determined, to a
large extent, by the prevailing global price of crude oil. Asia was the
main source of natural rubber, accounting for about 94% of output in
2005.
The three largest producers, Thailand, Indonesia (2.4 million tons) and
Malaysia, together account for around 72% of all natural rubber
production. Natural rubber is not cultivated widely in its native
continent of South America due to the existence of South American
leaf blight, and other natural predators.
Rubber latex is extracted from rubber trees. The economic life
period of rubber trees in plantations is around 32 years — up to 7
years of immature phase and about 25 years of productive phase.
The soil requirement is well-drained, weathered soil consisting of
laterite, lateritic types, sedimentary types, nonlateritic red or
alluvial soils.
The climatic conditions for optimum growth of rubber trees are:
Natural rubber is often vulcanized - a process by which the rubber
is heated and sulphur, peroxide or biphenyl are added to improve
resistance and elasticity and to prevent it from perishing. Carbon
black is often used as an additive to rubber to improve its strength,
especially in vehicle tires, which account for about 70% (~9
million tons) of carbon black production.
Natural rubber latex is shipped from factories in south-east Asia,
South America, and West and Centre Africa to destinations around
the world. As the cost of natural rubber has risen significantly and
rubber products are dense, the shipping methods offering the
lowest cost per unit weight are preferred. Depending on
destination, warehouse availability, and transportation conditions,
some methods are preferred by certain buyers. In international
trade, latex rubber is mostly shipped in 20-foot ocean containers.
Inside the container, smaller containers are used to store the latex.
In places such as Kerala and Sri Lanka where coconuts are in
abundance, the half shell of coconut was used as the latex
collection container. Glazed pottery or aluminium or plastic cups
became more common in Kerala and other countries. The cups are
supported by a wire that encircles the tree. This wire incorporates
a spring so it can stretch as the tree grows. The latex is led into the
cup by a galvanised "spout" knocked into the bark. Tapping
normally takes place early in the morning, when the internal
pressure of the tree is highest. A good tapper can tap a tree every
20 seconds on a standard half-spiral system, and a common daily
"task" size is between 450 and 650 trees. Trees are usually tapped
on alternate or third days, although many variations in timing,
length and number of cuts are used. "Tappers would make a slash
in the bark with a small hatchet. These slanting cuts allowed latex
to flow from ducts located on the exterior or the inner layer of bark
(cambium) of the tree. Since the cambium controls the growth of
the tree, growth stops if it is cut. Thus, rubber tapping demanded
accuracy, so that the incisions would not be too many given the
size of the tree, or too deep, which could stunt its growth or kill it.”

It is usual to tap a panel at least twice, sometimes three times,
during the tree's life. The economic life of the tree depends on how
well the tapping is carried out, as the critical factor is bark
consumption. A standard in Malaysia for alternate daily tapping is
25 cm (vertical) bark consumption per year. The latex-containing
tubes in the bark ascend in a spiral to the right. For this reason,
tapping cuts usually ascend to the left to cut more tubes.
The trees drip latex for about four hours, stopping as latex
coagulates naturally on the tapping cut, thus blocking the latex
tubes in the bark. Tappers usually rest and have a meal after
finishing their tapping work, then start collecting the liquid "field
latex" at about midday.
Rainfall of around 250 centimetres (98 in) evenly
distributed without any marked dry season and with at
least 100 rainy days per year
Temperature range of about 20 to 34 °C (68 to 93 °F),
with a monthly mean of 25 to 28 °C (77 to 82 °F)
Atmospheric humidity of around 80%
About 2000 hours sunshine per year at the rate of six
hours per day throughout the year
Absence of strong winds
CULTIVATION
VULCANIZED RUBBER
TRANSPORTATION
COLLECTION
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

36. RUBBER INDUSTRY IN TRANSITION
With the good old Hevea rubber, otherwise known as natural rubber,
which was ruling the roost for long as a vital industrial raw material, is of
late struggling to survive amid growing researches on the commercial
possibilities of other varieties of natural rubber, innovative synthetic
rubber compounds and prospects of new technologies like Nano
technology in rubber goods production, the global rubber industry is not
going to be the same again. New industrial applications of rubber
compounds sans NR component, increasing substitution of NR with SR
in tyre production and the growing preference for nitrile latex in medical
glove production are going to decide the changing face of the global
rubber industry of tomorrow.
In the Industrial rubber products, different segments comprising
various downstream industries, including manufacturing, construction,
automotive, aerospace and others, rapid changes are taking place in
respect of processing technology, product development and innovative
applications. Because of the flexibility, elasticity, toughness, resilience
and insulation that rubber products provide, rubber – both natural and
synthetic – are widely used in transportation, industrial, consumer,
hygienic and medical applications.
The global industrial rubber products market is poised to expand at
progressive rate, driven by the increasing demand from automotive,
construction, and manufacturing industries. But the raw material
combinations of the rubber products are fast changing with an
imminent threat of NR being replaced by other alternatives – both
natural and synthetic.
CHANGING TIMES FOR
INDUSTRIAL RUBBER PRODUCTS
THE ROAD AHEAD FOR
INDUSTRIAL RUBBER PRODUCTS
INDIAN RUBBER INDUSTRY SCENARIO
The demand for industrial rubber products market is
hugely driven by the motor vehicle output, and auto
component manufacturers. Burgeoning demand from the
automotive industry and rise in the application of rubber
products in the end use industry are the key drivers of the
industrial rubber product market. Growth of autonomous
and battery vehicles is apparently anticipated to propel the
demand for industrial rubber products in the future. Growth
of the infrastructure and construction activities in the
emerging economies is also anticipated to drive the
demand for industrial rubber products.
On the basis of rubber type, industrial rubber products
market can be classified as: Natural rubber, Styrene
Butadiene Rubber, Polybutadiene, Ethylene-propylene,
Nitrile Butadiene Rubber and others. The industrial rubber
products market over the years has witnessed strong
emergence of synthetic rubbers such as Polybutadiene
(BR), Ethylene-Propylene (EPDM), Styrene Butadiene
Rubber (SBR), Nitrile Butadiene Rubber (NBR), and others.
In terms of product, mechanical goods which
encompasses products such as body seals, vibration
control devices, and wiper blades was the dominant
segment accounting for close to fifty per cent of the market
share in the recent past. On the basis of manufacturing
process type, the industrial rubber products market has
been classified as: Moulded product manufacturing,
extruded/calendared product manufacturing, fabricated
product manufacturing, latex-based product
manufacturing and others.
The downstream rubber sector of India falls broadly under
27 distinct classes with far-reaching sub-classes of end-
products, according to Kamal K Chowdhury, President, The
All India Rubber Industries Association (AIRIA)
The present status of the industry may be evaluated
fundamentally in terms of consumption of natural rubber
(NR) and synthetic rubber (SR), being the key raw
materials, density of the manufacturing units and market
consolidation in world-wide point of view. Contrasted with
the previous year, Indian consumption of NR and SR in
2016-17 increased by 5 per cent and 8.2 per cent to 1.04
and 0.6 million tonnes respectively, he said in a recent
interview.
According to AIRIA statistics, the export of rubber and
articles thereof as a whole increased by 7.85 per cent to Rs.
167,182 million in 2016-17 compared to the export a year
ago. Like-wise the export of rubber-canvas footwear also
increased to Rs. 22,684 million in 2016-17 with a growth of
about 13 per cent.
The large units segregated, the constituents of the Indian
rubber industry are in a general sense MSMEs. A part of
them, particularly the micro units, are yet to be in the
perfect technique of preparing in the fast-changing scene
of business.

37. NEW INVESTMENT STRATEGIES IN “WHITE GOLD
NATURAL RUBBER EXPORTS BY COUNTRY
Thailand's rubber industry seemed to be in bad shape. But now it
might be the perfect point in time for a profitable investment in the
white gold of rubber farmland. Technology 4.0, smart farming, and
the use of blockchain technology for every single tree could give the
market a consistent upward movement. The tokenization of rubber
trees could be the bright future of farming.
In the golden past, the latex rubber price escalated continuously,
which prompted Thai rubber farmers to grow rubber trees even on
unsuitable land. Even traditional rice fields have been converted
into rubber plantations. These projects depend on a high market
price and make the farmer prone to a temporary price drop, because
Thailand, for example, traded substantial amounts of reserved latex
rubber.
The long-term outlook for the rubber price seems still to be
promising. There will be definitely sooner or later a globally growing
demand for this particular commodity. However, due to oversupply,
the latex rubber price dropped dramatically in the world market. As
a spontaneous reaction, Thai farmers have been chopping down
rubber trees for the last several months and eliminated many Rai of
rubber fields.
August 21, 2019 by Daniel Workman
Rubber tree rootsGlobal sales from natural rubber exports by country
totaled US$13.1 billion in 2018.
That amount reflects an average -22.1% drop in value since 2014 when
natural rubber shipments were worth $16.8 billion. Year over year,
exported natural rubber depreciated by -19.9% from 2017 to 2018.
Among continents, Asian countries exported $11.1 billion or 84.7% of
international natural rubber sales. African exporters supplied 8.3% of
the global total followed by Europe at 4.9%.
Thailand: US$4.6 billion (34.8% of total natural rubber exports)
Indonesia: $4 billion (30.1%)
Vietnam: $984.9 million (7.5%)
Malaysia: $936.5 million (7.1%)
Ivory Coast: $752.6 million (5.7%)
Belgium: $202 million (1.5%)
Myanmar (Burma): $183.8 million (1.4%)
Laos: $168.3 million (1.3%)
Guatemala: $152.7 million (1.2%)
Liberia: $126.2 million (1%)
Germany: $115 million (0.9%)
United States: $101.1 million (0.8%)
France: $96.1 million (0.7%)
Luxembourg: $96 million (0.7%)
Philippines: $76 million (0.6%)
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS
1.4 M
1.2 M
1M
800K
600K
400K
200K
0
19611966197119761981198619911996200120062011
India Natural Rubber Consumption, Production, & Imports

38. OPPORTUNITIES
NATURAL RUBBER EXPORTING COMPANIES
The following countries posted the highest negative net exports for
natural rubber during 2018. Investopedia defines net exports as the
value of a country's total exports minus the value of its total imports.
Thus, the statistics below present the deficit between the value of
each country's natural rubber import purchases and its exports for
that same commodity.
The People's Republic of China ran up the highest deficit in the
international trade of natural rubber. In turn, this negative cashflow
highlights China's strong competitive disadvantage for this specific
resource category but also signals opportunities for natural rubber-
supplying countries that help satisfy the powerful demand of Chinese
manufacturers.
China: -US$3.6 billion (net export deficit down -27% since 2014)
United States: -$1.6 billion (down -17.6%)
Japan: -$1.1 billion (down -22.2%)
India: -$905.1 million (up 8.6%)
South Korea: -$561.4 million (down -32%)
Malaysia: -$379.3 million (down -1.5%)
Germany: -$361.8 million (down -23.6%)
Brazil: -$341.6 million (down -30.4%)
Turkey: -$323.1 million (down -0.3%)
Spain: -$283.5 million (down -18.8%)
Canada: -$239.8 million (down -16.5%)
Italy: -$224.4 million (down -3.5%)
Russia: -$217.1 million (up 21.7%)
Poland: -$186.7 million (down -25.9%)
France: -$182.6 million (down -28.1%)
Below are rubber manufacturing companies that dominate the
worldwide rubber trade, with a focus on rubber tire makers.
Rubber tire makers.
Bridgestone Corp (Japan)
Michelin (France)
Goodyear (United States)
Continental A.G. (Germany)
Pirelli & C. S.p.A. (Italy)
Sumitomo Rubber Industries Ltd. (Japan)
Hankook Tire Co. Ltd. (South Korea)
Yokohama Rubber Co. Ltd. (Japan)
Maxxis International/Cheng Shin Rubber Industrial Co. Ltd.
(Taiwan)
Zhongce Rubber Group Co. Ltd. (China)
These 10 companies accounted for almost two-thirds of worldwide
rubber tire sales in 2015.
According to global trade intelligence firm Zepol, the following
companies are also important players in the rubber industry:
PT PP London Sumatra Indonesia TBK (Indonesia)
Lee Rubber (Malaysia)
Transityre (France)
The Top Famous Rubber Companies
of Rubber Industry In India
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

39. THE TOP FAMOUS TYPES OF RUBBER COMPANY AND RUBBER INDUSTRY IN INDIA
APCOTEX MADRAS RUBBER FACTORY RUBFILA INTERNATIONAL
Apcotex is world Synthetic Rubber in top
companies in India. However, the company
has one of the best and high ranges of
Emulsion Polymers available in the market
places. It also available in the different
types of Synthetic Rubber finds the
application of the process. There are many
products like Printing and Industrial Rollers,
Friction Materials, Belting and Footwear,
Automotive Components, Hoses, Gaskets,
Rice De-husking Rollers and much more. On
another hand, the high range of Latexes
used to Dipping, Construction, Carpet
Backing, Tyre Cord and etc.
Madras Rubber Factory is the world largest
manufacturer of tyres and popular names are
MRF. However, it is one of the best manufacturers
in India. However, there are operating in the
headquarters city of Chennai in Tamil Nadu.
www.mrftyres.com established the 1949 and
ventured in the tread rubber. Of course, the top
company manufactures rubber products
including paints and toys, tubes and conveyor
belts, tyres, treads and much more. Moreover, it
also runs the MRF Pace Foundation and MRF
Challenge in motorsport is managed the best
company. In addition, the industry leaders are
share in the high quality to customers as well as
select the best brand that the market reckons
with strong financially.
The Rubfila International Limited is also
engaged with manufacture and sale the
more latex with rubber thread. Trailer
Transportation in Rubber Industry includes
Outside India as well as more includes the
very effective sales in the domestic market.
There are possible t Talcum Coated and
Silicon Coated Rubber threads are sizes
ranging from 3.1 millimetres diameter to
0.23 millimetres. On another hand, the best
products include with furniture grade
rubber thread, colored rubber threads,
medical applications, rubber thread for
food/meat packing and many more.
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

40. EgyptEgypt
infocus
Egypt, a country linking northeast Africa with the Middle East, dates
to the time of the pharaohs. Millennia-old monuments sit along the
fertile Nile River Valley, including Giza's colossal Pyramids and
Great Sphinx as well as Luxor's hieroglyph-lined Karnak Temple and
Valley of the Kings tombs.
Egypt has one of the longest histories of any country, tracing its heritage back to the 6th–4th
millennia BCE. Considered a cradle of civilisation, Ancient Egypt saw some of the earliest
developments of writing, agriculture, urbanisation, organised religion and central
government. Iconic monuments such as the Giza Necropolis and its Great Sphinx, as well the
ruins of Memphis, Thebes, Karnak, and the Valley of the Kings, reflect this legacy and remain
a significant focus of scientific and popular interest.
Egypt's long and rich cultural heritage is an
integral part of its national identity, which
has endured, and often assimilated, various
foreign influences, including Greek,
Persian, Roman, Arab, Ottoman Turkish, and
Nubian. Egypt was an early and important
centre of Christianity.
Islam is the official religion of Egypt and
Arabic is its official language. The great
majority of its people live near the banks of
the Nile River, an area of about 40,000
square kilometres (15,000 sq mi), where the
only arable land is found. The large regions
of the Sahara desert, which constitute most
of Egypt's territory, are sparsely inhabited.
Egypt Game
Football is the main sport in Egypt; Egyptians gather around to watch
various Egyptian clubs and the Egyptian national football team play on an
almost daily basis. El Ahly and El Zamalek are amongst the most popular in
the country, both of which are based in Cairo. Both teams compete in the
Egyptian Premier League, the highest tier of Egyptian football. These two
teams compete in the Cairo derby.
Egypt is bordered by the Gaza Strip (Palestinian territories) and Israel to the northeast, the
Gulf of Aqaba and the Red Sea to the east, Sudan to the south, Libya to the west, and the
Mediterranean Sea to the north. Across the Gulf of Aqaba lies Jordan, across the Red Sea lies
Saudi Arabia, and across the Mediterranean Sea lie Greece, Cyprus and Turkey, although
none of these share a land border with Egypt.

41. Economy
Naturally Rich
Egypt is home to a wide variety of animals and
plants, including jackals, gazelles, crocodiles, and
cobras. The best places to see Egypt's wildlife are
in its more than 20 protected regions, which
include oases, deserts, mountains, coastal areas,
river islands, and wetlands.
Egypt is a unique country lying simultaneously in
two parts of the world. One part of the territory is
in North Africa, and the other is on the Sinai
Peninsula belonging to Asia.
The economy of Egypt was a highly centralized economy focused on import substitution under President
Gamal Abdel Nasser. In the 1990s, a series of International Monetary Fund arrangements, coupled with
massive external debt relief resulting from Egypt's participation in the Gulf War coalition, helped Egypt
improve its macroeconomic performance.
RENEWABLE RESOURCES
GDP –By Sector : agriculture: 11.7%,industry: 34.3%,services: 54%
Exports : $23.3 billion (2017 est.)
Exports - commodities: crude oil and petroleum products, cotton, textiles, metal products, chemicals,
agricultural goods
Exports - partners: United Arab Emirates 10.9%,Italy 10%,United States 7.4%, United Kingdom
5.7%,Turkey 4.4%, Germany 4.3%, India 4.3
Imports : $59.78 billion
Imports – commodities: machinery and equipment, foodstuffs, chemicals, wood products, fuels
Imports - partners: China7.9%, United Arab Emirates 5.2%, Germany 4.8%,Saudi Arbia 4.6%,United
States 4.4%,Russia 4.3%
MainIndustries: textiles, food processing, tourism, chemicals, pharmaceuticals, hydrocarbons,
construction, cement, metals, light manufactures
Egypt possesses an abundance of land, sunny weather and high wind speeds, making
it a prime location for renewable energy sources. The renewable energy equipment
market is potentially worth billions of dollars. The Government of Egypt is cognizant of
the need for a sustainable energy mix to both address increasing demand, and to move
to a more environmentally sustainable and diverse electricity sector. The 2035
Integrated Sustainable Energy Strategy, which builds on previous strategies,
emphasizes the importance of renewable energy. Egypt intends to increase the supply
of electricity generated from renewable sources to 20% by 2022 and 42% by 2035,
with wind providing 14 percent, hydro power 2 percent, and solar 25 percent by 2035.
The private sector is expected to deliver most of this capacity.

42. Culture
Egypt has a rich history and culture dating back
thousands of years, starting with the Pharaonic
culture, then Christianity and Islam. Egypt is
among the earliest civilizations. Its culture has
been affected by many other cultures and ethnic
groups who either lived in or invaded the
country, creating a melting pot. Arabic is Egypt's
official language, it came to Egypt in the 7th
century,and the Egyptian Arabic dialect today has become the modern speech of the country become the
modern speech of the country. Of the many varieties of Arabic, it is the most widely spoken second dialect,
due to the influence of Egyptian cinema and media throughout the Arabic-speaking world. Egypt's
position in the heart of the Arab world has also had reversed influence, adopting many words, phrases, and
proverbs from neighboring Arabic speaking areas such as the Maghreb area and the Mashriq. Today the
daily Egyptian Arabic adopted several French, Italian, Greek, Turkish, Armenian and English words to its
dictionary, as well as keeping several other words from its own ancient languages such as Coptic and
Demotic.
Transportation
Transport in Egypt is centered in Cairo and largely follows the pattern of
settlement along the Nile. The Ministry of Transportation and other
government bodies are responsible for transportation in Egypt, whether by
sea, land or air.
With regards to rail, air and waterway travel, the main line of the nation's rail
system follows along the Nile river and is operated by Egyptian National
Railways. In addition to overseas routes, Egypt Air provides domestic air
service to major tourist destinations from its Cairo hub.
People still travel via the Nile, mainly between Cairo and Aswan. The Suez
Canal is a major waterway for international commerce and navigation,
linking the Mediterranean and Red Sea. Major ports are Alexandria, Port Said,
Damietta on the Mediterranean and Suez and Safaga on the Red Sea..

43. Egypt is the 62nd largest export
economy in the world and the
72nd most complex economy
according to the Economic
Complexity Index (ECI). In 2017,
Egypt exported $30.1B and
imported $64.1B, resulting in a
negative trade balance of $34B.
In 2017 the GDP of Egypt was
$235B and its GDP per capita
was $11.6k.
Egypt has been
traditionally one of India's
most important trading
partners in the African
continent. The India-
Egypt Bilateral Trade
Agreement has been in
operation since March
1978 and is based on the
Most Favoured Nation
clause and the bilateral
trade has increased more
than five times in last ten
years.
Investment in Egypt
Productive Promotion and Attraction of Foreign Investment Law
What are the benefits for new investments in basic industries?
Prior to the political crisis, Egypt was a very attractive Middle Eastern market for FDI. The dynamic
growth of the Egyptian economy (around 7% before the crisis), its strategic geographical position,
low labour costs, skilled workforce, unique tourist potential, substantial energy reserves, large
domestic market and the success of the reforms undertaken by the authorities (including many
privatisations) all sharply drove up FDI. The regional context must also be taken into account, as
Egypt benefited from abundant liquidity coming from the Gulf States. FDI decreased sharply as a
result of the global economic crisis and following the socio-political revolution of 2011, but has
been growing since at a steady rate, until 2017. According to UNCTAD's World Investment Report
2019, inward investment flows decreased by 8.2% between 2017 and 2018.
This year Egypt ratified a landmark investment law that will modernize and reduce barriers to how
international companies invest and operate in Egypt. The measure will expand economic growth,
domestic production, exports and foreign investment, and is designed to boost employment
opportunities and increase Egypt's competitive edge across the region. The law is also expected to
ensure equality of opportunity, empower youth, protect the environment and public health, and
enhance good governance and transparency.
Under the new Law, starting an investment will be exempted from stamp tax, most governmental
expenses, and land/property registration expenses. More importantly, the Law stipulates that
customs on all equipment and materials required for the manufacturing and establishment of
investment projects will be decreased and unified at a rate of 2%.
Egypt has recently witnessed a set of developments to encourage and attract investments, on top
of which are the issuance of the new Investment Law, the approval of the law on Regulating the
Activities of Gas Market, the issuance of the executive regulations for the Law of Facilitating the
Procedures of Licensing the Industrial Establishments as well as the Finance Lease and Factoring
Law, amendments in the Companies and Capital Market Laws, and cancelling the law of (Soukok)
bonds.
Major industrial products included textiles, chemicals (including fertilizers, polymers, and
petrochemicals), pharmaceuticals, food processing, petroleum, construction, cement, metals, and
light consumer goods.
Experience &
Discipline
SMARTER
INVESTING:
INDIA EGYPT
RELATIONS
Consulate General
of Egypt
101 Benhur Apartments, 32,
Narayan Dabholkar Rd,
Navshanti Nagar, Malabar Hill,
Mumbai, Maharashtra 400006
IMPORT-EXPORT

45. UPCOMING GIBF EVENTS
PLASTIVISION INDIA 2020
BIHAR CARNIVAL, 2020
A premium Carnival & Expo showcasing all different sector product
manufacturing companies & service sector industries. The Principal
objective here is to organize huge scale show which matches the
glamour of the Market in Bihar. Bihar is 13th largest state by area and
the 3rd largest by population. It holds significance because of its
ancient monuments and tourist attractions. Besides being a Buddhist
circuit, Bihar has many things worth knowing. Patna the capital of
Bihar ranks amongst the fastest developing cities of India.
We provide a space to reach out and establish contact with the people
who matter in the plastic industry. It doesn't matter what size is your
organization - you can strengthen your brand's reputation by making
your presence felt at PLASTIVISION INDIA 2020. Use the event to
showcase a new or existing product to the world.
The exhibition today has become the platform for companies to launch
new products, grow their network within and outside the industry, learn
new technologies and exchange ideas on a global level. Such is the
influence of the show that today it is ranked amongst the top 10 plastic
industry events globally.
The capital city has a rich cultural and historical heritage dating back to
600 B.C. It had an estimated city population of 1.68 million in 2011,
making it the 19th largest city in India. The World Bank ranked Patna
second in India (after Delhi) for ease of starting a business. Patna's per
capita gross domestic product is 1,06,000 ($1581). Using figures for
assumed average annual growth, Patna is the 21st fastest growing city
in the world and 5th fastest growing city in India according to a study.
91 99303 [email protected]
8530276006/9545453350 [email protected]
Event Date
Event Date
16-20 Jan, 2020
07-09 February, 2020
Event Venue
Event Venue
Bombay Exhibition Centre, Mumbai
The all India Plastics Manufacturer’s
Association
Gandhi Maidan, Patna, Bihar, India
Galaxy Cinevision
Organiser
Organiser
8530276006/9545453350 [email protected]
9999678536
[email protected] / [email protected]
GIBF
e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS

46. e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS
After the successful 1st Edition of Maha Stationery Expo in Kolhapur,
now we are taking his to the next level with 200+ Stationers Brands.
This is supposed to be central Indias only Stationery Show with a
target of 15000+ Trade Visitor scheduled in the best buying Month of
February.
Welcome to the 3rd International Conference on Future of Women
2020 to be held from 13th – 14th February 2020 in Bangalore, India
organized by the International Institute of Knowledge Management
(TIIKM). Internationally renowned speakers, academicians,
researchers, women activists, policymakers and delegates from
worldwide will participate in the conference to discuss women issues
and empower women in a global context by offering inspiration,
motivation and networking. The theme for the Future of Women 2020
is “The Next Generation of Women: Equal Rights, Equal Opportunities,
and Equal Participation.
The centrally Located venue just adjacent to the Sitabuldi Metro Station
and less than 2 Km from Nagpur Railway Station this place is the most
prefered destination for the 2nd Edition.
For the next generation of women, we unapologetically seek
appropriate measures to ensure the full development and advancement
of women and to safeguard their civil, legal and human rights. The
theme for the Future of Women 2020 is “The Next Generation of Women:
Equal Rights, Equal Opportunities, and Equal Participation. For the next
generation of women, we unapologetically seek appropriate measures
to ensure the full development and advancement of women and to
safeguard their civil, legal and human rights.
Event Date
Event Date
07th-09th Feb, 2020
13th – 14th February 2020
Event Venue
Event Venue
Glocal Square, Sitabuldi, Nagpur,
Maharashtra 440012, India
Ramada Yelahanka hotel Bengaluru, India
CAVOK SERVICES
The International Institute of Knowledge
Management (TIIKM)
Organiser
Organiser
MAHA STATIONERY EXPO - NAGPUR
THE 3RD INTERNATIONAL
CONFERENCE ON FUTURE OF
WOMEN 2020
MAHA
STAT ONERY EXPO
NAGPUR - 2020
CENTRAL INDIA’S FIRST STATIONERY EXPO
INTRODUCING
FEBRUARY 2020
7 8 9
GLOCAL SQUARE,
SITABULDI, NAGPUR
10 AM - 06 PM
FRISATSUN
Corporate & Promotional | Education And E-learning Cd’s | Writing Instruments
School & Office Stationery | Files & Folders | School Bags | Book Publishers & Printers
Sports Items | Trophies | Educational Toys | Educational Charts | Handicrafts
Exhibitors Profiles
8530276006/9545453350 [email protected]
9579478787 [email protected]
CaVoK
Services
Organised By

47. e- Magazine : Up to date business news and inspiring stories

Global India Business Forum
ACTION DELIVERS RESULTS
THE BUSINESS
www.GIBF.biz | www.TheBusinessTycoons.com
TYCOONS
Event Date
Feb 28th-29th-01st Mar, 2020
Event Venue
Hall No. Bombay exhibition,
Center Mumbai
BRANDSUN PROMOTION
Organiser
INDIA INTERNATIONAL BEAUTY
FAIR 2020
India International Beauty Fair is not just a major showcase of beauty
products, but also the showcase of beauty and wellness trends,
beauty services, packaging and labelling solutions. This fair is
scheduled to be held from February 28 - 01 March, 2020. This event
encompasses cosmetics, all the products and, Aerosols/ Dispensers,
Wigs & Hair Pieces, Combs & Brushes, Detox & Slimming, Services for
Hair, Skin, Body and Eye Care, Soaps and Detergents in all Forms.
All the Essential Oils, Perfumes, Incense Sticks, Flavors and Fragrances,
Wellness Centers, Pools, Spas, Potpourri Sachet of Perfumed Flowers.
Perfumed Candles and other related products used in SPAs,
Naturopathy, aromatherapy, anti-aging products, whitening products,
Beauty products for men & women, Medical Beauty Treatment,
Slimming products, Health related services, Wedding accessories,
packaging & wrapping material, Ribbons, etc.
Contact: [phone]
Email: vxsupport@verificationx.com
All Employees
Contractual staff
Contractors
Vendors or Suppliers
Service Providers
CORPORATE INDIVIDUAL SERVICES
Self Verification
Matrimony
Drivers
Nannies
Home Rentals
Security Guards
Cleaning Services and
Domestic Help
Service Providers
(Plumber, Electrician etc.)
Residential Address
Verification
Character Reference
Verification
Employment Record
Verification
Academic Record
Verification
Criminal Record
Verification
Court Record Verification
Global Database Search
Medical Tests, Drug Test etc.
ID Verification
Social Network, Media &
Online Search
erificationx .com
F I n d I n g F a c t s . . . R e v e a l I n g T r u t h

48. Office No.16, 3rd Floor,
Primrose -The Mall,
Baner Road, Pune - 411045.

#04-233, Blk 767,
Bedok Reservoir View,
Singapore - 470767.
E-22, B-1 Extension,
Mohan Cooperative Industrial Estate
Badarpur New Delhi 110040.
India
Office No-O108, Abdulla Al,
Subai Building, Oud Metha,
P.O.Box-120875. 4th H/F. 428 Building,
3rd Bagua Road,
Futian District, Shenzhen.
[phone]
- Global Offices -
Head Office
China
United KingdomUSA
Dubai
17 Spaniel Ct,
Kendall Park,
NJ 08824 New Jersey.
26 Barrett Street,
Smethwick West,
Midlands,B66 4SE.
Singapore