Category Archives: Business & Economy

Korean Chamber of Commerce opened

Industries Minister M.C. Sampath on Monday told a delegation of Korean companies that the State would continue to offer attractive incentives if they wanted to invest here.

Offer of incentives

“Post Goods and Services Tax (GST) also, the State is willing to offer attractive incentives. We also invite more Korean firms to participate in the upcoming Global Investors’ Meet and increase Korean investments in the State” he said, while delivering his address at the inauguration of the Korean Chamber of Commerce & Industry in Southern India.

Industries Secretary K. Gnanadesikan said that the State was restructuring incentives to industries post-GST on a case-by-case basis.

Kwi Ho Shin, Chairman, Korean Chamber of Commerce & Industry in Southern India, said the idea behind opening a Chamber of Commerce in south India was to bring together all the Korean firms in this region. “There are 350 Korean firms in Tamil Nadu,” he said.

According to statistics released by the Chamber, there are 450 Korean firms in south India and 6,000 Koreans in this region. The prime objective of the chamber is to promote the rights of Korean companies and create jobs for the young Koreans. The chamber has also indicated that with this the relationship between Korea and Tamil Nadu will be strengthened further.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Chennai / by Staff Reporter / Chennai – June 05th, 2018

Chennai developer reimagines the calculator, wins Apple design award

WWDC 2018: Calzy, an elegantly designed calculator app, by Chennai-based developer Raja Vijayaram won the Apple Design Award.

Apple WWDC 2018: Chennai-based developer Raja Vijayaram won the Apple Design Award for his app
Apple WWDC 2018: Chennai-based developer Raja Vijayaram won the Apple Design Award for his app

It was a surprise Raja Vijayaram will never forget. When he packed his bags for Apple WWDC from Chennai, Raja has no idea he would be on stage receiving an Apple Design Award on Day 1 of the developer conference. His app Calzy, an elegantly designed calculator app, had been picked up by Apple for the awards and Raja had been flown in to San Jose without being told that he was a winner. So there Raja was on stage in his Rajnikanth T-shirt with the world watching his reimagining of the calculator.

“I had no idea. I thought I would be meeting people at WWDC,” says the unassuming man from Chennai. In fact, Raja’s story is a fascinating one. A mechanical engineer from Theni, he switched over to VFX a few years on and moved to Chennai where he worked on a few movies, even some starring Rajinikanth  himself. “That’s when I bought my first iPhone and used apps. I taught myself about apps and even learnt to code,” says Raja, who is not sure if his time as a graphics artist is helping with his design thinking.

Either way, it is the out-of-the-box design concept behind Calzy that is blowing everyone away. In fact, Raja’s calculator is as simple as a calculator can be and there is nothing there that does not need to be there. So he removed the memory functions and created his own flow for the same with drag and drop. He’s also added an expression view, where you can see all the steps you are following. There is a scientific calculator too, but hidden away behind settings which is pulled up using 3D touch.
The Calzy 3 app is priced Rs 159 and is available only on iOS, but across works across all Apple devices from the Mac to Apple Watch. In fact, the app from Raja’s WapleStuff works as a Today Widget and even an iMessage extension.

Another interesting feature is the bookmark option for earlier calculations you might have done, along with the ability to put those behind a password. Also, everything about the app is customisable and you can even set a button to calculate a specific tax on the amount.

Raja’s Calzy app was launched in 2014.
Raja’s Calzy app was launched in 2014.

Raja is a one-an army and does everything himself. Calzy was first launched in 2014 and the latest version is a full revamp of the earlier one. Though flooded by requests for more features, Raja is certain he wants to keep it as simple as possible. This calculation is clearly working for Calzy.

Disclaimer: The writer is in San Jose attending WWDC 2018 at the invite of Apple India

source: http://www.indianexpress.com / The Indian Express / Home> Technology> Social / by Nandagopal Rajan / June 06th, 2018

Coimbatore youth gets National Gopal Ratna award

A. Dhiraj Ram Krishna (second right) receiving the National Gopal Ratna award from Union Minister for Agriculture and Farmers' Welfare Radha Mohan Singh (second left) in New Delhi on Sunday in the presence of Minister of State Krishna Raj (left). | Photo Credit: HANDOUT_E_MAIL
A. Dhiraj Ram Krishna (second right) receiving the National Gopal Ratna award from Union Minister for Agriculture and Farmers’ Welfare Radha Mohan Singh (second left) in New Delhi on Sunday in the presence of Minister of State Krishna Raj (left). | Photo Credit: HANDOUT_E_MAIL

The engineering graduate received the award for upkeep of best dairy animals of indigenous breeds

A young engineer from Coimbatore has won an award from the Central Government on June 2 for cattle rearing and dairying.

A. Dhiraj Ram Krishna received the ‘National Gopal Ratna’ award from Union Minister of Agriculture and Farmers’ Welfare Radha Mohan Singh in New Delhi for ‘upkeep of the best dairy animals of indigenous breeds’.

The 24-year-old award winner, who holds a B.E. in Production Engineering, ventured full time into dairy business soon after he completed his studies in 2017. “When I wanted to do business, I set sight on dairy. It was a natural choice as cattle has been at home since birth.”

He had stepped into dairy business even when he was pursuing his second year of engineering. It was in a small way, selling milk.

The Periyanaickenpalayam resident says he started with 10 cattle and now has 50, including 10 Gir cows and bulls and 40 cross-bred varieties. The cows give around 250 litres milk a day and he buys another 200 litres to sell to residents in and around the area.

When he started, there was not much opposition from parents, says Mr. Krishna. “Parents only asked me to think twice before venturing into the business. And, when I told them that I’ve made up my mind, they were very supportive.”

He says he did not undergo a course or workshop but learnt dairying on the job. “When it is driven by passion, you tend to learn it and that is how it has been for me.”

He has set up a processing plant to process milk and engages 15 to 20 people on part and full-time basis.

Under the ‘Ganga Milk’ brand, Mr. Krishna also sells curd, ghee and paneer, which he says are distributed throughout Coimbatore.

He has set up a few collection centres in and around Periyanaickenpalayam for farmers to sell their milk and plans to set up a few more in the neighbourhood as he aims to sell at least 1,000 litres milk a day by the December 2018.

The ‘National Gopal Ratna’ award has encouraged him to achieve the target and given ₹ 5 lakh, which he plans to invest for expanding the business.

His father P.R.G. Arunkumar is the Member of Legislative Assembly from Coimbatore North and an AIADMK district secretary as well.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Coimbatore / by Karthik Madhavan / Coimbatore – June 04th, 2018

Cobbler’s on call

Cobbler01CF03jun2018

Flying Cobbler picks up worn-out leather footwear from your doorstep, and drops it back refurbished

For the past few months, student entrepreneur Pranavnath G has been working round the clock with his college-going younger brother, Kishen G. Together, they launched Flying Cobbler which makes cobbler services possible at the customer’s doorstep.

“Of late we see very few cobblers mending old footwear by the roadside. Most of us who possess branded, quality leather shoes are left with no service when it comes to refurbishing or repair. If repair services are offered, they cost almost as much as buying a new pair would,” says Pranavnath, who is pursuing his final year MBA at VIT B-School.

Pranavnath first began working on this project — particularly the business model — for the international youth festival, conducted by the Urban Development Ministry at his college campus in 2017.

Cobbler02CF03jun2018

“I bagged the second prize and received the award from Kiran Bedi. This motivated me to further study the market and analyse the prospects, and finally launch Flying Cobbler two months ago,” he says.

He began by distributing flyers door-to-door in some parts of ECR. “Customers started giving us gunny bags full of footwear of the entire family to be repaired,” he recounts, and that was all his business needed to really take off.

Cobbler03CF03jun2018

“We specialise in branded leather shoes and ladies sandals. As a value addition, we also take up repair of artificial leather, anti-fungal treatment and polishing,” says Pranavnath. Dealing with leather is nothing new to this young entrepreneur, whose dad Guha Shankar B is a finished leather goods exporter.

Cobbler04CF03jun2018

 

Cobbler05CF03jun2018

Flying Cobbler has set up its unit in Alandur, where the collection boys bring in the footwear detailed notes for each pair. “The notes is handed over to the senior supervisor, Venkatesh, who is also the expert shoemaker/cobbler, and based on that he will work. I have also roped in a few cobblers who were working on the roadside to join the team, and they now get paid a monthly salary. They undergo training under Venkatesh,” he says.

Flying Cobbler works on all days of the week. To schedule your pick up, call 9500145832.

source: http://www.thehindu.com / The Hindu / Home> Life & Style> by Chitra Deepa Anantharaman / June 02nd, 2018

At 90, Lifco keeps the press busy

A welcome address being read out in Sanskrit when Kanchi Acharya visited Lifco on March 30, 1958.
A welcome address being read out in Sanskrit when Kanchi Acharya visited Lifco on March 30, 1958.

Pre-Independent publishing firm continues to roll off useful, affordable books

In the 1920s when literacy levels were not high, a man hailing from a conservative family in Cuddalore with encouragement from his school principal printed books and supplied them widely. Thus was born The Little Flower Company or Lifco, which is 90 now and still publishing books that delight readers.

“My grandfather V. Krishnaswamy Sarma would print books in presses that were under British control at night and take out slim volumes on learning English on his bicycle. The books were priced very low and if people could not afford them, he would give them for free. His lone aim was to educate people and not make money out of it. When he was in Secunderabad in government service and fell ill, he and my grandmother decided they have to do something for the public,” explained T.N.C.Vijayasarathy, Chairman of Lifco.

“After Independence, he started his own printing press and in 1950 he decided to bring out the English-English-Tamil and released it. It was just ₹2 then. Subsequently, he brought out dictionaries in other regional languages. We keep the price of publications as low as possible. The basic dictionary today is just ₹60,” he added. After the dictionary, there was a spate of books, including their still popular Great Little Books (pocket-sized publications on grammar, speaking and communication) that used to cost 1 anna each and are now priced only ₹10 each. There were books on how to repair and maintenance your bicycle, your homes, the typewriter and even one on how to bring up a child! He brought out easy reference guides for school and college students.

After publishing 728 titles, including 10 varieties of dictionaries, and despite increasing paper cost, Lifco wants to continue serving readers.

“We are heading towards digitisation. We plan to open stores where people can walk in, read a book and if they want buy one. My grandfather always wanted his customers to read books. We are working on a grand dictionary, two volumes of it,” Mr. Vijayasarathy said.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Chennai / by Deepa H. Ramakrishnan / Chennai – June 02nd, 2018

German major Freudenberg invests IRs. 210 crore in Chennai unit

Georg Graf (right), Freudenberg Regional Representative India, and Sanjib Das, CEO and Director, SIGMA Freudenberg NOK Board, at a press conference in Chennai.- BIJOY GHOSH
Georg Graf (right), Freudenberg Regional Representative India, and Sanjib Das, CEO and Director, SIGMA Freudenberg NOK Board, at a press conference in Chennai.- BIJOY GHOSH

Chennai :

Germany-based global technology group Freudenberg is investing 210 crore in greenfield production unit near Chennai to manufacture sealing products for automotive and other sectors.

The new facility is part of the group’s long term growth strategy in the Indian market and also its plans to tap the emerging opportunities in the automotive sector.

The unit, which is being built on a 13-acre site at Vallam Vadagal near Chennai, is expected to be ready by the first quarter of 2019.

“We have secured all the necessary support from the State government agencies. This project will supply sealing solutions to all major auto units in this region,” George Graf, Regional Representative India, Freudenberg, said here.

For the €9.3-billion Freudenberg Group, automotive is a major business segment in the country which accounts for over 60 per cent of its total revenue in the country. In 2017, Freudenberg India’s revenue grew by 25 per cent at 2,768 crore. It has been growing at 20 per cent over the past five years and expects to record higher growth rate in the next few years, supported by strong growth outlook in its existing businesses and also by entering into new business segments. Graf said the Group was aiming to balance its portfolio further towards generating one-third of sales each in Asia, North America and Europe. The Indian market is expected to play a significant role in terms of sales and strategic growth in the region.

The Group has 14 production sites and six R&D centres in India with staff strength of about 2,700.

source: http://www.thehindubusinessline.com / Business Line / Home> News / Chennai – May 31st, 2018

Award for village panchayat

N. Gopinath, Assistant Director of Rural Development (village panchayats) handing over the award to Rohini R. Bhajibhakare, District Collector, in Salem on Monday.
N. Gopinath, Assistant Director of Rural Development (village panchayats) handing over the award to Rohini R. Bhajibhakare, District Collector, in Salem on Monday.

The A. Pudur village panchayat in Magudanchavadi Panchayat Union has won the Nanaji Deshmukh Rashtriya Gaurav Gram Sabha Puraskar for 2016-17 for its effective implementation of various projects with people’s participation.

The award was given by the Union Ministry of Panchayati Raj.

A.Pudur is the only village panchayat in the State to win this prestigious award. N. Gopinath, Assistant Director of Rural Development (village panchayats), received the award on behalf of the District Collector at a function held in Jabalpur in Madhya Pradesh recently.

The Prime Minister, Narendra Modi, presided over the function.

The Union Ministry of Panchayati Raj gives the award to village panchayats for their outstanding contribution to the socio-economic development by involving gram sabhas.

Mr. Gopinath handed over the award to Rohini R. Bhajibhakare, District Collector, at the Collectorate here on Monday.

R. Sukumar, District Revenue Officer; N. Arul Jothi Arasan, Project Director, District Rural Development Agency; Tamil Selvan, Block Development Officer, Magudanchavadi panchayat union; P. Muthu, secretary of the A. Pudur village panchayat; were present on the occasion.

The Collector called upon all the panchayats in the district to take effective steps for winning similar awards in the near future by effectively implementing government projects with public participation.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Coimbatore / by Special Correspondent / Salem – May 28th, 2018

Two new coir clusters to provide jobs to 320 artisans

The two new coir clusters recently set up at Uthiyur and Puliyampatti through government and beneficiary contributions is all set to provide employment to 320 artisans and increase the turnover from the said regions by ₹10 crore this financial year.

The targeted developments in terms of revenue and employment are planned to be achieved by undertaking cluster development activities to the tune of ₹8.55 crore, which would be a combination of grants from Union government and beneficiary contributions.

Of the outlay, the government grant portion was ₹5.78 crore.

“We are aiming to increase the turnover from the Uthiyur region from the present ₹27.6 crore to ₹31.74 crore before the end of the current fiscal year through an annual production of 8,760 tonnes of matting and biodegradable coir geo textiles like soil erosion control woven blankets”, Anitha Jacob, deputy director of Coir Board, which is the nodal agency of cluster activities, told The Hindu.

Similarly, the cluster activities at Puliyampatti region would be catapulting the turnover from the present ₹34.06 crore to a projected ₹39.16 crore in the current financial year through a combination of exports as well as domestic sale of products like coir pith and coir growbag.

Common facility centres

As part of the cluster activities, common facility centres were set up at both the clusters where the artisans could collectively use provisions such as fibre extraction equipment, growbag manufacturing gadgets and pith block making facility, among others.

The numbers of units involved in the manufacturing of various coir products too were expected to go up by another 10 to 20 units in each of the clusters because of the enhanced support.

Special purpose vehicles

To streamline activities, Special Purpose Vehicles have been constituted in two clusters with the representation of beneficiaries and officials from the Coir Board and ITCOT Consultancy Services.

source: http://www.thehindu.com / The Hindu / Home> News> Cities> Coimbatore / by R. Vimal Kumar / Tirupur – May 28th, 2018

The jasmine with a GI tag

Madurai malli | Photo Credit: G. Moorthy
Madurai malli | Photo Credit: G. Moorthy

It’s a hot, uninviting terrain but it is here that the Madurai malli thrives and grows

Off the Madurai-Aruppukottai highway, a little away from the airport, a road winds through solitary palm trees. On either side is burnished landscape in various shades of brown glistening in the summer sun. Shielded within this terrain are acres and acres of fields dotted with dark green plants — the Madurai malli. Groups of women are at work, plucking flowers and weeding, and by 10 a.m., they are done for the day.

“A good worker can make about ₹7,000 a month,” says M. Ramar, 42, who owns about 12 acres of land in the tiny village of Melaupplikundu. His wife, Lakshmi, also works with the women in the fields, and their day begins as early as 3 a.m. Armed with headlamps, they make their way to the farm to pick the plump white buds and don’t stop until it’s time for the morning rice gruel.

By 10 a.m., Ramar completes five trips to the flower market in Villapuram, carrying 20 kilos of flowers on his motorcycle. It’s about 20 km from his village to the market, and Ramar zips on the highway. Even the smallest delay can cause the buds to unfurl in the heat.

Ramar is one of the hundreds of farmers in the district that’s famous for the Madurai malli, the jasmine with a GI tag. Madurai and Dindigul together have some 2,000 hectares under cultivation.

But Madurai is only the second home of the eponymous flower. Its birthplace is actually a tiny village called Thangachimadam on Rameswaram island, some 160 km or four hours away.

****

It all began in the summer of ’50. Betel leaf armer T. Subbiah Kumar stepped out of his home in the blinding light. The cool sea breeze had long dissipated and Thangachimadam, just 3 km inland, was simmering. Farmers in this little speck of a village lived off the cultivation of betel leaves. Lost in thought, Kumar made his way to the farm. Of late, men from the island had been steadily leaving for the mainland in search of work. Betel leaf cultivation being labour intensive, Kumar was finding the going hard. He planned to visit Coimbatore Agricultural College soon, hoping to get a new high-yielding variety.

___________________________

The paper trail
  • In 1962, The Hindu started using an Indian Airlines special flight to transport bundles of the newspaper to the temple town of Madurai. By September the next year it had bought its own aircraft, a Heron. The then small military airport in Madurai was used to land the plane and offload the bundles. As the aircraft had to return empty, it struck someone that jasmine flowers could be loaded in it for the export market. Nagarathnam of S.N. Exports chuckles. “It was The Hindu that opened up the world market for Madurai malli.”

_____________________________

The visit did take place and it changed not just Kumar’s life but also the landscape of Thangachimadam. In the agricultural college, he saw a jasmine plant being layered and, on a whim, brought back one sapling for the women at home. Once the plant grew, instead of propagating it using the layering method, he just cut a stem and plonked it a little distance away.

In a few weeks he was stunned to see the stem sprout a lush growth of tiny new limbs. In no time, his farm was teeming with rows and rows of jasmine saplings. At this time, jasmine farmers in Madurai and its peripheries were using only the layering method to propagate the flower. It took a long time for the plant to take root in the gravelly earth with its thick under-layer of clayey soil. Though the perfume was heady, the flowers were few and enough only to supply the local market.

One day, S. Nagarathnam, a flower-seller’s son who owned a few acres of farmland in Madurai, stumbled upon the Thangachimadam saplings. He planted a few on his plot and found that not only did they take root immediately, they also flowered profusely.

According to Kumar’s son Thavasi, who now runs a nursery in Thangachimadam, this realisation was the eureka moment for the Madurai malli. As we talk, he bends down to tug at a little sapling and uproots it for me to see. There is one primary root hidden in a maze of secondary roots. The sandy terrain and loose soil help the roots penetrate deep and proliferate. Till the saplings take root, coconut fronds are woven and layered like a shamiana to protect them from the harsh sun.

MaduraiMalli02CF28may2018

Once fresh leaves spring forth, the fronds are removed and the plants bask in the heat. In three months, the saplings are uprooted, tied in bundles, and sent for replanting, some as far away as Mumbai.

But without a doubt, the jasmine is at its seductive best only in the hinterlands of Madurai. Replanted here, the hundreds of secondary roots cling to the gravelly soil while the primary root goes deep into the clayey soil. In this uninviting terrain, the Madurai malli is reborn, hiding a heady perfume within its thick petals.

****

It is in summer that jasmine thrives. Of course, the plants need plenty of water. Like other farmers, Ramar too has deepened his borewell and invested in drip irrigation. The regulated supply helps the plants, he says.

A three-acre plot is divided into three sections, with plants in one acre watered for 10 days continuously. On Day 11, the buds are ready for harvest. The plants flower continuously for the next 20 days. On Day 20, the second acre is watered and by the time the first acre stops flowering, the second begins to bloom. As Ramar says, flowering is continuous in summer; daily average yields can be 9 kg per acre. The regimentation maintains a steady supply to the market.

Summer showers can be scary though, says Ramar. If it rains two days at a stretch, the flowering is prodigious, leading to a glut in the market. From mid-December to mid-February, when mist covers the region, the plants lie dormant. An occasional bud or two may be healthy enough to fetch the farmers a good price.

****

The Madurai malli hides a heady perfume within its soft petals. | Photo Credit: G. Moorthy
The Madurai malli hides a heady perfume within its soft petals. | Photo Credit: G. Moorthy

Madurai malli is a capricious child, says Nagarathnam, 70, proprietor of S.N. Exports, as he lovingly scoops out a handful of blooms from a sack. It is 6.30 a.m. and the flower market at Villapuram is bustling. Farmers carrying sacks of flowers enter the market, which is located in the middle of a housing board colony and roofed with corrugated sheets.

Nagarathnam’s grandson Mahesh, an engineer who left his job in Saudi Arabia to look after the family business, sits at a table on a raised platform. Weighing the flowers brought in from various parts of Madurai, he and a few others place half a kilo each of the tight buds into plastic baskets.

In an hour, P. Mukamma, 65, arrives, carrying a little tiffin-carrier, picks up a basket, and settles down against a pillar to start stringing the buds together. She is soon joined by about 50 other women, all stringing jasmine.

In another corner, some men are busy soaking gel sheets in water. Once the little chambers in the sheets puff up, they are placed in a refrigerator. By 11.30 a.m, P. Pothiraja, 28, is at his desk, readying thermocol cartons. Some men wrap the buds, now all in strands, in thick paper sheets, while others pack them in plastic bags.

These are all brought to Pothiraja who lines the thermocol cartons with butter paper and frozen gel sheets before putting in the precious cargo. Within the next hour, the cartons are on their way to Madurai airport from where the flowers will fly to Singapore, Malaysia, Dubai, Canada and the U.S. Two tonnes of jasmine are exported every day.

N. Karthikeyan, Nagarathnam’s son, says the packaging is good enough to survive the long journey, and the buds do not bloom until the carton is opened, and sometimes not till two whole days later. But exporting is risky business, and Karthikeyan recalls the time an entire consignment to Dubai went to waste after a worm was discovered nestling in the flowers. But business is otherwise good, he says, and as long as women love flowers and people need them for pujas and weddings and parties, there will always be a market for the Madurai malli.

beulah.r@thehindu.co.in

source:http://www.thehindu.com / The Hindu / Home> Field Notes> Society / by Beulah Rose / May 26th, 2018

Tradition, innovation to fore at national paddy fest

A child, along with farmers takes a look at the tradional paddy varieties on display
A child, along with farmers takes a look at the tradional paddy varieties on display

Trichy :

Farmers exchanged traditional paddy varieties, shared their experiences and discussed the necessity to conserve and cultivate traditional paddy varieties at the 12th National Paddy Festival which commenced in Tiruvarur district on Monday.

Addressing hundreds of farmers from across the country who are attending the two-day festival, Nabard chief general manager Padhma Raghunathan said that the bank has been encouraging not just organic cultivation but innovative ideas from farmers. The need of the hour was to take cultivation of traditional paddy varieties to neighbouring states also.

Leaders of various farmers’ bodies like Ambalavanan, R Sridhar and Ushakumari from Kerala, Durai Singam of the NGO ‘Create’, Tamil Nadu Vanigar Sangangalin Peravai president  T Vellaiyan and progressive farmers from Tamil Nadu, Karnataka, Andhra Pradesh, Kerala and Puducherry participated. Experts delivered lectures on organic farming, traditional varieties and preservation of soil health among other things. The participants took a pledge to preserve organic and natural farming practices, besides conserving the environment.

The festival was organised by ‘Nel’ R  Jayaraman, who has revived around 170 traditional paddy varieties as part of the Save our Rice (SoR) Campaign aimed at conserving traditional varieties of paddy. Traditional paddy varieties such as Karun kuruvai, Neeladi Samba and Maappillai Samba besides herbs, agriculture equipment and traditional food varieties, green manure, guides as well as manuals for organic farming have been exhibited too. Earlier, a rally led by organic farming expert Nammalvar and followed by farmers carrying traditional agriculture equipment such as plough, spade etc was taken out.

source: http://www.timesofindia.indiatimes.com / The Times of India / News> City News> Trichy News / TNN /May 22nd, 2018