IIA MEMBERS HONOURED IN ASIA BRAND CEREMONY AT HONG KONG

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IIA MEMBERS HONOURED IN ASIA BRAND CEREMONY AT HONG KONG IIA Chapter Chairmen, Sir, We are happy to inform you that on the initiative of President IIA, Indian SMEs are honoured in Asia Brand Awards Ceremony at Hong Kong on 9 th September 2012. More importantly all the 5 awardees are IIA Members and are from Uttar Pradesh and Uttra Khand. Press note alongwith few photographs as released to the press in Lucknow today are attached herewith for your kind information and with the request that you may also get this news published in the local News Papers. Kind regards, D.S. Verma Executive Director Indian Industries Association IIA Bhawan, Vibhuti Khand Gomti Nagar Lucknow 226010 Mob: +91 9415022544, Ph: +91 522 2720090, +91 522 3248178 Fax: +91 522 2720097 Website : www.iiaonline.in Note: Use E mails Save Paper Protect Trees & Go Greener

5/PresR/10264 13/09/12 To, The Editor Lucknow Sir, Small and medium Industries form Uttar Pradesh are now able to mark their presence as leading brands in the international arena. We are submitting press information as under in this regard for your kind information and publication in your esteemed news paper: Uttar Pradesh & U.K Entrepreneurs honored in Asia Brand Ceremony in Hong Kong & President, IIA lead Indian SMEs in the ceremony It is matter of pride for the Small and Medium Entrepreneurs especially that of Uttar Pradesh and Uttrakhand that for the first time 5 Indian SMEs (4 from U.P and 1 from Uttrakhand were honoured in 7 th Asia Brand Ceremony held on 9 th September 2012 at Hotel Disneyland, Hong Kong. The Asia Brand Ceremony was organized by Asia Brand Association. President, Indian Industries Association Shri Jugal Kishore was the Chairman of the Organising Committee of this Asia Brand Ceremony. This was only due to the efforts of Shri Jugal Kishore that for the first time Indian SMEs got awarded in this prestigious event. Those who got awarded includes M/S Sareen Sports Industries Meerut, M/S Jet Knitware P. Ltd Kanpur, M/S Kalco Alusystems P. Ltd and M/S Ashirwad Carbonics India P. Ltd from Ghaziabad and M/S Parwatiya Plywood P. Ltd from Ramnagar Uttrakhand. The event was inaugurated jointly by President Indian Industries Association at Hotel Disneyland, Hong Kong on 9 th September 2012 at 10.30 AM. In the inaugural speech President IIA Mr Jugal Kishore addressed the representative from all the Asian Countries including China, Japan, Korea, Philippines, Malaysia, Indonesia Taiwan and Hong Kong etc. In this speech he said that India was a leading manufacturing country in the world in the early 18 th century and it had 22.6 percent share of the world s GDP at that time. India produced the world s best cotton yarn and textiles which were exchanged with gold and silver with European merchants. All Indian products at that time were made by hand by the highly skilled artisans. Soon an industrial revolution took place in Europe and India could not cope up with the industrial revolution in western world in terms of technology, institutions and event ideas. The demand for handmade products produced by skilled India Artisans in the world Markel also reduced hence a process of de-industrialization of traditional Indian Industries was set in. Mr Jugal Kishore added that, after 1850, Indian entrepreneurs began to set up their own modern textile mills and by the time India got Independence in 1947, we had Jamshed Ji Tata and G.D. Birla who were using modern technology in their business operations. TATA and BIRLA become well known brands not only in India but all over the world. Private entrepreneurship flourished in India rapidly only after 1980 when the process of liberalization of the economy was started. Since then, Indian entrepreneurs have never looked back and thousands of Indian Brands are now established in the international markets. Interestingly, Indian SMEs whom IIA represents also have established their own brands in large numbers in international arena. He said that, five Indian Awards Winners who have accompanied him in this Asia award Ceremony, all belong to SME sector.

Cricket Bats in the Brand Name SS being used by all great Cricket manufactured by one of the award winner Sareen Sports Industries. players of the world are being Shri Jugal Kishore informed the audience that today foreign investors are setting up manufacturing facilities in India and Indian manufacturers are also investing on foreign lands. Technologies are also being exchanged heavily. When the world economy is passing through a very difficult phase, the Indian Economy is growing at 6-8%. India have already established a leading role in Information Technology Industry, it has huge domestic market, Industrial Infrastructure is growing at a fast pace, we have huge manpower resource and above all Indian Entrepreneurs are traditionally very innovative. He concluded his address with the hope that India will soon acquire its lost glory and you will find more Indian Brands in the world market. Representatives from other Asian Countries present in the Ceremony were highly impressed with the address of the President IIA and expressed their willingness to strengthen the business ties with Indian Entrepreneurs. Entrepreneurs who participated in this ceremony from Uttar Pradesh and Uttrakhand and got the awards, found this opportunity highly rewarding for strengthening their brands in the international markets and expressed their sincere thanks to Indian Industries Association for facilitating this opportunity. Shri Van Jiang General Secretary of the Asia Brand organizing committee offered his heartiest thanks to president IIA for his contribution and taking participation as the chairman of the organizing committee. D.S. Verma Executive Director

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