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Perfect time for entrepreneurs to become industrialists: Expert panel at VIA

Experts during a workshop organised by Economy and Finance Forum of VIA said that it's the perfect time for entrepreneurs to become industrialists.

Various experts during a workshop organised by Economy and Finance Forum of Vidarbha Industries Association (VIA) said that it’s the perfect time for entrepreneurs to become industrialists. The workshop was held on Tuesday at VIA Auditorium, Udyog Bhavan in Civil Lines, Nagpur.

AP Dharmadhikari, Joint Director of Industries, Nagpur, was the chief guest at the workshop. In his address, he said that propagating and appealing industrialists about any government schemes and incentives by any government authority is little difficult. He said, Running of any manufacturing industry is a noble profession as they are also doing some social cause. Now after implementation of GST and demonetisation, it is even better.  

Experts during a workshop organised by Economy and Finance Forum of VIA said that it's the perfect time for entrepreneurs to become industrialists.

Renowned industrialist of the Vidarbha region and expert Prashant Mohota who’s the former vice President at VIA and Managing Director of Gimatex Industries, Hinganghat also gave a presentation on the same.  He said that the Indian economy, which is fastest growing economy in the world and GDP annual projection growth, is more than 7.5%. He also highlighted about India being estimated to be top three economies in the world with $5 trillion economy by 2025 and $10 trillion economy by 2030. Young population and easy labour, advantage Vidarbha and low yielding alternate investment avenues have made manufacturing the best option for investment. He discussed various common schemes of central and state governments for manufacturing industry.

He highlighted all the policies, which exist for the benefit of setting up of industries and running it smoothly. He also focused on the various schemes available for ease of doing business in real estate, arranging low cost capital, labour, energy, management system, etc.  He discussed sector related schemes like textiles, food industries, agricultural, cold storage, etc. As of now, around 80% of the investment could be the amount of subsidy and incentives receivable in 10 years period. CA Yash Bhojwani and Shivkumar Rao, Director of R&Y Logistics also gave their inputs during the presentation and shared details of sectorial schemes of textiles, food and agriculture and logistics. Mohata in his presentation even demonstrated how the incentives could be stretched even to 140% of the investment amount.

Atul Pande, President VIA, said, This session would be beneficial for everyone present and people should become industrialists and VIA should extend all helping hands as and when required. 

Earlier, Atul Pande welcomed Prashant Mohota and Suresh Rathi, and welcomed Ashok Dharamadhikari with flowers. CA Naresh Jakhotia, Jt Secretary ? VIA ? conducted the proceedings and also proposed a vote of thanks. Prominently present were Pravin Tapadia, Past President of VIA, Ashit Sinha, Former Vice President of VIA, Faiz Wahid, Pratik Tapadia, Vishal Agrawal, Rajay Surana apart from several industrialists.

Also read: LIDCOM organises consultative meet cum exhibition Charma Kaushalya 2018? in Mumbai

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Sports

Ahead of today’s IND vs AUS match in Nagpur, we bring you VCA Stadium’s Test records…

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Radhika Dhawad | Nagpur

Ahead of today’s IND vs AUS match in Nagpur, we, at Nation Next, bring you Vidarbha Cricket Association (VCA) Stadium's Test records...

Ahead of today’s IND vs AUS match in Nagpur, we, at Nation Next, bring you Vidarbha Cricket Association (VCA) Stadium’s Test records…

  • Highest team total: 610/6d by India against Sri Lanka in 2017/18.
  • Lowest team total: 79 runs by South Africa against India in 2015/16.
  • Highest individual score: 253 not out by Hashim Amla (South Africa) against India in 2010/11.
  • Best bowling in an innings: 8/215, by Jason Krejza (Australia) against India in 2008/09.
  • Most runs scored by a player: Virender Sehwag – 357 runs.
  • Most wickets taken: R Ashwin – 19 wickets.

Also read: Virat Kohli complains of losing his unboxed phone in Nagpur

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Sports

Virat Kohli complains of losing his unboxed phone in Nagpur

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Radhika Dhawad | Nagpur

Former Indian skipper Virat Kohli took to twitter to inform netizens that he had lost his brand new unboxed phone in Nagpur on Tuesday.

Kohli, who is in the city for first test match against Australia on Thursday,  said, “Nothing beats the sad feeling of losing your new phone without even unboxing it  Has anyone seen it?”

Food delivery app Zomato was quick to respond by asking the ace cricketer to ‘feel free to order an ice cream from his wife and actor Anushka Sharma’s phone.’ 

The tweet read, “feel free to order ice cream from bhabhi’s phone if that will help.” However, many users anticipated Kohli’s tweet to be an advertisement for a brand.

Also read: Anil Deshmukh granted permission to travel outside Mumbai

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Legal

Anil Deshmukh granted permission to travel outside Mumbai

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Radhika Dhawad | Bombuflat
Bombay High Court rejected stay plea filed by CBI paving way for the release of ex-Maharashtra Home Minister Anil Deshmukh.

Ex-Home Ministe Anil Deshmukh on Monday was granted permission to travel outside Mumbai for four weeks by a special court on Monday.

Nationalist Congress Party (NCP) leader and former Home Minister of Maharashtra Anil Deshmukh on Monday was granted permission to travel outside Mumbai for four weeks by a special court on Monday. Deshmukh had sought permission to visit his constituency, which is also his hometown, Nagpur. 

The application was filed by Deshmukh through his lawyer, Inderpal Singh, stating that he is a native of Nagpur with deep family roots in the city apart from being an elected representative of his constituency. 

“The applicant craves a benevolent indulgence of this court to permit him to travel outside Greater Mumbai, including District Nagpur, for a limited duration of about four weeks so as to maintain continuity in his social and family ties and also visit his original and permanent home/constituency,” the plea stated.



The plea further added that “the applicant needs to have due legal consultation with his lawyers in New Delhi for further course of strategy in the present and connected cases.”

Also read: All 31 days in January 2023 in Nagpur observed to be polluted, reveals study

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