Article on Latin America in Telugu portal

Here is a piece on India's business with Latin America, written by Manish Chand in teluguportal.net. He has quoted my " four stages" speech at CII and Chilean Ambassador's article besides Prime Minister's statement during visit to Brazil.

This is interesting for two reasons: first, even Telugu portal is disseminating info on latin america. Secondly, Manish Chand has an interesting approach combining culture and commerce. I have never met him or heard about him. He is a good addition to the Latin America enthusiasts in India. Welcome to the Hola Club Mr Manish Chand !

Tarun Basu, chief of India Abroad News Service has informed me that Manish is from his newsagency and that this despatch has fone to over 200 subscribers incl overseas ones


India's Tango with Latin America


There is now both magic and realism in India's relations with Latin America, the energy-rich region known for its exotic beauty, joyous love of life and world-famous authors delighting in the way history and myths intersect everyday life.

The renewed camaraderie between a continent-sized country, seen increasingly as an emerging world power, and one of the world's most resource-rich regions was on display last year when Indian Prime Minister Manmohan Singh went to Brazil last year in a first visit by an Indian head of government in nearly four decades.The romance of the Latino way of life, revolving around samba, soccer and songs dripping with sadness and sensuality, has been felt in India for some time, but in the last few years this cultural attraction has taken on the complexion of a lasting relationship in which there is much to give and take.In many ways, Manmohan Singh's "voyage of discovery" to Brazil in September last month to attend the IBSA summit of India, Brazil and South Africa brought together various strands of New Delhi's accelerated engagement with Latin America, home to a large Indian diaspora, into focus.In his speech in Brasilia, Manmohan Singh talked feelingly of a beautiful country that had "fascinated me personally" and spoke of growing "complementarities" between the two sides, separated by continental distances but culturally close in spirit, in areas as diverse as energy security, agro processing, information technology, mining, forestry, biotechnology and pharmaceuticals.Although expansion of trade and investment between the two sides - that remains much below potential with bilateral trade close to $6 billion in comparison to China-Latin America bilateral trade of $40 billion - dominated the visit, Manmohan Singh also underlined the need to forge strategic relationship with Brazil and the region.India and Brazil, the two biggest democracies and economies of Asia and Latin America, have also agreed to start a strategic dialogue and committed themselves to creating a multi-polar world order. They also plan to cooperate closely in UN Security Council reforms and in multilateral World Trade Organisation negotiations. In a sure indication of more defence cooperation between the two sides in the future, Indian Army Chief J.J. Singh also accompanied the prime minister to Brazil - the first by an Indian army chief to the region.But for prospects of emerging strategic ties to become real, India and Latin America have to first concentrate with renewed vigour on multiplying trade and business ties between them.

To tap immense two-way opportunities, the Confederation of Indian Industry (CII) plans to hold a Latin America and Caribbean (LAC) conclave on Feb 14 at New Delhi this year. The conclave, the first such event that follows on the success of a similar exercise with Africa over the last two years, will bring together LAC trade and industry ministers, businessmen, chambers of commerce and trade and industry organisations for a business meeting with their Indian counterparts.

In an address to the CII, R. Viswanathan, joint secretary in charge of the LAC division in the external affairs ministry, spoke recently about four stages in India's evolving business relationship with Latin America - a region that has recorded sustained economic growth of over four percent for the fourth consecutive year."These four stages are: barrier mindset, flirtation, romance and partnership. In this current stage Indian and Latin American business have developed a healthy respect based on their changed mindset about the new emerging profile of each other's markets," he said.He also outlined the contours of "a win-win partnership" between the two sides with India's value addition to Latin America by Indian IT, pharmaceuticals and manufacturing companies which contribute to human resource development, reduction of cost of healthcare and employment and industrialisation."India benefits from access to Latin America's oil and gas, mining and forestry and agricultural resources," he said.

Indian companies have clearly woken up to the untapped potential of doing business with Latin America and are already moving into the region with enthusiasm and confidence. Jindal Steel won the bid for the Bolivian mine El Mutún, one of the largest iron ore deposits in the region last year. Although the deal is yet to be finalised, the Jindal group has already committed an investment of $2.3 billion.Another biggie, the Essar Group, has also made its presence felt in the region and is building a $1.2 billion steel plant in Trinidad and Tobago. Tata Motors has started a joint venture with Marcopolo, Brazil's largest bus manufacturers, and Bajaj Auto has announced the opening of a factory in Argentina.The idea now is to set more ambitious trade targets.

Chile's ambassador to India Jorge Hein has proposed raising bilateral trade to $40 billion with the LAC region by 2008. To reach this target, he has advocated expanding trade agreements between India and LAC that will be critical in removing extant trade barriers and facilitating the flow of goods and services between the two sides."The ones signed between India and MERCOSUR (a regional trade agreement between Brazil, Argentina, Uruguay, Venezuela, and Paraguay) in 2005 and between India and Chile in 2006 are a first step in that direction (a Preferential Trade Agreement with Peru is under consideration)," he wrote in an article in an Indian newspaper last year.Heine is also all for increased participation of private companies to boost business between the two sides. "The key would seem to lie in getting into the supply chains of production and distribution that cater to the respective markets, thus making the most of their comparative advantage," he wrote.In the area of energy security, Latin America could well emerge an alternative source of energy for India, which currently imports the bulk of its oil and gas requirements from the Middle East. Venezuela has one of Latin America's largest crude oil reserves. India also supports the ethanol/biodiesel alternative fuel initiative by Brazil.As India's economy continues to grow at over eight percent and it emerges an economic powerhouse, it will need huge resources of Latin America to feed its growing economy and energy needs. And as more and more countries of Latin America industrialise and democratise, it will only expand an arc of mutual advantage and prosperity between the two sides.What is also striking is a radical transformation of India's image in the region from a poverty-stricken developing country afflicted with democratic chaos to that of a vibrant emerging power that, along with China, could hold the key to the balance of power in Asia and the world.Latin America has responded to the rise of India and China in a positive manner and has smelt new opportunities and complementarities in the economic transformation of these two Asian giants, which serve as "the world's service centre" and the world's factory respectively. This is borne by two recent studies on the subject: "Latin America and the Caribbean's Response to the Growth of China and India" by the World Bank, and "China and India and its Trade Relations with Latin America and the Caribbean: Opportunities and Challenges" by the UN's Economic Commission for Latin America and the Caribbean.In the days to come, the burgeoning economic ties are set to acquire strategic character with the Latin American countries and India cooperating more proactively on global issues like counter-terrorism, energy security, multilateral trade negotiations and the expansion of the UN Security Council.

More energy to India-Latin America ties!--By Manish Chand

Record number of Latin American businessmen visiting India

Over two hundred Latin American and Caribbean businessmen are visiting India in the next few weeks.
over 50 of them for the International leather Fair at Chennai 31 January - 3 february
Another fifty atleast for the CII latin America conclave 13-16 February
One hundred for the pharma conference of Pharmexcil 6-8 march
Businesmen will accopmany the Trade Minister of Trinidad and the Foreign minister of El Salvador in March.
Indian contacts for these delegations are given in www.businesswithlatinamerica.com

The businessmen are coming from both big countries such as Brazil and Mexico as well as from small countries.
In january there were over 100 businessmen who came for the engineering and software fairs.

The total of 300 businessmen visiting India from latin America is a record.

I hope the Indian business will get the message ....of seriousness and enthusiasm of their latin American counterparts !

Brazilian companies in Chennai leather fair 31jan - 3 Feb

26 Brazilian cos are participating
at the India International Leather Fair’07 at Chennai.
the largest ever participation

Given below is the list.


1
Fuga Couros S/A


Mr. Eduardo Fuga
Address: Rua José Fuga, 297, Bairro Constante Fuga
CEP: 99150-000
Marau – RS – Brasil
Tel: (54) 3342 3277
Fax: (54) 3342 3394
Email: leather@fuga-couros.com.br
2
Curtume Krumenauer S/A


Mr.Joel Krumenauer
Address: Rua Júlio de Castilhos, n° 7979
CEP: 93180-000
Portão – RS – Brasil
Tel. (51) 3562 1200
Fax. (51) 3562 1862
E-mail: joel@krumenauer.com.br


3
Natur Indústria de Couros Ltda.



Mr. Eleno da Silva

Address: Rua Boa Vista, 626
Bairro: Estação Portão
93180-000
Portão – RS – Brasil
Tel. (51) 3562 1446
Fax. (51) 3562 1750
E-mail: natur@curtumenatur.com.br

4
Curtume Della Torre Ltda



Mr. Valeriano Della Torre

Address: Av. Alberto Pulicano 3333, Bairro Distrito Industrial
14406-100
Franca – SP – Brasil
Tel: (16) 3720 0255
Fax: (16) 3720 0912
E-mail: sales@curtumedelatorre.com.br
5
South America Hides and Splits Ltda.

Mr. Áureo
Address: Rua José Bonifácio, 750 Franca – São Paulo – Brasil
CEP: 14405-110
Fone: 55 16 3721 8690
Fax: 55 16 3721 6930
E mail:aureo@unionleather.com.br

6
Centro das Indústrias de Curtumes do Brasil

Mr. Flávio Lucchese
Address: SAS – Quadra 01 – Bloco “N” – Edifício Terra Brasilis - Sala 409 – Asa Sul
CEP: 70070-010
Brasília – DF – Brasil
Tel. (61) 3224 1867
Fax. (61) 3323 7943
Website: www.brazilianleather.com.br
E-mail: cicb@terra.com.br
7
Bertin Ltda.

Mr. Leonardo Swirski
Address: Rodovia BR 153, km 179 – Bairro Parque Industrial
CEP: 16404-110
Lins – SP – Brasil
Tel. (14) 3533 2141
Fax. (14) 3533 2142
Website: www.bertin.com.br
E-mail: bracol.diretoria@bertin.com.br

8
Agro Latina Ltda

Mr. Renato Argenta
Address: Estrada Picada Francesa
nº. 950, Bairro Casa da Pedra
CEP 95650-000 Igrejinha – RS - Brasil
Fone: 55 51 3545 5000
Fax: 55 51 3545 5358
E-mail: agro@agrolatina.com.br

9
Curtume Aimoré S/A
Metragem: 12 sqm
Mr. Roque Kerbes
Address: Rua Presidente Vargas, 505
Bairro: Aimoré
CEP: 95940-000
Arroio do Meio – RS – Brasil
Tel. (51) 3716 13 13
Fax. (51) 3716 13 53
E-mail: importexport@aimore.ind.br

10
Curtume Sulino Ltda


Mr. João Luis Kreuz

Address:Av. Mathias Stefens, 3369
bairro Centro
95755-000
São José do Hortêncio – RS – Brasil
Tel: (51) 3571 1166
Fax: (51) 3571 1166
E-mail: sulino@curtumesulino.com.br
11
Indústria e Comércio de Couros Dowidi Ltda.


Mr: Atair Kieling

Address: Rua Engenheiro Jorge Schury, 1700 – Bairro São José
CEP: 93534-040
Novo Hamburgo – RS
Te.l. 51 35959631
Fax. 51 3595 9732
E-mail: wellour@wellour.com.br
kieling@wellour.com.br
12
Assintecal Association of

Mr. Chris Haddad
Address: Brazilian Companies of Components for Footwear, Leather and Related Goods
Rua Julio de Castilhos, 526
Novo Hamburgo-RS
Cep: 93510-130
Fone: 55.51.3584.5200 Fax: 55.51.3584.5201
www.assintecal.org.br assintecal@assintecal.org.br
13
MADEIREIRA HERVAL LTDA - HERVAL QUIMICA


Mr. Odete Ody
Rodovia BR 116, KM 223,5 - Dois Irmãos – RS
Cep.: 93950-000
Fone: +55 51 3564.8350 – Fax: + 55 51 3564.8352
E-mail: odete@herval.com.br
Site: www.herval.com.br
14
FCC FORNECEDORA, COMPONENTES QUÍMICOS E COUROS LTDA.

Mr. Jeferson Pohl
Address: Rua Paineira, n° 20 - Campo Bom – RS
Cep.: 93700-000
Fone: + 55 51 2129.2200 – Fax: +55 51 2129.2202
E-mail: diretoria@fcc.com.br ou jeferson@fcc.com.br
Site: www.fcc.com.br
15
FLECKSTEEL INDÚSTRIA DE ARTEFATOS METALICOS LTDA

Mrs. Ana Letícia Fleck
Address: Rua João Blauth Sobrinho, n° 153 - Campo Bom – RS
Cep.: 93700-000
Fone: + 55 51 3038.5300 Fax: +55 51 3598.2731
E-mail: flecksteel@flecksteel.com.br
Site: www.flecksteel.com.br
16
TERMOTEXTIL INDUSTRIA E COMERCIO LTDA


Mr. Marcelo Fuentes Silva
Address: Rua Amadeu Amaral, n° 93, Novo Hamburgo – RS
Cep.: 93534-380
Fone: + 55 51 3587.9620 Fax: +55 51 3587.4667
E-mail: exportação@termotextil.com.br cristiano@termotextil.com.br
Site: www.termotextil.com.br
17
RIMA COUROS LTDA


Mrs. Alice
Address: Rua Jacob Sdneck, nº 714 - Ivoti – RS
Cep.: 93900-000
Fone: + 55 51 3563.7300 – Fax: +55 51 3563.7219
E-mail: alicerima@gmail.com ou rimacouros@terra.com.br
18
IVOMAQ INDÚSTRIA E COMÉRCIO DE MÁQUINAS LTDA.

Mr. Adriano Rodrigues
Address: Rua Otilio Monteiro dos Santos, nº 3045 – Bairro Distrito Industrial I
Franca – SP
Cep.: 14401-902
Fone: + 55 16 3720.1000 – Fax: + 55 16 3720.1011
E-mail: ivomaq@ivomaq.com.br
Site: www.ivomaq.com.br
19
LIKO INDÚSTRIA E COMÉRCIO DE PRODUTOS QUÍMICOS LTDA.

Mr.Giovani De Fries
Address: Rua Dom Pedro II, n° 71 - Novo Hamburgo – RS
Cep.: 93542-670
Fone: + 55 51 2108.4100 – Fax: + 55 51 2108.4100
E-mail: giovani@liko.com.br - Site: www.liko.com.br
20
MÁQUINAS METAL

Mrs. Guderun Michel
Address: Rua Floradora, n° 195 - Novo Hamburgo – RS
Cep.: 93351-270
Fone/Fax: + 55 51 3594.1223 – Fax.: + 55 51 3593.8208
E-mail: vendas@mmetal.com.br
Site: www.mmetal.com.br

21
MSM PRODUTOS PARA CALÇADOS LTDA.

Mr. Norberto Gaia
Address: Avenida Rio Branco, n° 520 - Franca – SP
Cep.: 14405-080
Fone: + 55 16 3713.2577 – Fax: + 55 16 3713.2506
E-mail: msm@msmsolados.com.br
Site: www.msmsolados.com.br

22
MÁQUINAS MORBACH LTDA.

Mr. Leonardo
Address: Rua Guilherme Grovernamm, n° 680 - Novo Hamburgo – RS
Cep.: 93415-530
Fone: + 55 51 3066.5666 – Fax: + 55 51 3066.7666
E-mail: morbach@morbach.com.br
Site: www.morbach.com.br
23
CS PESQUISAS E PARTICIPACÕES INDÚSTRIAIS LTDA (Fibracouro)

Mr. Milton
Address: Avenida Contorno Sul, S/Nº - Complemento Lote 78-B – Bairro Nova Ucrania Apucarana – PR
Cep.: 86802-630
Fone: + 55 43 3420.1200 – Fax: + 55 43 3420.1233
E-mail: milton@csindustrial.com.br ou sabia@csindustrial.com.br
24
MATRIZARIA POLAKO LTDA.

Mr. Roque Jr.
Address: Rua Doutor João Daniel Hillebrand, nº 483 - Novo Hamburgo – RS
Cep.: 93415-520
Fone/Fax: + 55 51 3587.2511
E-mail: polako@polako.com.br
Site: www.polako.com.br
25
TECQUIMICA INDÚSTRIA E COMÉRCIO LTDA. (Tecquímica)

Mr. Giovani
Address: Rua Raymundo Correa, nº 23 - Bairro Operário - Novo Hamburgo – RS
Cep.: 93315-180
Fone/Fax: + 55 51 3527.9000
E-mail: tecquimica@tecquimica.com.br
Site: www.tecquimica.com.br
26
ESCOWAL ESCOVAS INDUSTRIAIS LTDA. (Escowal)

Mr. Ricardo Schumacher
Address: Rua Luiz de Camões, nº 106 - Bairo Vila Nova - Novo Hamburgo – RS
Cep.: 93520-280
Fone/Fax: + 55 51 3527.6300
E-mail: export@escowal.com.br
Site: www.escowal.com.br

Latin America Conclave initiative by CII

CII held a meeting on 9 January at Hotel Taj Mansingh to launch their proposal for a Latin America and caribbean conclave on 14 February at New Delhi during their India Engineering and Technology Fair at Pragati maidan 13-17 February.

The conclave will bring together Latin American and caribbean trade and industry ministers, businessmen, chambers of commerce and trade and industry organisations for an interaction with their Indian counterparts. This the first ever such event. CII had organised successfully African conclaves in the last two years.

In my speech I mentioned that india's business with Latin America has gone through three stages and has now reached the fourth stage. These four stages are: barrier mindset, flirtation, romance and partnership. In this current stage Indian and Latin American business have developed a healthy respect based on their changed mindset about the new emerging profile of each other's markets. India's value addition to Latin America is by Indian IT, Pharma and manufacturing cos which contribute to human resource development, reduction of cost of healthcare and employment and industrialisation. India benefits from access to Latin America's oil and gas, mining and forestry and agricultural resources. It is a win-win for both and it is logical to expect a long term and sustainable partnership.

Mr Sapre, Director Kirloskar group is the chairman of the organising committee. Indian companies could take advantage of this rare opportunity. CII has already sent the invitations which are being followed up by our embassies.

contact- Gunveena Chadha of CII gunveena.chadha@ciionline.org

Experience of an Indian export Executive on his first visit to Latin America

Let me reproduce the executive's email which speaks for itself

"Please refer to your meeting with undersigned regarding his visit to Latin America.

I am back in India after my visit. We are really very thankful to you for all your assistance and cooperation regarding the visit of undersigned.

Also, we would like to inform that the assistance and cooperation we receive from our embassies was amazing.

We really feel that our embassies are doing great jobs in promoting our trade with Latin American countries.

We must add that our missions in Colombia, Chile & Uruguay ( through our embassy in Argentina) helped undersigned with all his appointments and we hope they all would be fruitful for us in future.

We would like to make a special mention of Mr. Martin de Castro (Commercial officer Uruguay, Indian Embassy in Argentina).
He was such a big help for us in Montevideo. He took time off his schedule to assist us in our meetings.

I would like to come in person and share my views with you, would make a request with you in coming week for an appointment.

Thanking you,Sincerely Yours,

(Shivreet Dhillon)

GTP Overseas Private LimitedC-10, Sector-1,Noida - 201 301

So I met the young Dhillion yesterday. oops ...I was taken aback. He has become more enthusiastic about Latin America than me..

Here is what he told me.
- He has got orders from Colombia and Uruguay in this very first trip. He found the Colombian customer in the internet!. He sees great scope for his rubber products which go into the second hand market of auto parts. He is planning to try other mkts in mid 2007.
-More than the business, he has discovered Latin Americans. He found the people friendly, warm and hospitable. He spent 4 days in Colombia but his customer spent only a total of 4 hours in business discussion. She took him to the night club, restaurants, bars and for sight seeing. Whenever he mentioned business, she said " relax.. enjoyment first.." . No wonder the youthful Dhillion's eyes have a new shine and there is a romantic smile in his face now.

Joao Pessoa - unusual destination in Brazil for Indian Investment

Vijay Electricals from Hyderabad has acquired a transformer making plant in Joao Pessoa in Brazil for about a Million dollars.
Wonder where is it..? One needs to look at the large map of Brazil. It is a small city located in the eastern -most point of Brazil in the state of Paraiba. Population 500,000. About 2000 Kms from Rio de janeiro. One can reach Joao Pessoa without having to go to Sao Paulo or Rio. There is direct flight from Lisbon to Recife, the famous resort town of Brazil. From there just one hour drive. Of course, the Municipality of the city has all the info in its website. Its claims include
- new International airport by 2008
- the greenest city in South America
-the third oldest city of Brazil
- the sun salutes Joao Pessoa first before the rest of Souh America
- and of course silver white sanded beaches

I asked Mr Jai Ramesh the Chairman of Vijay Electrivals, how did he choose this place so remote and unknown. He smiled..Fiscal and other incentives...

Vijay electricals has already started production of transformers in the Joao pessoa plant. They are going to invest more millions of dollars to expand the capacity to reach a turnover of 50-60 million dollars !!. Indian managers have already been positioned there.

How did Vijay Electricals go to Brazil? They had supplied transformers in the past. They had been watching the market and found that Brazilian electrical supplies to homes are going to be increased with the importance given to people-centred development by President Lula.

I salute the venture or rather the adventure of Vijay Electricals and their ambition in the farthest corner of Brazil and wish them success !

Business Delegation from Peru

I spoke at the CII meeting with the Peruvian business delegation on 21 November 06 at their Hqrs. I mentioned the four typical and unique businessplus attractions Peru offers; to drink, to eat, to see and to read:

-Pisco sour is the famous Peruvian drink.

-Ceviche, raw fish marinated in lime is a healthy and delicious food

-Machu Pichu is a must- see tourist destination.

-Mario Vargas Llosa is the famous writer of Peru and my favourite Latin American author. I have read 15 of his books.

Bonus offers of Peru: pima cotton( extra long staple and fine one) and Alpaca wool( from llama found in high altitude).

Peruvian market is medium-size with 28 million people, 90 billion GDP, 17 billion exports and 12.5 billion imports in 2005. Inflation in 2005 at 1.8 % was the lowest in the whole of latin America. Growth over 6%. Politically Peru is becoming mature and pragmatic. Peru's importance increase with its membership of Andean Community and FTA with USA.

There is scope to significantly increase our exports of 122 million $( 2005). There is potential for investment and joint ventures in energy, mining and metallic industries. Reliance is scouting for energy. Ranbaxy, NIIT, APTECH and bajaj have presence there.

Bharti group ( Airtel) has exported over a million telefone instruments to Peru. Apparently, every second fone instrument in Peru is that of Bharti. Bravo Bharti !!!

This is the first ever visit of a business delegation. Credit for this goes to Kishore Gupta of Indo-peruvian chamber in Lima.

Mr Natarajan CEO of BEML, who presided over the meeting was upbeat about his company's bz with peru.

Victor Munoz acting Ambassador of Peru in Delhi is proactive and issues business visas readily for Indian bzmen.

Mr A. Ramesh, Ambassador-designate to peru and Bolivia ( reaching there in january) was also present in the meeting.

Delegations from Latin America

The season of Latin America is here...

A 50 plus member Brazilian delegation was here 14-19 November.

Visit of Minister of IT from Dominican Republic 16-25 November
Minister Eddy Martinez will visit Chennai, Mumbai,Cochin and Delhi. This is his fourth visit to India in the last two years. CII organised an interactive meeting with him on Thursday 16 Nov at their Hqrs.
contact : gaby@dr-embassy-india.com

Visit of delegation from peru 19-25 November
This is the first time a business delegation is coming. Delegation has over 15 members.
CII organising a meeting on Tuesday 21 November at their Hqrs.
Delegation going to Bangalore and Mumbai too
contact: Gunveena Chada from CII and Victor Munoz from Peruvian embassy.

Jamaican business delegation 20-29 November
A seven member delegation visiting India, for the first time, as per following programme. Interested in software.
November 20 - 23 Delhi
November 23 – 26 Mumbai
November 26 – 29 Bangalore
Contact: Ambassador( retd) Malik asian_com@hotmail.com

CII meeting on Dominican Republic 16 November

The meeting was in honour of Mr Eddy Martinez, Minister of IT and Investment promotion. This is his fourth visit to India. He is the one who took the initiative to open the Dominican Embassy in Delhi. In his speech, he said DR and Latin America, in general consider China as a challenge but India as a partner. He ponted out that DR lost thousands of jobs as a result of Chinese competition. This positive attitude towards India is good news for the Indian businessmen.

In my speech I said Dominican Republic(DR) offers scope for pleasure and business. The beautiful beach resorts, great golf courses, merengue music and the warm and friendly people make DR as an attractive destination.

DR imports in 2005 were 10 billion dollars and exports 6 billion dollars. Even if India gets one percent of their total imports, it should come to 100 million dollar exports. Per capita income of DR is over 6000 dollars. Growth rate in 2005 was over 9 percent. Number of tourists who visited DR in 2005 were 4.2 million. The macroeconomic fundamentals are becoming strong.

With its FTA with USA, it is an attractive destination for investment. An Indian IT company and a medical equipment company have invested already.

The dynamic Dominican Ambassador Hans Dannenburg and Miss Canela give one year multi entry visas with a smile and handshake and cigar and rum!!

Brazilian Business delegation 13-19 November

A 55- member multiproduct Business delegation from Brazil will be in Delhi to visit/participate in the India International Trade Fair. They can be contacted thru the Brazilian embassy in delhi.

Here is the list

1 M/s Gravatas e Acessórios Imp. e Com. Ltda
Mrs. Marcia Maria Saraiva
e-mail: marciamaria@schiafine.com.br
Address: Rua Xavantes, 719 – Sala 724 – Zip Code: 03027-000
Phone: 5511 6096 6799
Garments


2 M/s Gravatas e Acessórios Imp. e Com. Ltda
Mrs. Vilma Santana
e-mail: marciamaria@schiafine.com.br
Address: Rua Xavantes, 719 – Sala 724 – Zip Code: 03027-000
Phone: 5511 6096 6799
Garments

3 Ms Elvi Cozinhas Industriais
Mr. Cristiano das Neves Sola
Phone: 5511 4341 4466
Address: Rua Oneda, 300 – SBC – SP – Zip Code: 09895-280
e-mail: cristiano@elvi.com.br
website: www.elvi.com.br
Stainless Steel

4 M/s Elvi Cozinhas Industriais
Mr. Luciano das Neves Sola
Phone: 5511 4341 4466
Address: Rua Oneda, 300 – SBC – SP – Zip Code: 09895-280
e-mail: cristiano@elvi.com.br
website: www.elvi.com.br
stainless steel

5 M/s Foxlux Ltda
Mr. Paulo Sérgio Velloso Ribeiro
Phone: 5541 3344 8090
Address: Rua padre Estanislau Trzebiatowski, 96 – Boqueirao Zip: 81750-390 Curitiba- PARANÁ
e-mail: paulo@foxlux.com.br
website: www.foxlux.com.br
Electrical Material and Hand Tools

6M/s Letande Indústria e Comércio Ltda
Mr. Orlando Luiz Toqueton
Phone: (5519) 3881.7670 / 3881.7676
Address: Benjmain de Paula Franca 604 – Valinhos – Zip Code: 13279-014
Website: www.letande.ind.br
e-mail: comex@letande.ind.br
automobile electrical parts

7 M/s Letande Indústria e Comércio Ltda
Mr. Rafael de Oliveira Carvalho
Phone: (5519) 3881.7670 / 3881.7676
Address: Benjmain de Paula Franca 604 – Valinhos – Zip Code: 13279-014
Website: www.letande.ind.br
e-mail: comex@letande.ind.br
Automobile and Electrical parts

8 M/s NEOFORM PLASTICOS
Mr. Luciano Morganti Ribeiro
Phone (5551) 470 6789
e-mail: canaldocliente@neoform.com.br
Website:www.neoform.com.br
Address: Trav. João Tavares n° 245 - RS 118 KM 11,4 - Costa do Ipiranga – Gravataí - Rio Grande do Sul – Zip Code: 94010- 970
Furniture and Decorative Items

9 M/s NEOFORM PLASTICOS
Mr. Sergio Mendes Ribeiro
Phone (5551) 470 6789
e-mail: canaldocliente@neoform.com.br
Website:www.neoform.com.br
Address: Trav. João Tavares n° 245 - RS 118 KM 11,4 - Costa do Ipiranga – Gravataí - Rio Grande do Sul – Zip Code: 94010- 970
Furniture and Decorative Items

10 M/s NEOFORM PLASTICOS
Mr. Felipe Mendes Ribeiro
Phone (5551) 470 6789
e-mail: canaldocliente@neoform.com.br
Website:www.neoform.com.br
Address: Trav. João Tavares n° 245 - RS 118 KM 11,4 - Costa do Ipiranga – Gravataí - Rio Grande do Sul – Zip Code: 94010- 970
Furniture and Decorative Items

11 M/s Mendes & Uchôa Consultoria Empresarial Ltda.
Mrs. Thaysa Santos Uchoa
Endereço: Rua Visconde de Pirajá, 351 sala 922, Ipanema
Rio de Janeiro - RJ, CEP: 22.410-003
Tel.: 5521 9826-6762
E-mail: mendesuchoa@onda.com.br
Consultant

12 M/s Irgovel – Industria Riograndense de Óleos Vegetais Ltda
Mr. Gilson Teixeira do Amaral Brito
E-mail – nureaps@sistemafieg.org.br
gilsonamaralbrito@hotmail.com
Phone/fax: ++5562 3311—5565
Anápolis – Goiás
vegetable Oil

13 M/s Alm Brazil International Ltda.
Mrs. Marlucia Gusmão dos Santos Martire
e-mail: marluciagsm@hotmail.com
e-mail: almbrazilinternational@hotmail.com
Phone 5521 2669 2600 / 5521 9613 7332
Address: Rua Carmen de Freitas Salgado, 368- Nova Iguaçu - RJ
Zip 26220-470
Consultant

14 ZAK Importação e Exportação e Representaçoes Comerciais Ltda
Mr. Paolo Zaccagnini
Rua Padre Anchieta, 2454 CJ 1802
CEP 80730-000 Curitiba -PR
Tel./Fax 0055 41 3335 7605
E-mail info@zakimex.com.br
www.zakimex.com.br
Marbles and Granites to India


15 M/s Silk Route Com. e Representações
Mr. Luis Cabral
Adress: Rua Dr. Jose de Moura Resende 428
Jardim Caxingui – Near to Butantã
Phone/Fax: 5511 3368 0389
Mobile: (11) 8147 4037
E-mail: silkroutebycabral@ig.com.br
Silk Textiles

16 M/s Filó
Mrs. Angelica Schwingel Markus
e-mail::asmarkus@gmail.com
Phone: 5511 3285-0297
Mobile: 5511 9483-0108
e-mail::asmarkus@gmail.com
Address: Alameda Ribeirão Preto, 410, Apt. 1107 - Bela vista – São Paulo - SP
Belts, Flip Flops, Necklaces and Rings

17 M/s Filó
Mrs. Erika Akemi Hino
e-mail::asmarkus@gmail.com
Phone: 5511 3285-0297
Mobile: 5511 9483-0108
e-mail::asmarkus@gmail.com
Address: Alameda Ribeirão Preto, 410, Apt. 1107 - Bela vista – São Paulo - SP
Belts, flip flops, necklaces an rings

18 M/s Q & A
Mr Russell Dowding
Mobile: 5511 8491 4238
Rua Martins Francisco 678 – Zip Code: 01226-000 –São Paulo - SP
e-mail: cmativa003@terra.com.br
Joint venture with Pavilion Construction Companies

19 M/s Gouvêa de Souza & MD Desenvolvimento Empresarial Ltda
Mr. Marcos Souza
www.gsmd.com.br
Address: Av. Paulista, 171 – 10th Floor - Zip Code: 01311-000
São Paulo - SP
Tel.: 55 11 3262-0666
Fax.: 55 11 3263-0066E-mail: gsmd-de@gsmd.com.br
Consultancy
20
M/s SEBRAE/RJ
Mr Orlando Diniz -
President, Board of Directors, SEBRAE/RJ
Tel.: 55 21 2563-4681 Fax: 55 21 2563-4040
Address: Rua Santa Luzia 685 - Centro 9th Floor - Rio de Janeiro - RJ
E-mail: sonia@sebraerj.com.br
Website: www.sebraerj.com.br
Brazilian Small and Medium Size Companies Association

21
M/s SEBRAE
Mr. Sergio Malta -
CEO, SEBRAE/RJ
Tel.: 55 21 2563-4681 Fax: 55 21 2563-4040
Address: Rua Santa Luzia 685 - Centro 9th Floor - Rio de Janeiro - RJ
E-mail: sonia@sebraerj.com.br
Website: www.sebraerj.com.br
Brazilian Small and Medium Size Companies Association

22
M/s SEBRAE
Mr. Fabio Braga -
Executive from the Government of State of Rio

Tel.: 55 21 2563-4681 Fax: 55 21 2563-4040
Address: Rua Santa Luzia 685 - Centro 9th Floor - Rio de Janeiro - RJ
E-mail: sonia@sebraerj.com.br
Website: www.sebraerj.com.br
Brazilian Small and Medium Size Companies Association

23
M/s SEBRAE
Mr. Mauricio Chacur -
Secretary of Economic Development of the State of Rio de Janeiro
Tel.: 55 21 2563-4681 Fax: 55 21 2563-4040
Address: Rua Santa Luzia 685 - Centro 9th Floor - Rio de Janeiro - RJ
E-mail: sonia@sebraerj.com.br
Website: www.sebraerj.com.br
Brazilian Small and Medium Size Companies Association

24
M/s Zipping

Mr. Geraldo Aguiar

e-mail: zipping@zipping.com.br
Phone: 5511 3868 4141
Mobile: 5511 9759 3137
Address: Rua Guaricurus, 1200 – Lapa – São Paulo – SP –Zip: 05033-002
Website: www.zipping.com.br
Carpets

25
M/s Zipping

Mrs. Maria Cândida

e-mail: zipping@zipping.com.br
Phone: 5511 3868 4141
Mobile: 5511 9759 3137
Address: Rua Guaricurus, 1200 – Lapa – São Paulo – SP –Zip: 05033-002
Website: www.zipping.com.br
Carpets

26
M/s KLEMAX

Mr. Claudio Fisch

E-mail: klemaxindia@yahoo.com.br
Phone: 5511 7244 4080
Address: Rua Maestro Elias Lobo, 796 – Jardim Paulista Zip:01433-000 SP – São Paulo
Consultant
27
M/s Ordene


Represented by Mr Claudio Fish
Of M/s KLEMAX
Phone: (55-51) 3473-4888
e-mail: wreid@terra.com.br
Address: Rua Dois s/n° - Novo Esteio Industrial - caixa postal 83 - CEP 93270-260 - Esteio /RS
Website: www.ordene.com.br
Plastic Home Products

28
M/s Grupo Bettanin
Represented by Mr Claudio Fish
Of M/s KLEMAX

WWW.BETTANIN.COM.BR
Address: AV INDEPENDENCIA 8885 ESTEIO - RS - CEP 47395 70
Phone: 55 51 4736499
Home Cleaning Products
29
M/s San Remo - Home Ware
Represented by Mr Claudio Fish
Of M/s KLEMAX
WWW.SANREMO.COM.BR
Plastic Products
30
M/s SORVETES LIPS LTDA

Represented by Mr Claudio Fish
Of M/s KLEMAX
WWW.SORVETESLIPS.COM.BR
Address: R COUTINHO E MELO , 196
VAUREA - SP CEP 08411 090
TEL 55 11 6553 7000
Ice Creams
31
M/s GOOC RAIZ LTDA
Represented by Mr Claudio Fish
Of M/s KLEMAX
WWW.GOOC.COM.BR
Address: R FORTE DOS FRANCESES , 248 PQ S LOURENÇO - SP
CEP 08340-150
TEL 55 11 3383 3195
Foot Wears and accessories
32
M/s MARTINS SISTEMAS MÉDICOS

Mr. Daniel Martins

www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Hospital Equipments
33
M/s Crown Telecomumications
Mr. Fernando Lima
www.crowntelecom.com
e-mail: fernando.lima@crowntelecom.com
Telecommunication
34
M/s Atico Brasil.
Mr. Nick Thomas
www.eaticobrasil.com.
e-mail: nick@aticobrasil.com.


Super Market Products
35
M/s Gouvêa de Souza & MD Desenvolvimento Empresarial Ltda
Mr. Marcos Souza
www.gsmd.com.br
Address: Av. Paulista, 171 – 10th Floor - Zip Code: 01311-000
São Paulo - SP
Tel.: 55 11 3262-0666
Fax.: 55 11 3263-0066E-mail: gsmd-de@gsmd.com.br
General Products
36
M/s Sada
Mr. Eduardo Rigo
Av Nicola deMarqui 1500 SBC SP
097 700 -000
Phone: 5511 4396 8181
eduardo.rigo@sada.com.br
www.sada.com.br
Automobile Parts
36
M/s Sada
Mr. Edson Luiz Pereira

Av Nicola deMarqui 1500 SBC SP
097 700 -000
Phone: 5511 4396 8181
eduardo.rigo@sada.com.br
www.sada.com.br
Automobile parts
37
India Brazil Chamber of Commerce in Minas Gerais
Mrs Carolina Christo

www.indiabrazilchamber.org
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Consultant
38
India Brazil Chamber of Commerce in Minas Gerais
Mr. Leonardo Ananda

www.indiabrazilchamber.org
Phone: 5531 3264 5444
E-mail: leonardo@indiabrazilchamber.org
Consultancy
39
India Brazil Chamber of Commerce in Minas Gerais
Mrs. Patrícia Lages

www.indiabrazilchamber.org
E-mail:
Consultancy
40
India Brazil Chamber of Commerce in Minas Gerais
Mrs. Verônica Winter

www.indiabrazilchamber.org
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org
:
Consultant
41
India Brazil Chamber of Commerce in Minas Gerais
Mr. Mauro Federici

www.indiabrazilchamber.org
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Consultant
42
Honorary Consulate of India in Minas Gerais
Mr. Élson de Barros Gomes Jr.

www.indiabrazilchamber.org
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Honorary Cônsul
43
M/s Rama Empreendimentos

Represented by Mr. Élson de Barros Gomes Jr.

India Brazil Chamber of Commerce in Minas Gerais
International Business Company
44
M/s FIDENS

João Andrade

www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Engineering and Construction
45
M/s ATK

Mr. José Eduardo Kury de Oliveira Coelho
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Consultant
46
M/s SANTA CLARA

Mr. Ricardo Maia
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Steel Company
47
M/s G&P

Mr. Armando Oliveira
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Software
48
M/s VEPRO

Mr. Daniel Martins
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Electronic Equipments
49
M/s ITATIAIA

Mr. Marcelo Avanci
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Kitchen Items & Furniture
50
M/s SCHINCARIOL
Represented by Mr. José Carlos Vieira Jr.
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Beverage
51
M/s GREMAFER
Represented by Mr. José Carlos Vieira Jr.
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Chemical Items
52
M/s CASAS BAHIA

Represented by Mr. Jair Rodrigues
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Furniture
53
M/s SABÓ
Represented by Mr. Jair Rodrigues
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Automobile Parts
54
M/s SURYA

Mrs. Renata Mello

www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Cosmetics
55
M/s SAAD

Mrs. Luciana Saad

www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Clothing Accessories and Shoes
56
M/s Letaflex Ltda
Mr. Rafael
www.indiabrazilchamber.org
India Brazil Chamber of Commerce in Minas Gerais
Phone: 5531 3264 5444
E-mail: carolina@indiabrazilchamber.org

Auto Mobile Parts

IMF report on Latin American economies

The November 2006 regional economic outlook report of IMF has positive things to say about the latamerican economies, like the recent reports of other sources. Highlights:

• robust growth of Latamerican and caribbean economies around 4.75 percent in 2006- making the ongoing expansion as the most vigorous in decades. Growth rate in 2007 projected to be 4.25%.
• Domestic demand is buyont, driven by public spending, private consumption and investment
• Inflation in 2006 will average to 5.25% and is likely to decline to 5% in 2007. countries with high inflation in 2006; Argentina 10.9%, venezuela 13.7%, costa Rica 13% and Haiti 14%
• external current accounts and primary fiscal balance are in surplus, exchange rates flexible and public debts safer
• Exports booming adding to trade surplus in many countries
• Reserves reached 300 billion dollars in 2006
• unemployment and poverty have been declining.
• IMF's assistance to the region fell dramatically from about 18 billion dollars per year in 2002-3 to just 0.5 billion dollars in 2006. outstanding credit to the region decreased from 48 billion $ in end 2003 to 3.1 billion in july 2006.

Of course, these are subject to the usual risks including growth and interest rates in USA and commodity prices.

Iflex in Latin America

I visited the Iflex Hqrs in Bangalore on 29 Sept.
The building goes with the name... interesting architecture.
The company was started and is still run by professionals. They have achieved global leadership in their niche area of banking solutions with 660 customers in 120 countries.

i-flex began its operations in Latin America in 2002 with a small team of two people and has now 100 professionals working in the region, including a multinational mix of people from India, Colombia, Venezuela , Honduras, amongst others. They have 20 banks in the Latin American and Caribbean region as customers including Banco de Chile, Bladex, Sicredi, Citibank, Inverunion, PanCaribbean Financial Services, and FirstCaribbean International Bank.
Banco de Chile, one of their early customers selected i-flex to replace its entire core processing system and the project is currently underway in Chile. Likewise, Bladex of Panama, a leading 2nd tier bank in the region, selected their solutions to transform their core and business intelligence platforms.

To know more, visit: www.iflexsolutions.com