(India) Pvt. Ltd
Transcription
(India) Pvt. Ltd
Norwegian Businesses in India Royal Norwegian Embassy, New Delhi 2008 Edition Contents Ambassador’s Message............................................................................................. 6 Indo-Norwegian Matchmaking Programme................................................................ 8 Innovation Norway...................................................................................................... 9 Why India?............................................................................................................... 10 Brief Overview of India-Norway Commercial Ties.................................................... 12 Norwegian Enterprises in India................................................................................ 13 A Look at Norway’s Strengths.................................................................................. 14 India: Demographic Dividend................................................................................... 16 India: Vibrant Economy Driving Overseas M&A Activity.......................................... 17 Major M&A and Investment Announcements in India.............................................. 18 India: Pacing Ahead to Emerge as a Major Economy in the World.......................... 19 Why India? – Quote Unquote................................................................................... 20 Investment Policy..................................................................................................... 22 Entry Strategies for Foreign Investors . ................................................................... 24 Company Formation................................................................................................. 29 Steps to Get a Company Incorporated . .................................................................. 30 Approvals/Clearances Required for New Projects................................................... 32 Business Culture in India.......................................................................................... 34 Norwegian Companies in India................................................................................ 40 • • • • • • • • • • • • • • Aker MH (India) Pvt. Ltd..........................................................................................41 Aker Solutions.........................................................................................................42 Camo Software India Pvt. Ltd.................................................................................. 43 Conax Access Systems Pvt. Ltd.............................................................................. 44 Corporater Asia Technologies Pvt Ltd..................................................................... 45 DiaGenic ASA..........................................................................................................46 Det Norske Veritas..................................................................................................47 DnB NOR Bank, ASA..............................................................................................48 Digimaker India Pvt Ltd...........................................................................................49 EFD Induction Ltd....................................................................................................50 Eltek Sgs Pvt. Ltd...................................................................................................51 Goltens India Pvt. Ltd..............................................................................................52 Grosvenor Pumps India Pvt. Ltd. ........................................................................... 53 Handelsbanken International................................................................................... 54 • • • • • • • • • • • • • • • • • • • • • • • • Hydro Building Systems Pvt. Ltd............................................................................. 55 Ibruk Consulting Pvt. Ltd......................................................................................... 56 ION Softnet . ...........................................................................................................57 Jash Engineering Ltd...............................................................................................58 Jeppesen Norway AS . ...........................................................................................59 Jotun India Pvt. Ltd..................................................................................................60 Kongsberg Process Simulation Pvt. Ltd.................................................................. 61 Mareva Engineering Pvt. Ltd................................................................................... 62 Nera Telecommunications (I) Pvt. Ltd..................................................................... 63 Norwegian Engineering and Consulting Pvt. Ltd..................................................... 64 Odfjell Asa India.....................................................................................................65 Opera Software India Pvt. Ltd................................................................................. 66 Orkla India Pvt. Ltd.Operating Companies: Elkem and Borregaard........................ 67 OutSmart 360..........................................................................................................68 SAR Chandra Environ Solutions Pvt. Ltd................................................................ 69 SAS.........................................................................................................................70 Schiffer Menenzes India Pvt. Ltd............................................................................. 71 Span Infotech..........................................................................................................72 Statkraft Norfund Power Invest AS.......................................................................... 73 Stepstone India Pvt. Ltd.......................................................................................... 74 Tandberg.................................................................................................................75 Vik-Sandvik Design India Pvt. Ltd........................................................................... 76 Wilhelmsen Maritime Services Pvt. Ltd................................................................... 77 Wilhelmsen Ship Management (India) Pvt. Ltd....................................................... 78 Representations and Technical Collaborations (Non Shipping)............................... 80 • • • • Hallvard Leroy As/Celestial International................................................................ 81 Marine Harvest AS/Resource International Pvt.ltd ................................................. 82 Maxit AS/Aventura Components Pvt. Ltd................................................................ 83 Norinco Pvt. Ltd.......................................................................................................84 — ABB Marine AS...............................................................................................85 — Aeron AS........................................................................................................85 — Air Products AS..............................................................................................86 — ENWA Water Treatment................................................................................. 86 — Frank Mohn AS...............................................................................................87 — Hydro Norinco Electrolysers Pvt. Ltd.............................................................. 87 — Kongsberg Process Simulation Pvt Ltd (KPSPL)........................................... 88 — Kongsberg Maritime India Pvt Ltd.................................................................. 89 — Nautic Systems AS......................................................................................... 90 • • • — Norac AS........................................................................................................90 — Norsafe AS.....................................................................................................91 — Scancem Chemicals AS................................................................................. 91 — Ship Equip AS................................................................................................92 — Skipper Electronics AS................................................................................... 92 — STX Norway Offshore AS............................................................................... 93 — Team Tec AS..................................................................................................93 — TTS Handling Systems AS............................................................................. 93 — TTS Marine ASA.............................................................................................94 — Vetco Aibel.....................................................................................................94 Norman Data Defense Systems Asa / Acto Information Systems (I) Pvt. Ltd........ 95 Suretech International.............................................................................................96 Yara International Asa/ Greenfields International . ................................................ 97 Representations and Technical Collaborations (Shipping)...................................... 98 • • • • • • • • Andromeda Shipping (India) Pvt. Ltd..................................................................... 100 Bw Shipping Managers Pvt. Ltd. ......................................................................... 101 Ebony Ship Management Pvt. Ltd......................................................................... 102 Genoa Maritime Services...................................................................................... 103 Herald Maritime Services Pvt. Ltd......................................................................... 104 Osm Maritime Services Pvt. Ltd............................................................................ 105 Race Shipping & Transport Co. Pvt. Ltd................................................................ 106 Wilco Ship Management& Travels Pvt. Ltd........................................................... 107 Useful Government of India Websites.................................................................... 110 Enhancing User Productivity.................................................................................. 111 Norwegian Consulates in India............................................................................... 112 Technical Writing We create clear, comprehensible, accessible and usable documentation (manuals, technical references, online help, process documents, case studies, white papers, proposals and more) Instructional Design and Training Development We create effective instructor-led, elearning and hybrid training solutions (student guides, instructor guides, workshops, online courses, demos and simulations) Training in Technical Writing and Business Productivity We design and deliver comprehensive, practical, industry-focused training courses (writing skills, MS Office, technical writing tools) To learn more about us, visit www.ibruk.in or call us at 91-22-29204260/1 Ambassador’s Message I am delighted to write in the latest issue of ‘Norwegian Business in India’ and take this opportunity to congratulate the IndoNorwegian business community which has taken the business between the two countries to new heights. Historically, trade relations between Norway and India have been modest. However, the tendency is changing. In the course of the past three years bilateral trade has increased by around 150 per cent. The exports from Norway increased from NOK 867 million in 2004 to NOK 3.4 billion in 2007. At the same time the imports from India have increased from NOK 1.2 billion in 2003 to NOK 1.7 billion in 2008. Beyond these figures, a strong foundation for large scale collaboration is emerging between the companies from the two countries. The recent entry of Telenor into the telecom sector in India heralds a new era for Indo Norwegian cooperation. Their cooperation with Unitech wireless will create a strong Norwegian presence in India for years to come. There has been a remarkable growth in maritime sector. Both Indian and Norwegian yards are cooperating actively and ships are both build in Norway for Indian owners as well as Indian yards are delivering to Norwegian owners. A total of more than 60 ships have been or are on delivery from both sides, representing both huge investments as well as the latest technology in the maritime sector. Other significant business events have been amongst others the contract between Moser Baer Photo Voltaic Limited (MBPV) and the Norway based REC Group and the Aker Floating Production ASA’s contract for FPSO with Reliance. The first JV in biotech was reached with the cooperation between DiaGenic and Religare There have been buying and selling of businesses between both the countries. Last year Orkla Group of Norway has acquired MTR Foods of Bangalore in a US$ 80 million deal. Recently Tata group of India has taken a majority stake in a Norwegian company Miljo Grenland. The Norwegian Ministry of Finance has allotted a substantial amount of money for bying CERs from India, We are certain that this will benefit the climate in a positive way. The Norwegian Pension fund is also planning to step up its investments in India from 1 billon USD to approximately 3 billion USD. Currently more than 70 Norwegian companies from a variety of sectors are present in India. We are also providing special attention to the small and medium enterprises through a NORAD funded Indo Norwegian Match Making program. More than 100 Norwegian SME’s have expressed their desire to explore doing business with Indian companies through this program. This brochure represents the sixth edition in this series. It aims to provide information and guidance to Norwegian companies interested in exploring the possibilities of doing business in India, and thereby strengthen the ties between our two countries. Finally let me use this opportunity to thank the business community for their co-operation and support in connection with the development of this publication. New Delhi, November 2008 H.E. Ms. Ann Ollestad Ambassador Indo-Norwegian Matchmaking Programme This Norad funded project was started in 2003 with an aim of promoting private sector development in India. This programme facilitates development of commercial relationship between Norwegian and Indian commercial enterprises. In addition to partner identification, this programme provides a travel and a pre-feasibility study grant. The programme is handled by Innovation Norway in Norway and The Royal Norwegian Embassy in India. For further details, contact Per Reinboth on his email at [email protected] As per December 2008, more than 100 Norwegian companies have participated in the programme seeking Indian partners. As a consequence of this more than 200 Indian companies have been identified and contacted to discuss potential business opportunities. The Norwegian companies in search for partners represents the following sectors: • petroleum related services/training • IT related services/software development • shipbuilding/boat building/fishing vessels • electromechanical industry/electronic components • O&G/energy related equipment • marine equipment/subsea drilling • biotech equipment • cleaner production related equipment • furniture • port management • hydropower For further information on Norwegian industry, please visit www.nortrade. com. Norway’s Official Trade Portal Innovation Norway Innovation Norway was established as a statutory company in December 2003. It took over the initiatives formerly offered by The Norwegian Industrial and Regional Development Fund (SND), the Norwegian Trade Council, the Norwegian Consultative Office for Inventors (SVO) and the Norwegian Tourist Board. There are 750 employees in offices distributed throughout all of Norway’s counties and in 30 countries. The Head Office is located in the Capital of Norway, Oslo. Innovation Norway’s objective is to promote private- and socio-economic profitable business development throughout Norway and to release the commercial opportunities of the districts and regions by encouraging innovation, internationalisation and profilebuilding. Its vision is “We give local ideas global opportunities”. Innovation Norway was established in Delhi in August 2005 and is located in the Royal Norwegian Embassy. Presently it is set up with 4 local market advisors headed by the Commercial Counsellor who is the director of Innovation Norway in India. Innovation Norway India has an important role in assisting Norwegian companies to enter and operate in the Indian market. It is also assisting Norwegian SMEs through Norad sponsored Matchmaking Programme. The priority sectores are Energy, Oil and Gas; Shipping & Maritime; Seafood; Tourism; Environment Technology. It is also covering Sri Lanka, Pakistan and Bangladesh. Innovation Norway has a strong network in the Indian business, both in the political and private environment. It has personnel and contacts with in-depth competence in the abovementioend sector. In India it is a mixture of Indian and Norwegian business culture and is able to transform information from the market for practical business use. Why India? Size Population Political set up Written Constitution Fundamental Rights State Religion Directive principles of State Policy Union of India Parliament Head of State Head of Government Independent Judiciary Language 3.3 Million sq kms. World’s 7th largest nation Over 1.1 Billion people, World’s 2nd most populous nation Parliamentary democracy since independence from British rule in 1947 Preamble: “Justice - social, economic and political, liberty of thought, expression, belief, faith and worship, equality of status and opportunity, and to promote among them fraternity assuring the dignity of individual and the unity of the Nation”. Guaranteed by the Constitution. Secular State - there is no state religion Promotion of peoples’ welfare in a social order 28 Federal States and 7 Union Territories. Two Houses - Lok Sabha (Lower House) and Rajya Sabha (Upper House). President Prime Minister Supreme Court - highest judicial authority in India High Court - head of judicial hierarchy in the State. Official language is Hindi, but English is used for official purposes and is widely read and spoken. Important Laws Governing Business India has an exhaustive legal frame work governing all aspects of business. Some of the important ones include: Corporate Companies Act, 1956 Governs all corporate bodies. Competition Act, 2002 Law to ensure free and fair competition in the market. Consumer Protection Act, 1986 Law relating to protection of consu mers from unscrupulous traders/ manufacturers. 10 Contract Act, 1872 Law relating to contracts in India. Environment Protection Act, 1986 Provides framework for seeking environmental clearances. Foreign Exchange Management Act, 1999 Regulates foreign exchange trans actions including foreign investment. Labour Factories Act, 1948 Law regulating labour in factories. Industrial Disputes Act & Workmen Compensation Act Labour laws dealing with disputes. Industries (Development & Regulation) Act, 1951 Governs all industries. Dispute Settlement Arbitration and Reconciliation Act, 1996 Law relating to alternate redressal of disputes amongst parties. Taxation Central Excise Act, 1944 Governs duty levied on manufacture. Customs Act, 1962 Deals with import regulations. Customs Tariff (Amendment) Act, 2003 The Act puts in place a uniform commodity classifi cation code based on globally adopted nomenclature system for use in all trade-related transactions. Income Tax Act, 1961 Governs direct taxes on income of all persons, both corporate and noncorporate as well as residents and non-residents. Sales Tax Act, 1948 Governs the levy of tax on sales Sector Specific Electricity Act 2003 Regulates generation, transmission, distribution, trading and use of electricity and generally for taking measures conducive to development of electricity industry, promoting competition therein, protecting interests of consumers and supply of electricity to all areas. Securitisation and Reconstruction of Financial Assets and Enfor cement of Security Interest Act, 2002 Seeks to put in place securitisation and asset foreclosure laws creating a legal framework for establishment of Asset Reconstruction Companies. Other Laws Information Technology Act, 1999 Law governing E-commerce tran sactions. Money Laundering Act Prevents money laundering and provides for confiscation of property derived from, or involved in, money laundering. Patents Act, Copyright Act, Trade Marks Act Protect intellectual property rights. Securities and Exchange Board of India Act, 1992 Law relating to protection of interests of investors in securities and regulation of the securities market. Right to Information Act, 2005 Sets out right of every citizen to access information under the control of public authorities and to promote transparency and accountability in the working of every public authority. Provides for constitution of a Central Information Commission and State Information Commission. Special Economic Zones Act, 2005 A comprehensive Act Provides for the establishment, development and management of the Special Economic Zones for the promotion of exports and for matters connected therewith or incidental thereto. Provides for fiscal and economic incentives for developer of / units in SEZ. 11 Brief BriefOverview Overview of of India-Norway India-Norway Commercial Ties Commercial Ties India’s economic and commercial ties with both Norway are on the upswing. There has been a spurt in trade, investments, transfer-of-technology and other contacts. A Norway-India Chamber of Commerce and Industry (NICCI) www.nicci.no was inaugurated on January 26,2007 in Oslo. The current growth in Indo-Norwegian eco-commercial ties is fuelled by complementarities of interests, in sectors such as deep off-shore, shipping, hydro-electricity, Information Technology, Bio-Technology and light consumer goods. Embassy of India in Oslo, together with our Honorary Consuls in Reykjavik, Akureyri, Bergen and Trondheim give high priority to promotion of bilateral eco-commercial contacts. All possible help is rendered in facilitating these possibilities. Approximate Exchange Rate on December 11, 2008: Norway: NOK 1 = 6.90 Indian Rupee INDIa-NorwaY BIlaTEral TraDE from 2000-2006 (In US$ millions) Year Norway’s Imports from India Norway’s Exports to India Total 2000 2001 112.4 69.2 181.6 96.9 48.3 145.2 2002 2003 2004 2005 212.8 104.6 134.0 176.6 200.2 66.4 69.4 128.8 413.0 171.0 203.4 305.4 Source: Statistics Norway dated During 2006 the bilateral trade between India and Norway grew by 37.5% 2006 233.2 334.5 567.7 06.07.07 $ millions Norway's Trade with India 200-2006 Year [Source: Embassy of India, Oslo (Norway)] 12 Bilateral ties Norwegian Enterprises in India Norwegian Enterprises in India India-Norway in Focus 13 13 A Look at Norway’s Strengths Norway is a constitutional monarchy and a country with a strong democratic tradition. With a population of only 4.5 million it ranks among the most prosperous and modern countries in the world with a high degree of social welfare for its inhabitants. Because of its richness of natural resources like oil and gas, the economic growth is substantial. GDP in 2006 was 261.7 billion US $. It is located in the western half of the Scandinavian peninsula, borders on Russia, Finland and Sweden and has a long coastline (2,650 kilometres). Norway is close both to European markets and to the North Sea oil installations. Although Norway is one of the largest countries in Europe in area, its population only numbers some 4.7 million. The country’s long narrow shape and sparse population make good communication very important, and the `authorities have channelled considerable resources to that sector. Inland transport is provided by road and rail systems and ferries, and about 50 operational airports. For international traffic there are frequent rail and air connections to other countries, as well as ferry services for instances to the United Kingdom, Germany and Denmark. Intercontinental flights from the main airports are either direct or via Copenhagen, Scandinavia’s main hub. The Oil and Gas Industry The production of oil and natural gas by the petroleum industry has been a major source of Norway’s economic growth in recent years. It has also made important contribution to general development. Being so close to the North Sea, Norwegian companies have been able to effect major deliveries to new fields, and this has stimulated the development of a highly competent body of engineers. Norway is the third largest exporter of oil in the world. Water Power Plentiful water power has for several decades made Norway a leading exporter, both of electricity and of the products of energy intensive manufacturing industries. More than 99% of the electricity is derived from hydro. In 1995, Norway, Sweden and Denmark agreed to trade power freely. The world’s first power exchange has been established in Oslo. Norway is also at the leading edge of technological development where equipment for this industry is concerned, including the construction of power plants. As a result, Norwegian companies are heavily involved in the building of power plant all over the world. Fisheries Up and down Norway’s long coasts, fishing has always been of great importance. At present, however, fish farming appears to hold out greater 14 potential for growth than traditional fisheries. The main, products for today’s fish farms are salmon and trout. Extensive trials are being carried out on other species of fish and on shellfish. Forestry Forestry is another of Norway’s historically important industries. The rich timber resources are to a large extent utilized in the paper industry. Wood is also the principal house-building material and the basis of a considerable furniture industry. Shipping Shipping has long traditions in Norway. A large proportion of today’s Norwegian tonnage trades between foreign ports. Some years ago, Norwegian taxation rules, crew requirements, etc. prompted owners to establish themselves outside Norway, but the authorities have in recent years sought to encourage owners to operate from Norway, among other things by changing the tax rules with effect from 1996. Tourism Following many years of steady growth, the tourist trade in Norway reached an all time high during the winter Olympics in Lillehammer in 1994. Norway’s main tourist attraction lies in her characteristically rugged landscape. Free movement of Persons In this area, the EEA agreement applies to the EU rules in full. This implies rights to employment, mutual recognition to qualifications, and transfers of social security entitlements. It also means that there are no restrictions on the right to establish and conduct business enterprises. Free movement of services EEA countries impose no restrictions on the provisions of services in each other’s territory. Since services form an essential part of Norway’s total export volume, free access to the European market in services is very important. Free movement of capital The EEA agreement imposes no restrictions on the transfer of capital belonging to the residents of member countries, but does allow members countries to take steps to prevent the rule from leading to distortion of competition between them. Detailed information on Internet For doing business to Norway, go to http://www.bedin.no Before visiting Norway, go to http://www.visitnorway.com To know about government, go to http://odin.dep.no To know about business, go to http://www.nortrade.com For Norwegian yellow pages, go to http://www.gulesider.no Learn more about Norway, go to http://www.norge.no For detailed statistics, go to http://www.ssb.no 15 India: Demographic Dividend Population Median Age (in years) in 2006 45 Years 36 27 18 24 9 33 36 37 China US Russia 43 0 India Japan India is expected to register the largest addition to the working age population in the world by 2010. India is expected to be powered by the largest working age population worldwide by 2050. India’s labour costs, as a percentage of value added, are one of the lowest among Asian countries. Young population (under 25) accounts for about 50 per cent of India’s total population. India’s urban population accounted for 29 per cent of the entire population in 2006. It is projected to reach 37.8 per cent by 2025. Growth in Working Age Population (15–64 years) by 2010 (in million) Additions to Working Age Population by 2010 Stock Position 2005 World 4,168 India 691 Africa 500 China 934 South East Asia 362 Latin America 359 Southern Asia US Europe Japan 314 71 64 44 33 31 17 132 10 200 0 497 8 5 -3 -5 45 95 145 195 In million 245 295 Source: India Brand Equity Foundation, United Nations Statistics, United Nations Statistics, Legal Week 16 345 India: Vibrant Economy Driving Overseas M&A Activity Number of Deals and Value 70 70 60 USD Billion 40 20 10 467 306 12.3 1,200 1,000 800 782 50 30 1,081 600 28.2 400 18.3 Number of deals 80 200 0 0 2004 2005 Deal Value 2006 2007 No. of Deals In 2007, there were a total of 676 M&A deals and 405 private equity deals… Growth Drivers: Globalisation and increased competition Concentration of companies to achieve economies of scale Cash reserves with corporates …In July and August 2008, 74 M&A deals with an approximate value of US$ 5.2 billion were announced In 2007, the total value of M&A and private equity deals was US$ 70 billion… Total M&A deal value was close to US$ 51 billion Private equity deal value increased to US$ 19 billion Trends: Cross-border deals are growing faster than domestic deals Private equity (PE) houses have funded projects as well as made a few acquisitions in India Source: Deal Tracker Grant Thornton, Economic Times, IBEF, RBI 17 Major M&A and Investment Announcements in India POSCO to invest in building steel POSCO to invest building steel manufacturing plantsinand facilities in manufacturing and facilities in India plants by 2016 India by 2016 US$ US$ 12 12 billion billion Vodafone bought Hutch in the year Vodafone bought 2007Hutch in the year 2007 US$ US$ 11 11 billion billion Plans to establish three manufacturing Plans to to produce establishphoto-voltaic three manufacturing plants units plants to produce photo-voltaic units US$ US$ 22 billion billion Plans to spend on its development Plans to spend its by development operations in on India 2012 operations in India by 2012 US$ US$ 1.7 1.7 billion billion Plans to invest in six private equity Plansfunds to invest in sixmarket private equity in Indian funds in Indian market Orkla, Norway takes over MTR Orkla, Norway Foods intakes 2007over MTR Foods in 2007 US$ US$ 80 80 million million Plans network expansion in India Plans network expansion in India US$ US$ 44 billion–US$ billion–US$ 55 billion billion Plans expansion of cement Plans expansion of cement capacity in India capacity in India Over Over US$ US$ 11 billion billion Acquired 60 per cent stake in Acquired 60 per cent stake in Unitech Wireless in 2008 Unitech Wireless in 2008 Source: The Economic Times 18 US$ US$ 0.185 0.185 billion billion Over Over US$ US$ 11 billion billion India: Pacing Ahead to Emerge as a Major Economy in the World 2008 Global Retail Development Index (GRDI) 100 GRDI Score India ranks second in the AT Kearney Global Retail Development Index (2008) 80 60 40 20 0 India Russia Vietnam Ukraine Chile Egypt 2007 Global Services Location Index Services sector continues to attract interest from major global players and large investments are being pumped into it India 2.3 3.2 China 2.9 Malaysia 2.8 Thailand 3.2 1.3 Indonesia 1.4 2 1.2 2.6 Brazil 1.4 2.3 1.6 1.5 1.8 3.3 1.5 Financial structure Business environment 1.1 People and skill availability Projected GDP Growth Rates for Select Upcoming Economies 8 6 G D P G r o w th R a te ( % ) AT Kearney lists India as the most preferable destination for the services sector (2007) China 4 India is expected to outperform other BRIC countries in terms of GDP growth rate from 2015 onwards 2 0 2005–10 2010–15 2015–20 Brazil 2020–25 2025–30 China 2030–35 India 2035–40 2040–45 Russia Source: AT Kearney, BRIC Report 19 2045–50 Why India? – Quote Unquote “India has evolved into one of the world's leading technology centres.” “India is now truly a land of opportunity.” John JohnRedwood Redwood Economic EconomicCompetitiveness Competitiveness Policy PolicyGroup, Group,UK UK Craig CraigBarrett Barrett Intel IntelCorporation Corporation “By 2032, India will be among the three largest economies in the world.” “We cannot remain a global industry leader without a strong presence in India.” Karl KarlSlym Slym GM India GM India “India is the future and the future is here. Critical operations are happening here.” “India today is not an emerging economy. It has fully emerged and it is in full bloom.” Travyn TravynRhall Rhall ACNielsen ACNielsen Anil AnilMenon Menon IBM IBMSoftware Software Olli-Pekka Olli-Pekka Kallasvuo KallasvuoNokia Nokia “The Indian market has two core advantages—an increasing presence of multinationals and an upswing in IT exports.” “India is a very exciting market and the luxury car segment is growing exponentially here.” 20 BRIC BRICReport, Report, Goldman GoldmanSachs Sachs Paul Paulde deVoijs Voijs Managing ManagingDirector Director Volvo VolvoCar CarIndia India Investment Policy Foreign Direct Investment Foreign Direct Investment (FDI) has been recognized as one of the important drivers of the economic growth of our country. Government has, therefore, been making all efforts to invite and facilitate FDI and investment from Non Resident [NRls- which also includes Persons of Indian Origin (PIO)] to complement and supplement domestic investment. Foreign direct investment is freely allowed in all sectors including the services sector, except a few sectors where the existing and notified sectoral policy does not permit FDI beyond a ceiling. FDI for virtually all items/activities can be brought in through the Automatic route under powers delegated to the Reserve Bank of India (RBI), and for the remaining items/activities through Government approval. Government approvals are accorded on the recommendation of the Foreign Investment Promotion Board (FIPB). Main Sectors with FDI Equity/Route Limit • FDI equity limit-Automatic route o Insurance 26% o Domestic airlines 49% o Telecom services- Foreign equity 74% o Private sector banks- 74% o Mining of diamonds and precious stones- 74% o Exploration and mining of coal and lignite for captive consumption74% • FDI requiring prior approval o Defence production 26% o FM Broadcasting - foreign equity 20% o News and current affairs- 26% o Broadcasting- cable, DTH, up-linking foreign equity 49% o Trading- wholesale cash and carry, export trading, etc., 100% o Tea plantation 100% o Development of airports- 100% o Courier services- 100% FDI Policy Initiatives: 2000-2004 • New sectors opened to FDI o Defence production, Insurance, print media - up to 26% o Development of integrated townships up to 100% o e-commerce, ISP with out gateway, voice mail, electronic mail, tea plantation - 100% subject to 26% divestment in 5 years 22 • FDI equity limits raised o Private sector banks raised from 49% to 74% o Drugs and pharmaceuticals from 74% to 100% o Advertising from 74% to 100% o Private sector refineries, petroleum product marketing, exploration, petroleum product pipelines 74% to 100% • Procedural simplification o Issue of shares against royalty payable allowed Recent Initiatives: June 2004 Onwards • FDI in domestic airlines increased from 40% to 49%. Automatic route allowed • FDI up to 100% allowed under the automatic route in development of townships, housing, built up infrastructure and construction development projects • Foreign investment limit in Telecom services increased to 74% • FDI and portfolio investment up to 20% allowed in FM Broadcasting. Hitherto only Portfolio investment was allowed. • Transfer of shares allowed on automatic route in most cases • Fresh guidelines for investment with previous joint ventures • A WTO (TRIPs) IPR regime compliant in position since 2005 Patents Act amended to provide for product patent in pharma and agro-chemicals also. Extant Policy on FDI • FDI up to 100% allowed under the ‘Automatic Route’ in all activities except for o Sectors attracting compulsory licensing o Transfer of shares to non-residents (foreign investors) in financial services, or where the SEBI takeovers regulation is attracted o Investor having existing venture in same field o Sector specific equity/route limit prescribed under sectoral policy • Investments made by foreign investors are given treatment similar to domestic investors Foreign Technology Collaboration Policy • Foreign technology agreements also allowed under Automatic route: o Lump-sum fees not exceeding US$2 Million o Royalty @ 5% on domestic sales and 8% on exports, net of taxes o Royalty up to 2% on exports and 1 % also permitted for use of Trade Marks and Brand name, without any technology transfer • Wholly owned subsidiaries can also pay royalty to their parent company • Payment of royalty without any restriction on the duration allowed. Ministry of Commerce & Industry 23 Entry Strategies for Foreign Investors Starting Operations In India A foreign company planning to set up business operations in India has the following options As an Indian Company A foreign company can commence operations in India by incorporating a company under the Companies Act,1956 through • Joint Ventures; or • Wholly Owned Subsidiaries Foreign equity in such Indian companies can be up to 100% depending on the requirements of the investor, subject to equity caps in respect of the area of activities under the Foreign Direct Investment (FDI) policy. Details of the FDI policy, sectoral equity caps & procedures can be obtained from Department of Industrial Policy & Promotion, Government of India (http://www.dipp.nic. in ). Joint Venture with an Indian Partner Foreign Companies can set up their operations in India by forging strategic alliances with Indian partners. Joint Venture may entail the following advantages for a foreign investor: • Established distribution/ marketing set up of the Indian partner • Available financial resource of the Indian partners • Established contacts of the Indian partners which help smoothen the process of setting up of operations Wholly Owned Subsidiary Company Foreign companies can also to set up wholly-owned subsidiary in sectors where 100% foreign direct investment is permitted under the FDI policy. Incorporation of Company For registration and incorporation, an application has to be filed with Registrar of Companies (ROC). Once a company has been duly registered and incorporated as an Indian company, it is subject to Indian laws and regulations as applicable to other domestic Indian companies. 24 For details please visit the website of Department of Company Affairs under Ministry of Finance at http://dca.nic.in As a Foreign Company Foreign Companies can set up their operations in India through • Liaison Office/Representative Offic • Project Office • Branch Office Such offices can undertake any permitted activities. Companies have to register themselves with Registrar of Companies (ROC) within 30 days of setting up a place of business in India. Liaison Office/Representative Office Liaison office acts as a channel of communication between the principal place of business or head office and entities in India. Liaison office can not undertake any commercial activity directly or indirectly and can not, therefore, earn any income in India. Its role is limited to collecting information about possible market opportunities and providing information about the company and its products to prospective Indian customers. It can promote export/import from/to India and also facilitate technical/financial collaboration between parent company and companies in India. Approval for establishing a liaison office in India is granted by Reserve Bank of India (RBI). Project Office Foreign Companies planning to execute specific projects in India can set up temporary project/site offices in India. RBI has now granted general permission to foreign entities to establish Project Offices subject to specified conditions. Such offices can not undertake or carry on any activity other than the activity relating and incidental to execution of the project. Project Offices may remit outside India the surplus of the project on its completion, general permission for which has been granted by the RBI. Branch Office Foreign companies engaged in manufacturing and trading activities abroad are allowed to set up Branch Offices in India for the following purposes: (i) Export/Import of goods (ii) Rendering professional or consultancy services (iii)Carrying out research work, in which the parent company is engaged. 25 (iv) Promoting technical or financial collaborations between Indian companies and parent or overseas group company. (v) Representing the parent company in India and acting as buying/ selling agents in India. (vi) Rendering services in Information Technology and development of software in India. (vii)Rendering technical support to the products supplied by the parent/ group companies. (viii)Foreign airline/shipping company. A branch office is not allowed to carry out manufacturing activities on its own but is permitted to subcontract these to an Indian manufacturer. Branch Offices established with the approval of RBI, may remit outside India profit of the branch, net of applicable Indian taxes and subject to RBI guidelines Permission for setting up branch offices is granted by the Reserve Bank of India (RBI). Branch Office on “Stand Alone Basis” Such Branch Offices would be isolated and restricted to the Special Economic zone (SEZ) alone and no business activity/transaction will be allowed outside the SEZs in India, which include branches/subsidiaries of its parent office in India. No approval shall be necessary from RBI for a company to establish a branch/unit in SEZs to undertake manufacturing and service activities subject to specified conditions. Application for setting up Liaison Office/ Project Office/ Branch Office may be submitted in form FNC 1 (available at RBI website at www.rbi.org.in ) Foreign Direct Investment (FDI) Policy FDI under automatic route is now allowed in all sectors, including the services sector, except a few sectors where the existing and notified sectoral policy does not permit FDI beyond a ceiling. Automatic Route No prior approval is required for FDI under the Automatic Route. Only information to the RBI within 30days of inward remittances or issue of shares to Non Residents is required. RBI has prescribed a new form, Form FC-GPR (instead of earlier FC-RBI) for reporting shares issued to the Foreign Investors by an Indian company. 26 For details please contact: Chief General Manager, Reserve Bank of India, Foreign Investment and Technology Transfer Division, Exchange Control Department, Shaheed Bhagat Singh Road, Mumbai – 400001. Tel.:+ 91-22-2266 1603 Fax + 91-22-2266 5330 Government Approval Foreign Investment proposed not covered under the ‘Automatic Route’ are considered for Governmental Approval on the recommendations of the Foreign Investment Promotion Board (FIPB) Foreign Investors Non Resident Indians Application for such cases are to be submitted in FC/IL form or on plain paper to Foreign Investment Promotion Board (FIPB) in Department of Economic Affairs, Ministry of Finance, Government of India North Block, New Delhi 110 001. Non Resident Indians are required to submit their proposals to the Secretariat for Industrial Assistance (SIA) Department of Industrial Policy and Promotion, Government of India for consideration of FIPB. Taxation In India India is moving towards reforming its tax policies and systems so as to facilitate globalization of economic activities. The corporate tax rate for foreign companies is 40%. The net tax rate is far lower than this on account of various deductions and exemptions available under the tax laws. Tax holidays are available in Special Economic Zones set up to make industry globally competitive. Infrastructure Sector Projects enjoy special tax treatment/holidays. A user friendly tax administration is being introduced with round the clock electronic filing of customs documents from 31.3.04 For details regarding taxes in India, please contact Ministry of Finance, Government of India, North Block, New Delhi–110 001 through their website http://finmin.nic.in/topics/taxation/index.html Investment Facilitation Secretariat for Industrial Assistance (SIA) in Department of Industrial Policy and Promotion, Government of India provides a single window service for entrepreneurial assistance, Investor facilitation and monitoring implementation of the projects. 27 Secretariat for Industrial Assistance (SIA) Department of Industrial Policy and Promotion Ministry of Commerce & Industry Udyog Bhavan, New Delhi-110 011 Email: [email protected] Tel.: +91-11-23011983 Fax : +91-11-23011034 Useful Addresses Department of Industrial Policy and Promotion Joint Secretary Secretariat for Industrial Assistance (SIA) Ministry of Commerce & Industry Udyog Bhavan, New Delhi-110 011 ,INDIA Tel.: +91-11-23011983 Fax : +91-11-23011034 E-mail: [email protected] Website: http://dipp.nic.in Reserve Bank of India (RBI) Foreign Investment Division, Shaheed Bhagat Singh Road, Mumbai-400 001, INDIA Tel.: + 91-22-2266 1603 Fax : + 91-22-2266 5330 Web site: http://www:rbi.org.in Registrar of Companies Department of Company Affairs Ministry of Finance ‘B’ Block, IInd Floor, Paryavaran Bhawan C.G.O. Complex, New Delhi-110 003, INDIA Tel.: +91-11-24362708 Website: http://dca.nic.in 28 Company Formation Start Obtaining approval for the proposed name of the Company from the ROC Drawing up the Memorandum of Association Drawing up the Articles of Association Getting the appropriate persons to subscribe to the Memorandum (a minimum of 7 for a public company and 2 for a private company) Payment of Registration Fee to the ROC Receipt of Certificate of Incorporation Obtain a certificate of commencement of business from the ROC in case of a public company End Source: Ministry of Commerce & Industry 29 Steps to Get a Company Incorporated 1. Select, in order of preference, a few suitable names, not less than four, indicative of the main objects of the company. 2. Ensure that the name does not resemble the name of any other company already registered and also does not violate the provisions of Emblems and names (prevention of improper use) Act, 1950. 3. Apply to the concerned ROC to ascertain the availability of name in FormI A of General Rules and Forms along with a fee of Rs. 500/-. If proposed name is not available apply for a fresh name on the same application. 4. Arrange or the drafting of the Memorandum and Articles of Association by the solicitors, vetting of the same by ROC and printing of the same. 5. Arrange for stamping of the Memorandum and Articles with the appropriate stamp duty. 6. Get the Memorandum and Articles signed by at least two subscribers in his own hand, his father’s name, occupation, address and the number of shares subscribed for and witnessed by at least one person. 7. Ensure that the Memorandum and Article is dated on a date after the date of stamping. 8. Get the following forms duly filled up and signed: i. Declaration of compliance Form-1 ii.Notice of situation of registered office of the company Form-18. iii.Particulars of Director, Manager or Secretary Form-32. 9. Present the following documents to ROC with filing fee and registration fee: i. The stamped and signed copies of Memorandum and Articles of Association (3 copies). ii.Form-1, 18 & 32 in duplicate. iii.Any agreement referred to in the M&A. iv.Any agreement proposed to be entered into with any individual for appointment as Managing or whole time Director. v. Name availability letter issued by ROC. Power of Attorney from the subscribers in favour of any person for making corrections on their behalf in the documents and papers filed for registration. 30 1. Pay the registration and filing fee by Demand Draft/Banker’s Cheque if it exceeds Rs.1000/-. 2. Obtain Certificate of Incorporation from ROC. Additional Steps to be taken for formation of a Public Limited Company 3. Consent of directors to act as such in Form No.29. 4. Arrange for payment of application and allotment money by directors on shares taken or agreed to be taken. 5. File the statement in lieu of prospectus with ROC in schedule-iv of the Companies Act. 6. File a declaration in Form-20 duly signed by one of the director. 7. Obtain the Certificate of Commencement of Business. 8. As per Citizens Charter name availability will be disposed of in 3 working days. Forms mentioned above can be downloaded from: http://dca.nic.in/downloads_2003.htm Source: Ministry of Commerce, Govt. of India 31 Approvals/Clearances Required for New Projects Approvals/Clearances Required Department to be Approached and Consulted Incorporation of Company Registrar of Companies Registration/IEM/ Industrial license DIC for SSI/SIA for large and medium industries Allotment of land State DI/SIDC/infrastructure Corporation/ SSIDC Permission for land use (in case industry is located outside an industrial area) a. State DI b. Dept. of Town and Country Planning c. Local authority/district collector NOC and consent under Water and Air Pollution Control Acts State Pollution Control Board Approval of construction activity and building plan a. Town and country planning b. Municipal and local authorities c. Chief Inspector of Factories d. Pollution Control Board e. Electricity Board Sanction of Power State Electricity Board Use and storage of explosives Chief Controller of Explosives Use and storage of explosives Chief Controller of Explosives Boiler Inspection Certificate Chief Inspector of Boilers Finance i. SFC/SIDC for term loans ii. For loans higher than Rs. 15 Million, all India financial institutions like IDBI, ICICI, IFCI etc. 32 Registration under State Sales Tax Act, and Central and State Excise Act i. Sales Tax Department ii. Central and State Excise Depts. Extraction of Minerals Geology State Director of Mines ISI Certificate Regional Office of the Bureau of Indian Standards (BIS) Quality Marking Certificate Quality Marking Government Weights and Measures Inspector of Weights and Measures Code Number of Export Import General Regional Office of Director and of Foreign Trade Center of the State SIDC State Industrial Development Corporation SSI Small Scale Industries SSIDC Small Scale Industrial Development Corporation SFC State Financial Corporation DIC District Industry Center GOI Government of India IOBI Industrial Development Bank of India ICICI Industrial Credit and Investment Corporation of India IFCI Industrial Finance Corporation of India Source: Ministry of Commerce, Govt. of India 33 Business Culture in India India is a diverse and complex country, each person you meet will be unique blend of Indian/Western values. People from different socio-economic strata, educational backgrounds, class and religion may behave very differently. Greetings and courtesies • Indians greet each other (and say good-bye) with the namaste, which is formed by pressing the palms together (fingers up) below the chin and nodding the head. When greeting superiors or to show respect, a slight bow is added. • In large cities Indian men will shake hands. Indian men do not generally shake hands with or otherwise touch women, Indian women who are familiar with international customs may shake hands. When meeting a woman, a man should wait for her to initiate a handshake. If she does not, smile and nod slightly. • When addressing a person, it is advisable to prefix the name with a ‘Mr.’, ‘Ms.’, ‘Mrs’ or ‘Miss’, or the professional title of the person [‘Doctor’ or ‘Professor’] unless the person asks you to refer to him by his/her first name. Language English is the common language for conducting business, and therefore, it is not necessary to get your card translated into any Indian language. If you are not from an English-speaking country, then you must get your brochures and other promotional material prepared in English. Presenting and exchanging business cards are a necessary part of doing business in India. Hierarchy & protocols The government-owned public sector companies, are more often bureaucratic and hierarchical, compared to their private sector counterparts, and the ‘new economy’ service sector companies [IT, telecom, banking, insurance, etc.], are more egalitarian and flexible than the traditional manufacturing-sector firms. Try to get your first appointment with the senior most person in the concerned department/organisation. It is likely that s/he may later direct you to meet someone in the middle-level hierarchy, who would be actually relevant for your business. However, coming through the superior person is likely to help when it comes to implementation of decisions. In India, as a sign of respect, the subordinates stand up when the boss enters the meeting room. For many people coming from more individualistic cultures, this creates a dilemma - to rise or not. The best option is to get up from your seat and greet him/her personally. Negotiating process • The pace of business meetings in India is comparatively far more slow than in some of the western countries. 34 • Indians are somewhat lax about time. Even if you arrive on time, it is likely that the scheduled meeting may start with some delay, or that you are kept waiting. This often happens, and does not necessarily mean much. However, a long delay in the meeting can be a signal that you are being given less importance. • Indians do not directly jump into business negotiations. They prefer to do business with those they know. Building a relationship is often considered a prerequisite to doing business. • Showing hospitality is part of the negotiation process. Often meetings start by offering tea/coffee and snacks. It is courteous to accept the offer. Meetings normally start with small talk about non-work-related topics [ranging from weather to whether your journey was comfortable], before people start talking about business issues. Do not feel surprised if you are asked some ‘personal’ questions about your family, children, etc. • Indians Can’t Say “No”. They will not express their disagreements openly and directly; as that would be considered discourteous. • PowerPoint presentations are generally accepted to start the discussion. It is necessary, however, to send a more detailed proposal in advance. • Follow up a meeting with an overview of what was discussed and the next steps. Laws & bueraucracy Indian laws and bureaucracy are quite intricate and cumbersome. It is, therefore, advisable to hire an expert or Indian lawyer or liaison person, who can help you to manoeuvre through these intricacies. Meeting preparations • Though not essential, it often helps in getting an appointment if you have an Indian contact. • It is normally more difficult to get an appointment with officials in a government department then the business organisations. • Since in most Indian cities, the roads are quite crowded, it is advisable to start early for your meetings. Normal office hours are 10:00 a.m. to 5:00 p.m. Normally, lunch is for one hour, between 01:00 p.m. and 2:00 p.m. • For business and official work, western ‘Christian’ calendar are used. The convention for writing dates is dd/mm/yy. • In India Financial Year is calculated from 1st April to 31st March. Since the end of March is the time for closing the financial year, people are very busy. Try to avoid scheduling meeting around this period. Women Though women are doing quite well in the ‘new economy’ in service sector companies, still women executives, in senior positions in manufacturing sectors, are a relatively new phenomenon in the Indian business environment. If you are a woman, you will normally find people respectful and courteous, but not very comfortable in working with you for business deals. Behaving in a professional, confident, and poised manner will help overcome some of this resistance. Women who wish to entertain a male associate should do so during the day (business lunches are more popular than dinners anyway). An Indian man will probably offer to pay the bill, but will not push the point if you politely insist on paying. 35 Women should be prepared for personal questions about their age, marital status, and whether they have children. (These are common topics of conversation and are asked of both men and women.). Business dress code Business attire is conservative. • Men should wear dark colour conservative suits. However, since India has a warm climate, often just a full-sleeved shirt with a tie is also acceptable. Very bright colours should not be worn. • In most companies, particularly in the IT sector, the dress code is much more casual. However, as a visitor, conservative, though not formal, dress is advisable. For foreign women, conservative pant-suits or long skirts, which cover the knees, are more acceptable to wear. Jeans with a T-shirt are acceptable as casual wear in informal situations for both men and women. In a social gathering, if a foreigner wears an Indian costume [kurta-pajama for men, and sari or salwar-suit for women], this kind of dress is also appreciated, and often seen as a gesture of friendship. Business entertaining Business lunches are preferable to dinners in India. However, in recent times, business dinners and ‘power breakfasts’ are also becoming popular. If you are invited for dinner at home, it is advisable to arrive 15 to 30 mins late. Mostly, business meals are organized in either high-class restaurants or in five-star hotels. Some of these places are very much in demand, and you will need to book your table in advance. Most Indian dishes are quite spicy to the western palate. While ordering Indian food you might want to ask the waiter/steward how spicy a given dish will be. Toasting is not a normal custom in India. However, in business meals where drinks are served, it is normal for the host to toast by raising the glass and saying ‘cheers.’ Normally, excessive tipping is not encouraged, but a certain amount of tip is expected. In most restaurants, 5 to 10% is a sufficient tip, which may be added to the bill. Important Do’s and Don’ts about Eating and Drinking Many Indians do not eat non-vegetarian food (including eggs). So it is advisable to ask your guests if they are vegetarians or non-vegetarians. Generally non-vegetarian Hindus do not eat beef, and Muslims do not eat pork. In ordering non-vegetarian dishes, chicken, lamb or fish are safe options. Drinking is prohibited among Muslims, Sikhs and in many other Indian communities. However, with changing times, and especially among urban educated Indians, this is not strictly observed. Traditional Indian women, regardless of their religion, don’t smoke or drink. Among urban elite Indians, many women do drink wine or beer, and also smoke. 36 Business gifts Gift giving is sign of friendship and is customary in India, but, it is generally not expected at the first meeting. It is advisable not to give expensive gifts, since Indians try to reciprocate gift, if it is too expensive, it can cause embarrassment for the recipient. Use red, orange, yellow, green or blue coloured wrapping paper. White and black colours are considered inauspicious. Normally, gifts are not opened in the presence of the giver. If you are invited to an Indian’s home for dinner, you should take some kind of gift, such as a box of chocolates or flowers. If you are giving money as a gift, do remember that 11, 51, 101, 501, etc. are considered auspicious numbers. Different flowers have different connotations across India. A bouquet of roses is the safest choice across the country. If your host drinks and keeps drinks at home, a bottle of scotch whisky or wine will be appreciated. General Guidelines Most Indians enjoy good conversation on a variety of topics. Even in business meetings, it is common and normal to start discussions with ‘small talk’ on other unrelated issues. In fact, this is seen as a way of building rapport and trust. Welcome topics for discussion are politics, cricket, films and in recent times Indian economic reforms. Topics to be avoided for conversation are religious beliefs (although genuine enquiry into a religious practice or ritual will normally be met with an enthusiastic response), relationship with Pakistan (many Indians can be very biased, emotional and one-sided when discussing Pakistan) and poverty in India (Indians can discuss poverty themselves but if a foreigner initiates discussion about it, it is likely to be interpreted as impolite criticism). Sometimes, Indians ask questions which can be seen as too personal and intrusive. However, one must remember that discussing one’s family and personal life is normal among Indians. In fact, often enquiring about the other person’s family is seen as a sign of friendliness. Conversation in India is as much an exchange of views as it is a mode of building and strengthening relationships. Consequently, complimenting and showing appreciation are quite normal among Indians. Source http://www.communicaid.com http://www.executiveplanet.com https://www.cia.gov http://ec.europa.eu http://www-wds.worldbank.org http://web.worldbank.org/ http://www.doingbusiness.org/ 37 World premier in India developed The Norwegian company DiaGenic has developed the world’s first test for breast cancer requiring just blood. The test was launched in New Delhi, India, in November. Breast Cancer is a growing problem in India, and the test and few drops of blood offer real hope for Indian women. “The BCtect™ - developed by DiaGenic - has the potential to identify cancer early and in a very patient friendly way,” says Erik Christensen, CEO of DiaGenic. “This makes the method suitable as a first line test and as an adjunct to mammography.” Christensen is very pleased that the largest laboratory chain in Southeast Asia, SRL Ranbaxy LTD will distribute BCtect™ in India. Growing problem in India Breast cancer is the second most common form of cancer amongst Indian women and is growing in both urban and rural communities. In 2007, 100,000 women died from breast cancer, and according to the International Agency for cancer Research, it is estimated there will be approximately 250,000 new cases in the country by 2015. Early diagnosis is essential for improving survival rates, even more so in India where the incidence is growing among younger women. As per today, only 10% of cases are detected at the vital early stage where the odds for survival are highest. Currently, mammography is the only real options to detect breast cancer early. However, mammography is not widely available in India and has severe limitations in women with dense breast tissue, especially younger women. DiaGenic believes that the availability of BCtect™ will help to improve the situation for Indian women considerably. Remote signs offer a new way of testing DiaGenic scientists base the patentprotected concept for the early diagnosis of diseases, like breast cancer, on a unique finding. They found that even when a disease is localized at specific body site such as the breast or brain, disease specific secondary responses can be measured in clinical samples collected from other far away parts of the body. One such response includes characteristic changes in the expression pattern of selected genes in blood samples taken from veins in the arm. DiaGenic’s concept involves identifying these genes and using them to develop a disease-specific gene expression signature for early disease detection. Current methods not enough Right from the beginning DiaGenic saw breast cancer as an ideal application for for breast cancer test in Norway its gene expression signature method. According to CEO Erik Christensen, the need to carry out breast cancer diagnosis is present in all stages of the disease: “The diagnostic methods currently in use vary widely and all have clear limitations. For example, mammography which is used in mass screening and diagnosis has difficulties in identifying small tumours and is poorly suited to several types of cancer and younger women.” No difference between people Development of BCtect™ was aided through collaboration with one of the world’s leading experts on breast cancer, Professor Anne-Lise Børresen-Dale at the Norwegian Radium Hospital. Based on several clinical studies DiaGenic identified a set of genes and validated their use in detecting breast cancer early in Caucasian women. The performance of the BCtect™ was later tested in the diverse Indian population. One of DiaGenic’s founders, Dr Praveen Sharma is from India and he initiated a large multicenter study. All BCtect laboratory procedures were transferred to DiaGenic’s local laboratory partner, LabIndia. One of the key investigators in the trial, Dr Yathish Kumar, Panacea Hospitals Pvt. Ltd, Bangalore, welcomed the initial results. He says there is a major need for an early blood test in India: “Currently, survival rates for breast cancer are low in India and there is not an effective screening program. Furthermore, Indian women tend to have denser breast tissue and to suffer from the disease earlier than in the West. Using blood as the sample material and being able to screen earlier is thus an extremely attractive proposition and would enable us to start tackling the problem effectively.” Available in India Erik Christensen in DiaGenic says that the trials attracted a great deal of interest. “The intention is to enable Indian women to have regular check-ups with a minimum of stress at their local doctors.” Dr Praveen Sharma, cofounder of DiaGenic adds: “It is to my great satisfaction that DiaGenic will first launch BCtect™ in India. There is an increasing need for this test in the country. The incidence of breast cancer is rising among younger women, and nationwide screening program is lacking. There is low rate of survival due to late discovery and women are becoming more aware of the disease. “ The Indian clinical trials and commercial setup has been coordinated by DiaGenic’s Indian partner, PAC Med Biotech Pvt. Ltd. Manipal Acunova acted as DiaGenic’s CRO in India and LabIndia performed all technical work. Norwegian Companies in India 40 Aker MH (India) Pvt. Ltd Contact Person (India) Address (India) Telephone(s) (India) Fax (India) Email (India) Type of Collaboration Norwegian Participation Norwegian Collaborator Address (Norway) Telephone(s) (Norway) Fax (Norway) Email (Norway) Web Address Company Profile Mr. Shakti Verma (GM) Powergas House 177, Vidyanagari Marg Kalina, Santacurz (E) Mumbai – 400 098 +91-22-6584 4291 / 92 +91-22-6704 6444 [email protected] [email protected] 100% Subsidiary Company of Aker Kvaerner MH AS, Norway 56.6% (Through Aker Kvaerner Process Mauritius) Aker Kvaerner MH AS Serviceboks 413 N-4604 Kristiansand Norway + 47-38 05 70 00 + 47-38 05 72 50 [email protected] www.akerkvaerner.com/drilling equipment The Company renders technical services to the customers for Aker Kvaerner MH Oilfield drilling equipment. The company is a part of Aker Kvaerner group. Aker Kvaerner MH AS is recognised for its development of new technology for deepwater drilling based on field-proven drilling equipment. Satisfying the industry’s requirements to efficiency, safety and operability has always been a prime objective. Aker Kvaerner’s strategy is to provide the international onshore and offshore industry with: • Complete drilling equipment packages/modules (RamRig or conventional) • Full range of drilling equipment • Well intervention packages • Drilling support modules • Drilling control systems • Land Rigs Aker Kvaerner’s competitiveness is based on a unique combination of equipment deliveries, project execution capabilities and excellent after sales/ service. 41 Aker Solutions Contact Person (India) Mr. Pothen Paul Address (India) Powergas House I77 Vidyanagari Marg Kalina Mumbai – 400 098 Telephone(s) (India) +91-22 6691 5901 6691 5928 Fax (India) +91-22 6691 5934 6691 5937 Email (India) [email protected] Type of Collaboration Technical & Financial Norwegian Participation 56.6% (Through Aker Kvaerner Process Mauritius Norwegian Collaborator Aker Kvaerner ASA (Power Gas) Address (Norway) Aker Kværner ASA (Power Gas) Prof. Kohtsvei 15 PO Box 169 1325 Lysaker Norway Telephone(s) (Norway) +47-67 51 30 00 Fax (Norway) +47-67 51 30 10 Company Profile Aker Solutions is a part of Aker Kvaerner E&C of Aker Kvaerner ASA, Norway. They are a world class global engineering group having registered office in Mumbai employing around 1248 well qualified engineers and other staff. They add value to the customers business by providing innovative and cost-effective solutions in engineering, contracting and construction. They offer complete range of services necessary for global projects, from concept to operation and have a strong track record in executing some of the most technically and logistically challenging engineering projects. Among the industries, they serve: metals, oil and gas, chemicals and polymers, pharmaceuticals. 42 Camo Software India Pvt. Ltd. Contact Person (India) Mr. Sreenath (Director) Address (India) 14 & 15 Krishna Reddy Colony Domlur Layout Bangalore – 560071 Telephone(s) (India) +91-80-4125 4242 Fax (India) +91-80-4125 4181 Email (India) [email protected] [email protected] Norwegian Collaborator CAMO Process AS Address (Norway) Nedre Vollgate 8 N-0158 Oslo Norway Telephone(s) (Norway) +47 – 22 3963 00 Fax (Norway) +47 – 22 3963 22 Email (Norway) [email protected] Web Address http://www.camo.com Company Profile Develop and deliver unmatched quality software products, solutions and services that offer our customers excellent ROI and productivity”. As pioneers in Multivariate Data Analysis software products, CAMO Software offers the most definitive analytical modeling, prediction and optimization solutions. CAMO’s flagship simulation and prediction software products are The Unscrambler® and the Product Optimizer. 43 Conax Access Systems Pvt. Ltd. Contact Person (India) Mr. Tryggve Arveschoug (Chief Executive Officer) Address (India) B–206 Millennium Plaza Sector 27 Sushant Lok – I Gurgaon – 122002 Haryana Telephone(s) (India) +91-124-404 5 307 Fax (India) +91-124-404 5 308 Email (India) [email protected] Type of Collaboration Wholly owned subsidiary Norwegian Collaborator Conax AS Norwegian Participation 100% Address (Norway) Conax AS Kongens gate 8 NO-0153 Oslo Norway Telephone(s) (Norway) +47-22 40 52 00 Fax (Norway) +47-22 41 70 39 Email (Norway) [email protected] Web Address www.conax.com Company Profile Conax AS is a limited company, wholly owned by Telenor AS. Conax AS develops, produces, operates, supports and markets intelligent cards and associated systems and services. It has a long experience in the field of smart cards for pay – TV. Conax is a leading supplier of state-of-the-art conditional access solutions for digital TV, offering content protection for broadcast via all kind of networks. As a pioneer in the field of conditional access, Conax is a globally oriented player, with a solid base of clients in more than 70 countries. The headquarters are in Oslo, Norway. Conax has subsidiaries in USA, India and Germany and sales & support offices in Russia, Singapore, China, South Korea, Brazil, and Canada. Conax is ISO 9001 and BS7799 certified. 44 Corporater Asia Technologies Pvt Ltd. Contact Person (India) Mr. Madhavan Gopalarathnam Address (India) Corporater Asia Technologies Pvt Ltd. No. 54, Apex Towers 3rd Floor, 2nd Floor R.A. Puram Chennai-600 028, TN India Telephone(s) (India) +91-44 6457 5347 +91 9841250836 Fax (India) [email protected] Type of Collaboration Subsidiary Norwegian Collaborator Corporater AS Norwegian Participation Corporater AS owns 100% stake in Corporater Asia Head Office Norway) Global Head Quarters • IPARK P.O. Box 8034N-4068 Stavanger Norway • Contact: Mr. Tor Inge Vasshus Telephones (Norway) +47 4153 4060 +47 4153 4050 Mobile (Norway) Web Address www.corporator.com Company Profile Corporater was founded in 2000 when it released its first solution, Balanced Scorecard Suite. Over the years, its functionality has expanded to include enterprise reporting, risk management, survey tools, OLAP, among other related tools. Today, its flagship enterprise solution, Enterprise Performance Management Suite is in use by over 150,000 licensed users worldwide. Corporater is a fast growing company, and continues to be included on Deloitte’s Fast 500 list. With offices in the United States, United Kingdom, Argentina, India and Norway, our international team of developers is committed to providing powerful, user-friendly performance management solutions that are easy to implement and maintain. 45 DiaGenic ASA Contact Person Mr. Vinay Batra Sales and Marketing Director Address (India) Super Religare Laboratories Limited Piccadilly House, 4 th floor 275-276 Captain Gaur Marg New Delhi – 110 065 Telephone(s) India +91 11 42295222 Fax (India) +91-11-41802121 Email (India) [email protected] [email protected] Type of Collaboration Research and development Head Office address in Norway DiaGenic ASA Grenseveien 92 NO-0663 Oslo Telephone(s) Norway +47 23 24 89 50 Norwegian Collaborator The National Cancer Hospital Norwegian Participation Company Profile DiaGenic ASA is an innovative Norwegian life sciences company listed on the Oslo Stock Exchange. DiaGenic develops blood based tests for the early diagnosis of diseases by using gene expression technologies. In November 2008 the first diagnostic assay for early breast cancer detection, BCtect™, was launched in India in partnership with SRL Diagnostics (formerly known as SRL Ranbaxy). DiaGenic’s tests for the early detection of breast cancer and Alzheimer’s disease (ADtect™) will be launched in Europe early 2009. More info at www.diagenic.com 46 Det Norske Veritas Contact Person (India) Mr. Kamal Kumar Address (India) Emgeen Chambers 10, C.S.T. Road, Vidyanagari Kalina Santacruz East. Mumbai 400098, India Telephone(s) (India) +91-22-2665 0909 / 2665 4606 Fax (India) +91-22-2665 1412 Email (India) [email protected] Web Address (India) www.dnvindia.com Type of Collaboration Wholly owned subsidiary Norwegian Collaborator Det Norske Norwegian Participation 100% Address (Norway) Oslo, Veritasveien 1 1322 Høvik Norway Det Norske, Veritas Telephone(s) (Norway) +47-67 57 99 00 Fax (Norway) +47-67 57 99 11 Email (Norway) [email protected] Company Profile DNV is a independent foundation with about 300 offices in 100 countries across the globe. It is involved with Ship Classification, Maritime Advisory Services, Training, Management Systems Certification(ISO 9000,ISO14000,QS 9000, TS16949, Tick IT, BS 7799, SA 8000, HACCP, etc) EB Trust Marking, Product Certification, CE Marking, Inspection Services, Technical Advisory Services, Safety, Occupational Health, Environment and Quality (SHEQ) Advisory Services, Technical Risk Management Services and Business Risk Management Services. DNV has been approved by UNFCCC to act as validator and as one of the certifying authorities for projects under clean development mechanism. It has 12 offices spread across 11 cities in India. 47 DnB NOR Bank, ASA Contact Person Mr. Derick Dias Address (India) India Representative Office C/o DBS Office Business Center Raheja Chambers 213 Nariman Point Mumbai 400021 Telephone(s) (India) 9122 40509200, 91 9833081929 Fax (India) 9122 22872640 Email (India) [email protected] Type of Collaboration India Representative Office Norwegian Participation 100% Norwegian Collaborator DnB NOR ASA Address (Norway) NO-0021 Oslo Stranden 21, Oslo Telephone(s) (Norway) + 47 915 03000 Mobile (Norway) Web Address www.dnbnor.no Company Profile DnB NOR ASA is Norway’s largest and most international bank with a worldwide network of 14 branches and international offices. It is one of the world’s foremost shipping banks and a major player in the energy sector. The bank has a presence in Asia since 1970 and has branches in Singapore, Shanghai and the newly opened representative office at Mumbai in India. It offers entire gamut of corporate finance, corporate banking, forex/treasury and cash management solutions to high quality, credit worthy shipping, offshore, logistics, energy and Nordic customers in Asia. The representative office in Mumbai will support the Group’s international growth strategy and will service local corporates in the shipping, offshore, logistics, energy sectors and also partner & service Norwegian customers in India. 48 Digimaker India Pvt Ltd Contact Person (India) Mr. Sunny Ghosh Address (India) No: 500 Unicorn House Amarjyothi Layout Domlur Bangalore – 560071, India Telephone(s) (India) +91 80 40 05 43 00 Fax (India) +91 80 41 25 44 80 Email (India) Mail: [email protected] / [email protected] Contact Person (Norway) CEO Mr. Robert Kristiansen Address (Norway) P.O. Box 292 4663 Kristiansand S Norway Head Office Sjølystveien 3, 4610 Kristiansand S Telephone(s) (Norway) 47 381 05 971 Email (Norway) [email protected] Company Profile Founded in 1997, Digimaker offers service and solutions for organizations looking to leverage the power of .NET. Digimaker is a Microsoft Gold Certified Partners with extensive knowledge and experience on .Net platform. Dedicated to a single client, a team uses technology, tools, processes and methodologies unique to that client in a software development center in Bangalore, India. We have adapted our agile development methods and tools to leverage key features of .NET. Our methods bring clients complete confidence of a successful adoption of Microsoft’s key technology platform with quality of output. Moving strongly with highly qualified professionals employed in Kristiansand-Norway (Corporate office) and dedicated development and research center in Bangalore, India, Digimaker is well known in the Nordic regions and is now expanding fast into new international markets with an exciting partnership model and solution provider in .Net Technology. 49 EFD Induction Ltd. Contact Person (India) Hubert Reilard (Managing Director) Address (India) Plot No. 16 C & D KIADB Industrial Area Attibele Anekale Bangalore-562 107 Karnataka Telephones (India) +91-80-2782 0404/2782 0509 Fax (India) +91-80-2782 0405/2782 0591 Email (India) [email protected] Type of Collaboration Fully owned subsidiary Norwegian Collaborator EFD Induction ASA Norwegian Participation Wholly owned subsidiary CEO (In Norway) Mr. Eivin Jorgensen Address (Norway) EFD Induction AS P.O. Box 363 Sentrum N-3701 Skien Norway Telephones (Norway) +47-35 50 60 00 Fax (Norway) +47-35 50 60 10 Email (Norway) [email protected] Web Address www.efd-induction.com Company Profile The EFD Induction Limited established in 1992, manufactures state of the art induction heating equipments at its factory in Attibele, Bangalore. The company also offers heat treatment services for induction hardening and brazing. 50 Eltek Sgs Pvt. Ltd. Contact Person (India) Mr. Krishna Kumar Pant Address (India) 362, Pace City II Sector 37 Gurgaon-122001 Harayana Telephone(s) (India) +91-124-221 0018 / 19 Fax (India) +91-124-221 0017 Email (India) [email protected] Web Address www.eltekvalere.com Type of Collaboration Joint Venture Norwegian Collaborator Eltek Valere AS Norwegian Participation >51% Contact Person (Norway) Mr. Dag L. Andersen Vice President Global Operations Address (Norway) Eltek Valere AS Gråterudveien 8 3036 Drammen Norway Telephones (Norway) +47-32 20 32 00 Fax (Norway) +47-32 20 32 10 Email (Norway) [email protected] Web Address www.eltekvalere.com Company Profile It is a joint venture between Eltek Valere AS (Norway) and SGS Tekniks Pvt. Ltd. India. The company, established in 1997, has an ISO 9002 certification. The company is involved in manufacturing, marketing, sales and after sales support of Eltek’s DC power system solutions for telecom applications. Eltek’s SMPS based DC power systems incorporate latest technology and are especially designed to meet Indian environment conditions. 51 Goltens India Pvt. Ltd. Contact Person (India) Mr Jayanath Subramanian Country Head Address (India) 415-417 Crystal Paradise the Mall Dattaji Salve Marg (Off Veera Desai Road), Andheri (W) Mumbai-400 053 Telephone(s) (India) +91 22 66755888 Fax (India) +91 22 66755890 Email (India) [email protected] Web Address (India) www.goltens.com Type of Collaboration Network Company Norwegian Collaborator Goltens Europe Contact Person (Norway) Mr. Finn Moe Managing Director Address (Norway) Stromsvein 195-197, 0668 Oslo Norway Telephone(s) (Norway) + 47 22 88 39 30 Fax (Norway) + 47 22 88 39 31 Website www.goltens.com Company Profile Goltens is a leading provider of specialized repair, maintenance, recondi tioning services and trading of engineering components for the worldwide shipping, offshore marine installations, industrial plants and power stations. Goltens is the only independent repair specialist to offer ship owners, managers and OEMs all-inclusive worldwide service. Each year over 1000 clients including ship-owners, shipyards, industrial plants and power stations, rely on Goltens to organize, plan and perform critical maintenance and repair work. 52 Grosvenor Pumps India Pvt. Ltd. Contact Person (India) Mr. R. D. Bohra Address (India) Grosvenor Pumps India Pvt. Ltd., S-31 Ashoka Palace Jitendra Road Malad East Mumbai 400 097 Telephone(s) (India) +91-22-2871 0175/76 Fax (India) +91-22-2871 0176 Email (India) [email protected] Type of Collaboration Technical Norwegian Collabator Pumperfirma Mapex, Address (Norway) P.B. 602-5501 Haugesund Norway P.B. 602 5500 Haugesund Norway Telephone(s) (Norway) +47-52 71 41 12 Fax (Norway) +47-52 72 66 40 Web Address www.grosvenorpump.com www.mapex.com Company Profile This is a technical collaboration for manufacturing centrifugal pumps and the area of operation spreads across India, Africa and Middle East. 53 Handelsbanken International Contact Person (India) Mr. Jonn Ødmann Address (India) 6th Floor House Fin Bhavan C-21, Bandra Kurla Complex Bandra (E) Mumbai-400 051 Telephone(s) (India) +91-22-2657 3826 Fax (India) +91-22-2657 3829 Email (India) [email protected] Web Address (India) www.handelsbanken.com/in Type of collaboration Representative office Norwegian collaborator Handelsbanken Norwegian Participation Handelsbanken is an Anglo-Nordic Bank with full bank operation in Norway Address (Norway) Rådhusgaten 27, N-0113 Oslo Telephone(s) (Norway) +47 22 94 07 00 Fax (Norway) +47 22 41 15 24 Company Profile Handelsbanken operates over 40 branches in Norway. The Indian representative office opened in 2006, with an aim to facilitate trade between Norway and India, primarily through documentary credits. The Indian office facilitates bank accounts, credits (both Rupee and international) and an internet based cash management service. Indian companies looking for acquisition targets in Norway should contact the Mumbai office. Handelsbanken has a large presence in Asia including mainland China, Taipei, Hongkong, Malaysia and Singapore 54 Hydro Building Systems Pvt. Ltd. Contact Person (India) Mr.Unmil Ghosh (Senior Advisor) Mr. Dipankar Panda (Head Logistics) Address (India) 736, Eshwari Industrial Estate Hulimavu Gate Bannerghatta Road Bangalore – 560 076 Telephone(s) (India) +91-80-2658 9851/52 +91-80-2658 9132/34 Fax (India) +91-80-2658 9850 Email (India) [email protected] Web Address www.hydro.com Type of Collaboration Wholly owned subsidiary Norwegian Collaborator Norsk Hydro ASA Norwegian Participation 100% Address (Norway) Street address Drammensveien 264 N-0283 Oslo, Norway Telephone(s) (Norway) +47-2253 8100 Fax (Norway) +47-2253 2725 Email (Norway) [email protected] Web Address www.hydro.com Company Profile Hydro Building Systems Pvt Ltd. markets aluminium building systems such as windows, doors, partitions, curtain walls, structural glazing and other aluminium products of international repute under three world famous brands, Domal, Wicona and Technal. 55 Ibruk Consulting Pvt. Ltd. Contact Person (India) Aruna Panangipally Managing Director Address (India) A-404 Mangalya Off Marol-Maroshi Road Opp Marol Fire Station Andheri (E) Mumbai – 400059 Telephone(s) (India) +9122 29204260/1 Fax (India) +91-22-29204266 Email (India) [email protected] [email protected] Type of Collaboration Joint Venture Norwegian Collaborator Ibruk AS, Norkon AS Norwegian Participation Joint Venture with 75% Norwegian Equity Participation Contact Person (Norway) Mr. Stein Tore Johnsen Address (Norway) Industritunet Dyrmyrgata 35 3611 Kongsberg Telephone(s) (Norway) +47 920 79000 Mobile (Norway): +47 975 96115 Fax (Norway) +47 32723301 Email (Norway) [email protected] Web Address www.ibruk.no Company Profile ibruk Consulting provides the following services: • Technical Writing • Instructional Design and Training Development • Training in Technical Writing and Business Productivity Among our valued clients are Reuters Financial Services, IBM, and Johnson & Johnson, India You can learn more about us at www.ibruk.in 56 ION Softnet Contact Person (India) Peder Floer Address (India) E-96, Phase VIII Industrial Area S.A.S Nagar Mohali-160071 Punjab, India Telephone(s) (India) +911725063927 Fax (India) +911722236281 Email (India) [email protected] Web Address (India) www.ionsoftnet.com Type of Collaboration Offshoring of IT services to India Norwegian Collaborator Ergo Group, Norman, Libris, Lindorff BW Gas, Catalyst One HR Manager, SYSteam, Zalaris Norwegian Participation 27% by Peder Floer,35% by Ergo Group. Contact Person (Norway) Peder Floer (Sales Director) Telephone(s) (Norway) +47 95101321 Email (Norway) [email protected] Web Address www.ionsoftnet.com Company Profile ‘ION Solutions’ is a multi-national company which provides offshore ‘Software Development and Application Maintenance’ services to other companies located across the globe. Our core competency lies in delivering solution engineering, service continuity, technology optimization, and customized project management. It makes us one of the corporate leaders in North India. We strive to optimize customer profits by delivering costeffective i.e affordable and scalable solutions. To support this, we implement the unique ‘Offshore Development Model’ and religiously follow the motto “Quality our Passion”. So, highest levels of quality, ethics and integrity are the cornerstones of our business. ‘ION Solutions’ got established in the year 2001, by a group of five ‘technofunctional consultants’. It has a rich history of innovation and growth. The company’s headquarters is operational from Chandigarh (Mohali) i.e. India. 57 Jash Engineering Ltd. Contact Person (India) Pratik Patel Director Address (India) 31 Sec-C, Sanwer Road Industrial Area Indore - 452 015 (M.P.) India Telephone(s) (India) +91-731-2720143 Fax (India) +91-731-2720143 Email (India) [email protected] Web Address (India) www.jashindia.com Norwegian Collaborator Hollung Group AS, Norway Norwegian Participation (%), if Joint Venture None Contact Person (Norway) Jan Vidar Markussen Sales Director Address (Norway) Haldenveien 6 1631 Gamle Fredrikstad Norway Telephone(s) (Norway) +47 69 35 20 20 Fax (Norway) +47 69 35 20 21 Email (Norway) [email protected] Company Profile Jash Engineering Ltd., established in the year 1948 is an ISO-9001: 2000 company manufacturing wide range of equipment used in water and waste water industry like Penstocks / Sluice gates, Open channel gates, Weir gates, Flap gates, Stop logs, Knife gate valves, Step screens, Drum screens, Raking screens, Static screens and Butterfly valves. The company also manufactures a wide range of Slide gate valves, Swing valves, Double flap valves and custom designed valves for handling critical bulk solids in varied industry like power, petrochemical, mining, chemical, paper and pulp etc. With over 5 decades of experience, JASH is an industry leader with the largest market share within India for most of the products manufactured by it. Jash is an approved supplier in many countries worldwide and exports its products to over 20 countries. Jash offers a single stop solution to its clients by offering the most varied range of these products and in largest possible sizes. 58 Jeppesen Norway AS Contact Person (India) Capt. Raj Shekhar Chakravorty Address (India) 505 Raheja Arcade Sector 11, CBD Belapur, 400 614 City: Navi Mumbai, India Telephone(s) (India) +91 22 6510 3668 Fax (India) +91 22 6793 9504 Email (India) [email protected] Norwegian Collaborator The Mumbai office looks after the Indian market for Jeppesen Norway Contact Person (Norway) Willy Zeiler Marketing Manager Address (Norway) P.O. Box 212 4379 Egersund Norway Telephone(s) Norway + 47 51 46 47 00 Mob. + 47 90 66 70 36 Fax (Norway) +47 51464701 Email (Norway) [email protected] Web Address www.jeppesen.com Company Profile Jeppesen Marine is a provider of global navigational service designed to meet the needs of merchant marine vessels operating worldwide. Jeppesen Marine’s primary goal is to provide navigators around the world with all nautical information necessary for safe navigation, and its strategy is based on co-operation with national Hydrographic Offices and the support of ECDIS and ECS manufacturers and end users. 59 Jotun India Pvt. Ltd. Contact Person (India) Claes Jansson Address (India) 204 & 205, Ascot Centre Sahar Road Andheri (East) Mumbai 400 099. India Telephones (India) +91-22-28224600 Fax (India) +91-22-2820 5900 Email (India) [email protected] Type of Collaboration Wholly owned company Norwegian Collaborator Jotun A/S Norwegian Participation 100% Contact Person (Norway) Vidar Vllenrod Group Vice President (Communication) Jotun Group Worldwide Address (Norway) Postboks 2021 3248 Sandefjord Telephones (Norway) +47-33 45 70 00 Fax (Norway) +47-33 45 72 42 Email (Norway) [email protected] Web Address http://www.jotun.com Company Profile The Jotun Group is one of the world’s leading manufacturers of paints and powder coatings, with 71 companies and 40 production facilities on all continents. In addition Jotun has agents, sales offices and distributors in more than 70 countries. Jotun develops, produces and sells cost-effective paint and coatings products, and provide customer service and technical support to residental, marine and industrial markets worldwide. Head office is located in Sandefjord, Norway. Jotun is now having a production plant in Ranjangaon near Pune in India. Jotun produces both liquid and powder coatings to the IT, oil & gas, shipping sectors among many others. 60 Kongsberg Process Simulation Pvt. Ltd. Contact Person (India) Mr. Ola Petter Tollefsen Ms. Arti Shetty Address (India) Ajanta Executive Centre 8, Juhu Tara Road Mumbai – 400049 Telephones (India) (P)+91-22-2660 3666 / (F)+91-22-2660 5095 Fax (India) +91-22-2660 5095 Email (India) [email protected] [email protected] Type of Collaboration Subsidiary Norwegian Owner Kongsberg Maritime AS Norwegian Participation 100% subsidiary Contact Person (Norway) Torfinn Kildal, CEO Address (Norway) Kirkegaardsveien 45 P.O. Box 483 NO-3601 Kongsberg Norway Telephones (Norway) +47-3228 5000 Fax (Norway) +47-3228 5010 Email (Norway) [email protected] Web Address www.km.kongsberg.com Company Profile Kongsberg Process Simulation Pvt. Ltd. (KPSPL) Mumbai is a subsidiary of Kongsberg Maritime AS Norway. Established in Jan 2006, the company is an offshore project execution centre especially for Kongsberg Maritimes’ business areas like process simulation, process automation and software development. 61 Mareva Engineering Pvt. Ltd. Contact Person (India) Mr. Anil Pagar (Manager) Address (India) 1st Floor 8 Juhu Tara Road Santa Cruz Ajanta Executive Centre Mumbai – 400 049 Telephone(s) (India) +91-22-2660 9203 +91 9967362347 Fax (India) +91-22-2660 8790 Email (India) [email protected] / [email protected] Type of Collaboration Wholly owned subsidiary Norwegian Collaborator Mareva A/S Norwegian Participation 100% Address (Norway) Postbox 1026 N-3601, Kongsberg Telephones (Norway) +47-32 28 66 00 Fax (Norway) +47-32 28 66 11 Email (Norway) [email protected] Web Address http://mareva.no Company Profile Mareva has started its operation in January 2006 in India, by Mareva As. We are offering designing, engineering and manufacturing services to European markets. We are offering services through the Engineering services (MES) & Mareva Manufacturing & outsourcing services (MEOS). With these services, we would like to give our customer one stop solution. Our Mission Mareva Engineering Pvt. Ltd. provides world class engineering & manufacturing outsourcing to mechanical engineering industries in a professional manner to result in quality and timely output while elevating our people and our company in trustworthy & ethical manner. Vision Mareva Engineering Private Ltd. will be the preferred provider of Engineering services and component outsourcing provider. 62 Nera Telecommunications (I) Pvt. Ltd. Contact Person (India) Raja Sharma Postal Address (India) 2nd Floor, 256 Okhla Industrial Estate, Phase – (III) New Delhi – 110 020 Telephone(s) (India) +91-11–2631 0705 Fax (India) +91-11–2631 1264 Email (India) [email protected] Type of Collaboration: Subsidiary Norwegian Collaborator Nera ASA Norwegian Participation Subsidiary Address (Norway) Nera Networks AS Kokstadveien 23 PO Box 7090 5020 Bergen, NORWAY Telephone(s) Norway +47 55 22 51 00 Fax (Norway) +47 55 22 52 99 Email (Norway) [email protected] Web Address www.nera.no Company Profile Nera has been present in India since 1992 and has been doing business in Transmission and SatCom areas of Telecom. In Transmission segment, Nera supplies Digital Microwave equipment - SDH and PDH – to Cellular and Basic Services Operators, both directly as well as through all major Integrators. Transmission services include Radio Surveys, System Engineering, Installation, Commissioning and maintenance services. In SatCom segment, Nera is the largest supplier of Inmarsat based satellite phones in India. Nera supplies satellite terminals to all major government departments including DoT, Defence, Home Ministry, Oil & Gas, Power and Railways organisations. Also, Inmarsat VSNL Land Earth Station in India is supplied and maintained by Nera. 63 Norwegian Engineering and Consulting Pvt. Ltd. Contact Person (India) Inger Reime Manager Address (India) Norwegian Engineering and Consulting Pvt. Ltd., Alpha building 3rd floor 301/A, Hiranandani Business Park, Hiranandani Gardens, Powai-400 076 Mumbai Telephone(s) India +91 (0) 22 40 26 09 61 Mobile: 0 99 20 93 17 70 Fax (India) +91 0 22 40 26 09 59 Email (India) [email protected] Web Address http://india.necon.no/ Noregian Collaborator Norwegian Engineering and Consulting Contact Person (Norway) Morten Leikvoll Managing Director Address (Norway) Kokstaddalen 23 Telephone (Norway) +47 55 98 08 00 Email (Norway) [email protected] [email protected] Web Address http://necon.no Company Profile NECON (Norwegian Engineering and Consulting) was established in Bergen in 2004, at Kokstad in Bergen, Norway, as a supplier of competence services to the oil & gas industry and other industry segments. The Board of Directors has various backgrounds within engineering and several years of industry experience. After its establishment, NECON has opened branch offices in Oslo, Trondheim, Kristiansand, Stord, Haugesund and Stavanger, as well as a subsidiary company in Mumbai, India. Due to high demand its markets for NECON’s services, the company has experienced the best economical growth in the market in 2006. To date, NECON consists of 280 engineers and co-workers. 64 Odfjell Asa India Contact Person (India) Address (India) Telephone(s) (India) Fax (India) Email (India) Type of Collaboration Norwegian Collaborator Norwegian Participation Address (Norway) Telephone(s) (Norway) Fax (Norway) Email (Norway) Web Address Company Profile Sudesh Kamath (Vice President) A-26,Nandbhavan Industrial Estate; Mahakali Caves Road; Andheri East, Mumbai–400 093 + 91 22 6695 4701 / 02 / 03 + 91 22 6695 4707 [email protected] Liaison Office in India Odfjell Seachem ASA Liaison Office Conrad Mohrs VEG 29 P.O. Box 6101, Postterminalen 5892 Bergen, Norway +47 5527 0000 +47 5528 4741 [email protected] http://www.odfjell.no Odfjell is a leading company and a true logistics service provider in the global market for transportation and storage of chemicals and other speciality bulk liquids as well as edible oils. Originally set up in 1916, the company pioneered the development of the parcel tanker trades in the middle of 1950’s and tank storage business in the late 1960’s. Odfjell owns and operates about 100 parcel tankers in global and regional trade as well as a network of tank terminals. Odfjell got itself listed on the OSLO stock exchange in 1986, followed by International Share Issue in 1989. We are aiming at offering true logistics services to our customers world-wide through efficient and safe operations of deep sea and regional parcel tankers and tank terminals. The Odfjell Indian office is responsible for marketing Odfjell & its services in Indian subcontinent i.e India, Pakistan, Sri Lanka and Bangladesh. To cater to the subcontinent, Odfjell has a monthly sailing each from U.S., Gulf, North West Europe and South East Asia to west coast India - Pakistan. In addition to this, Odfjell is active in picking up export cargoes from west coast India to various global destinations. Odfjell also provides regular service with phosphoric acid from North and South Africa to various ports in India. It is one of the most active chemical parcel tanker owner in this part of the world. 65 Opera Software India Pvt. Ltd. Address (India) SCO 370, Second Floor, Sector 8, Panchkula - 134 108 Chandigarh Tricity, Haryana, India Telephone(s) (India) +91 172 4652917 Web Address (India) in.opera.com Contact Person (Norway) Mr. Jon S. von Tetzchner Co-founder – CEO Mr. Tor Odland Communications Director Tel: +47 2416 4242 Email: [email protected] Ms. Julie Sajnani Communications Manager Tel: +47 2416 4355 Email: [email protected] Address (Norway) Opera Software ASA Waldemar Thranes gate 98 NO-0175 Oslo Mailing Address (Norway) Opera Software ASA P.O. Box 2648, St Hanshaugen NO-0131 Oslo, Norway Telephone(s) (Norway) +47 24 16 40 00 Fax (Norway) +47 24 16 40 01 Web Address http://www.opera.com Company Profile Opera started in 1994 as a research project inside Norway’s largest telecom company, Telenor. Within a year, it branched out into an independent development company named Opera Software ASA. Today, Opera Software develops the Opera Web browser, a high-quality, multi-platform product for a wide range of platforms, operating systems and embedded Internet products – including Mac, PC and Linux computers, mobile phones and PDAs, and game consoles and other devices like the Nintendo Wii and DS, Sony Mylo and more. Opera’s vision is to deliver the best Internet experience on any device. Opera’s key business objective is to earn global leadership in the market for PC/desktops and embedded products. Opera’s main business strategy is to provide a browser that operates across devices, platforms and operating systems, and can deliver a faster, more stable and flexible Internet experience than its competitors. 66 Orkla India Pvt. Ltd. Operating Companies: Elkem and Borregaard Contact Person (India) Mr. Kshemendranath P. Address (India) 307/308-B Wing BSEL Tech Park 3rd floor, Opp. Vashi Railway Station Sector-30A, Vashi Navi Mumbai-400 705 Maharashtra Telephone(s) (India) + 91-22-6776 1900 Fax (India) + 91-22-6776 1999 Email (India) [email protected] Norwegian Owner Orkla ASA Norwegian Participation 100% Address (Norway) P.O. Box 423 Skøyen NO-0213 Oslo, Norway Telephone(s) Norway +47 22 54 40 00 Company Profile Elkem, Borregard and Orklain India have merged into one company Orkla India Pvt.Ltd. Elkem is one of Norway’s largest industrial companies, and one of the world’s leading suppliers of metals and materials. The group actively develops world class industrial technology. Metals and materials from Elkem are essential in the manufacturing of a wide range of products needed in today’s society. These products maintain the highest quality standards and are in demand in a steady growing market. The main products are silicon metal, aluminium, hydropower, ferro and foundry alloys, carbon, microsilica and ceramite. Borregaard is a chemical company with strong global position in selected niches of organic chemicals. Its core business areas include Speciality Chemicals, Fine Chemicals and Ingredients. The product range in speciality chemicals business include dispersing and binding agents based on lignin, several grades of wood cellulose for food, pharmaceuticals, lacquers, glue. plastic & textile applications. Fine chemicals include complete range of vanillin, diphenols & derivatives used in manufacturing of agro & photo chemicals, antioxidants, polymer inhibitors and fine chemicals for pharmaceutical, aroma & other selected markets. Orkla Group is the leading supplier of branded consumer goods to the Nordic grocery market, and operates in the branded consumer goods, materials, renewable energy and financial investment sectors. 67 OutSmart 360 Contact Person (India) Suraj Padmanabhan Team Leader Address (India) Star Avenue 82 Nandidurga Road Benson Town Bangalore 560046 Telephone(s) (India) 91 9880304646 (Mobile) 91 80 4128 9827 Fax (India) 91 80 4128 9827 Email (India) [email protected] Address (Norway) Østensjøveien 34 0667 Oslo Telephone(s) (Norway) +47 21 54 75 81 Fax (Norway) +47 93 37 02 00 Web Address www.outsmart360.com Company Profile OutSmart360 established its first offshore software and technology development and global services centre in Bangalore, India. Bangalore is known as the hi-tech capital or silicon-valley of India and is home to some of the largest multinational and Indian software development companies. OutSmart360 specifically chose India to leverage cost advantages. Hourly wage rates of labor in India – including those of software and analyst related personnel are much lower than in most of Western Europe and around the world. India is also home to the world’s largest English speaking population, only second after the United States of America. Our Scandinavian project managers and customers use English as the common language to interact with the Indian development teams on various projects. All our personnel are well educated with advanced degrees and come with proven technical and domain experience. India offers a vast pool of such trained technical manpower, allowing us to hire the relevant and required teams for our customers and their projects. The Indian legal system and labor laws are strong, and we ensure that all our people – including those who work exclusively for our clients are taken care from these perspectives. 68 SAR Chandra Environ Solutions Pvt. Ltd. Contact Person (India) Ravi SRS Sastry (MD) Address (India) 2nd Floor, 2nd Block Subhadra Arcade Bhanugudi Junction Kakinada-533003 (AP) India Telephone(s) (India) +91 884 2343063 / 64 / 65 / 66 Fax (India) +91 884 2343062 Email (India) [email protected] Type of Collaboration 50% joint venture of Chandra Group with SAR AS Norwegian Participation Norwegian equity 50% Contact Person Mr. Jan Arild Wathne (General manager) [email protected], Mr. Øyvind Jensen (Vice President) [email protected] Address (Norway) Oljevn 5 4056 Tananger Norway Telephone(s) (Norway) +47-5194 4441(Direct), +47-51944390 +47-51944444 Mobile No (Norway) +47-97 41 11 21, +47-95 92 96 60 Fax (Norway) +47-51-94 44 40 Email (Norway) [email protected], [email protected] Web Address www.sargruppen.no Company Profile Company is basically supporting oil & gas drilling operations and waste management in India. 69 SAS Contact Person (India) Lennart Paulsson Address (India) SAS office Thapar House Janpath 124 New Delhi 110 001 Telephone(s) (India) +91 (0) 11 43513201 Fax (India) +91 (0) 11 43513206 Email (India) [email protected] Type of Collaboration Airline transportation Address (Norway) SAS Fornebuveien 40 N-1366 Lysaker Telephones (Norway) +47 6481 6050 Web Address www.sas.se Company Profile SAS, Scandinavian Airlines System is one of the world’s largest airline groups. More than 40 million passengers flew with SAS Group airlines during the year 2007. As the national carrier of not one, but three of the World’s most contemporary, innovative and modern countries, Scandinavian Airlines prides itself representing the region well. The SAS slogan “It’s Scandinavian” encompasses everything that Scandinavian Airlines represents from Internet Check-in, some of the most modern airports in the word as main hubs (Copenhagen, Oslo and Stockholm), and unique lounges to the renowned Scandinavian world cooking onboard with Scandinavian design throughout the aircraft giving more legroom, no matter where you sit. Scandinavian Airlines International is the long haul operator of SAS with 1.4 million passengers per year. The fleet consists of 11 Airbus 330/340 which serves 11 destinations – New York, Chicago, Washington, Seattle, Bangkok, Beijing, Tokyo, Dubai, Delhi, Copenhagen and Stockholm. 70 Schiffer Menenzes India Pvt. Ltd. Contact Person (India) Mr. Cedric Menezes (M.D.) Address (India) Plot No: L-27,Phase II A Verna Industrial Estate Verna Salcete, Goa – 403722, India Telephone(s) (India) + 91-832- 6680 193-96 + 91-832- 6666 941-41 Mobile (India): + 91-98221 03591 Fax (India) + 91-832 5680 199 Email (India) [email protected] Type of Collaboration Joint Venture Partnership Norwegian Collaborator Jordan AS Company Profile Jordan is one of the world’s leading companies in preventive oral care. The company is owned by Jordan family since it was established in 1873 with its Head Office in Oslo, Norway. Schiffer Menezes India Pvt. Ltd. manufactures and market toothbrushes under the brand name “Jordan” in India. 71 Span Infotech Contact Person (India) Mr. G.L. Pradeep (Co-founder & Managing Director) Mr. Prakash Grama (Co-founder & CEO) Mr. Naveen Bannur (VP Marketing) Address (India) Span InfoTech Corporate Office 18/2 Vani Vilas Road Basavanagudi Bangalore 560 004 Telephone(s) (India) +91-80 - 4021 9600 Fax (India) +91-80 - 4021 9632 Email (India) [email protected], [email protected] Type of Collaboration: Financial Investment Norwegian Collaborator EDB Business Partner ASA Norwegian Participation 50.1% Contact Person Endre Rangnes (CEO) Address (Norway) EDB Business Partner ASA, Gullhaug Torg 4A N-0484 Oslo P.O. Box 4718 Nydalen N-0421 Oslo Telephone(s) (Norway) +47-22-52 80 80 Fax (Norway) +47-22-77 21 14 Email (Norway) [email protected] Web Address http://www.edb.com Company Profile Span Infotech, based in Bangalore, focuses on applications development and applications management. The company has some 550 employees and annual revenues of US$7.8 million. The acquisition was initially announced in October, and EDB Business Partner said at the time that the acquisition was a part of its efforts to build up a global sourcing strategy. The purchase price for the 50.1% stake in Span InfoTech was US$3.8 million plus an earnout. 72 Statkraft Norfund Power Invest AS Contact Person (India) Bidyut Shome (Country Head) Address (India) C1 Sector 2 Noida - 201 301 NCR- Delhi Telephone(s) (India) +91- 120 4605100 +91- 9958691224 Fax (India) +91- 120 4215428 Email [email protected] Type of Collaboration Financial/Industrial Investment Norwegian Collaborator Statkraft and Norfund Lileakerveien 6, P.O. Box200 Lilleaker N – 0216 Oslo Norway Norwegian Participation 49% with Malana Power Company Limited Company Profile SNPower (Statkraft Norfund Power Invest AS), established in 2002, is a Norwegian limited company owned by Statkraft SF and Norfund (Norwegian Investment Fund for Developing Countries). Statkraft SF is a 100% state owned utility and Norway’s largest power company with more than 12,000 Mega Watt installed hydropower capacity and 40 TW-h annual generation. Statkraft SF is also a significant player in the European electric power market, with trading offices in Germany and the Netherlands. Norfund is a leading Norwegian risk capital investor in emerging markets, funded by the Norwegian government, and closely cooperating with other international investment funds. SN Power’s vision is “to become a leading hydropower company in emerging markets, contributing to economic growth and sust ainable development” SN Power has a liaison in New Delhi who is promoting the company’s business in India. SN Power has signed a partnership agreement with Bhilwara Group by holding 49% equity in its 86 MW Malana Hydro Electric Plant and 192 MW Allain Duhangan Hydro Electric Project starting construction in January 2005. SN Power is looking for more investments in this sector. 73 Stepstone India Pvt. Ltd. Contact Person (India) A. Sudhakar Address (India) Kakani Towers 34 Khader Nawaz Road Nungambakkam Chennai–600 006 Telephone(s) (India) +91- 44 – 2820 7070 Fax (India) +91- 44 – 2820 7171 Email (India) [email protected] Type of Collaboration Wholly owned subsidiary Norwegian Collaborator Stepstone Norwegian Participation 100% Company Profile Stepstone is Europe’s largest e-recruiting website. It started its operations in India in 2000-01 and has offices in different parts of the country. In India, the company offers its services in an off-line mode. 74 Tandberg Contact Person (India) Mr. Dinesh Sehgal Address (India) Tandberg India Pvt. Ltd Gesco Corporate Center The Great Eastern Center 70 , Nehru Place, New Delhi- 110019 Telephone(s) (India) +91- 11- 26419597 26419757 Cell No. +91-9810271598 Fax (India) +91- 11- 66619413, 26209413 Email (India) [email protected] Type of Collaboration Pvt Ltd Company Norwegian Collaborator Tandberg Norwegian Participation 100% subsidiary for APAC Company Profile Since 1989, Tandberg has been a global leader in visual communication. From end-to-end high definition and firewall traversal to integrated desktop solutions for the mobile worker, we are consistently the first to deliver fresh functionality to our users. Our flexible, standards-based solutions grow with you. Tandberg has dual headquarters in Oslo, Norway, and New York, USA, with close to 1,000 employees across the globe. Our installations can be found in over 90 countries and are supported by a comprehensive partner network for expert local sales and service. Tandberg is publicly traded on the Oslo stock exchange (TAA.OL). 75 Vik-Sandvik Design India Pvt. Ltd. Contact Person (India) Mr. G. Janakiraman Vice President +91-9940081117 Address (India) 20/43, Kasturi Ranga Road Trident, First Floor Alwarpet Chennai – 600 018 Telephone(s) (India) +91 44-4297 2000 Fax (India) +91 44-4297 2022 Email (India) [email protected] [email protected] Type of Collaboration Joint Venture Norwegian Collaborator Mr. Svein Sandvik Managing Director Vik-Sandvik AS 5419 Fitjar, Norway Norwegian Equity 50% Indian Collaborator Mr. Kulpreet S. Sahni MDL Energy Pvt. Ltd. E-47/5, Okhla Industrial Area Phase-II New Delhi - 110 020 Company Profile Vik-Sandvik Design India Pvt. Ltd. is a joint venture between Vik-Sandvik AS and MDL Energy Pvt. Ltd. dedicated to offer services in the area of ship design. The company offers independent consultancy services in the areas of • Concept, basic and classification design • Detailed engineering and production drawings •3D modeling • Complete analysis for stability and structure • Construction supervision • Specification services Vik-Sandvik Design India Pvt Ltd. offers a range of services to the maritime community, based on expertise and innovation utilizing progressive and advanced technology. 76 Wilhelmsen Maritime Services Pvt. Ltd. Contact Person (India) Mr. Nitin Potdar (Sr. Manager) Address (India) Rupam Building 5th Floor 239 P. D. Mello Road Fort Mumbai–400001 Telephones (India) +91-22-2264 0140 Mobile No: +91-98 9230 0461 Fax (India) +91-22-2264 0147 / 48 Email (India) [email protected] Type of Collaboration Wholly owned subsidiary Norwegian Owner Wilh. Wilhelmsen AS Norwegian Participation 100% Address (Norway) Strandveien 20 Lysaker Norway +47 67584000 Company Profile The company offers ship agency services at 20 ports all over India per month with area office in Mumbai. The company specializes in ship Agencies/ Liner Agents/ Tramp and Tanker Vessels / Logistics and Projects in all India Ports. 77 Wilhelmsen Ship Management (India) Pvt. Ltd. Contact Person (India) Mr. Medepalli Srinath (General Manager) Address (India) 31/32, Apple Heritage Plot No. 54 – C Sir Mathuradas Vasanji Road Andheri (E) Mumbai – 400093 Telephone (India) +91-22-3088 2750 Fax (India) +91-22-5678 4675 Email (India) [email protected] Type of Collaboration 5 wholly owned offices in India Norwegian Collaborator Wilh. Wilhemsen ASA Norwegian Participation 100% Ownership Contact Person (Norway) Mr. Cecilie Stray (Group vice president) Corporate Communication Address (Norway) Strandveien 20 NO-1366 Lysaker P.O.Box 33 NO-1324 Lysaker Norway Telephones (Norway) + 47-67 58 40 00 Fax (Norway) + 47-67 58 40 80 Email (Norway) [email protected] Company Profile Wilhelmsen Ship Management is one of the world’s largest providers of thirdparty ship management services. With an extensive range of solutions to all vessel segments on a global level, we can offer you the management services that you want – when and where you need them. Our ship management services include technical management, crew management and training, technical consultancy, insurance, commercial management, engineering consultancy and IT solutions. Headquartered in Oslo, Norway, we provide local service around the world based upon a global network of offices and key staff. Wilhelmsen Ship Management is a division of Wilhelmsen Maritime Services, which combines Wilhelmsen Ship Management’s ship management services with port services, logistics, marine equipment and products to offer efficient solutions to the global maritime industry. Our operations are based on strict quality management systems 78 Representations and Technical Collaborations Non Shipping 80 Hallvard Leroy As/ Celestial International Contact Person (India) S.S. Malik / Arun Puri Address (India) Celestial International H-35/1, Connaught Place New Delhi–110 001 Telephone(s) (India) +91 – 11 – 2371 7113 Fax (India) +91 – 11 – 2371 7112 Email (India) [email protected] Address (Norway) Bontelabo 2 P.O. Box 7600, N-5020, Bergen Norway Telephone(s) (Norway) +47- 55 21 36 50 +47 - 55 21 36 73 Fax (Norway) +47- 55 32 03 08 Web Address www.leroy.no Company Profile Celestial International represent Hallvard Leroy AS in India to sell their fish products, especially the Salmon. 81 Marine Harvest AS/ Resource International Pvt.ltd Contact Person (India) Anupam Dev, Managing Director Rakesh Banga, Director Operations Address (India) Resource International Pvt. Ltd. 75 Link Road Lajpat Nagar 3, New Delhi 110 024 Telephone(s) (India) +91–11–4155 0393 Fax (India) +91–11–2984 8826 Email (India) [email protected] [email protected] Address (Norway) Sandviksborder 66 PO Box 4102 Dreggen N-5835 Bergen, Norway Telephone(s) (Norway) +47- 55 54 72 00 Fax (Norway) +47- 55 54 72 80 Email (Norway) [email protected] [email protected] Company Profile The company, Resources International Pvt. Ltd., is an exclusive India representative for sale of Norwegian Seafood, especially the Salmon. 82 Maxit AS/ Aventura Components Pvt. Ltd. Contact Person (India) Kamal Tiwari (Chief Operating Officer) Address (India) Aventura Components Pvt. Ltd. A-1/152 Neb Sarai Ignou Road, New Delhi - 110 068, India Telephone(s) (India) +91-11-2953 1288 / 89 / 90, +91 98103 67527 Fax (India) +91-11-2953 1291 Email (India) [email protected] in Website www.aventura.co.in Address (Norway) Po. Box 216 Alnabru Brobekkveien 84 0614 Oslo, Norway Telephone(s) Norway +47 22 88 77 00 Fax (Norway) +47 22 64 54 54 Email (Norway) [email protected] Company Profile A leader in the Indian water industry, Aventura strives to make its customers adaptive enterprises in the long run to enable them to meet business challenges through capitalizing on opportunities for leveraging business growth. For Aventura, a product sold is not the end but the beginning of an ongoing relationship. Armed with a sharp focus duly translated through product innovation, a result of constant customer feedback, Aventura lives up to its promise day-in and day-out. Even a small problem is given utmost attention as it treats its customers as partners to progress. Progress, that is portrayed through an increasing customer base, a clear reflection to its deep sense of commitment and attitude. 83 Norinco Pvt. Ltd. Contact Person (India) Address (India) Telephones (India) Fax (India) Email (India) Website Company profile Mr. George Mathew, (M.D) Norinco Private Limited 301-302, Orbit Plaza Behind Chaitanya Towers Off Appasaheb Marathe Marg New Prabhadevi Marg Prabhadevi, Mumbai - 400 025 +91- 22- 243897 12 / 13/ 17 +91- 22- 24389715 [email protected] [email protected] www.norinco.co.in Our business interests cover a wide spectrum of engineering industries: metallurgy and cement, marine and oceanography, offshore and shipbuilding industries, Project management services, annual maintenance contracts, special products. Companies Represented in India by NORINCO ABB Marine AS Aeron A/S Air Products AS ENWA Water Treatment Frank Mohn AS Hydro Norinco Electrolysers Pvt. Ltd. Kongsberg Process Simulation Pvt Ltd (KPSPL) Kongsberg Maritime India Pvt Ltd Nautic Systems AS Norac AS Norsafe AS Scancem Chemicals AS Ship Equip AS Skipper Electronics AS STX Norway Offshore AS Team Tec AS TTS Handling Systems TTS Marine ASA Vetco Aibel 84 Companies Represented in India by NORINCO ABB Marine AS Address (Norway) Bergerveien 12 PO Box 94 NO 1375 Billingstad Norway Company Profile Electric Propulsion, electrical drilling drives, system engineering for offshore drilling rigs « Aeron AS Contact Person (Norway) Mr. Bjorn Tore Nyland Address (Norway) Strandgaten 22 4400 Flekkefjord Norway Telephone(s) (Norway) + 47 38 32 78 00 Fax (Norway) + 47 38 32 78 01 Company Profile HVAC Systems, Air handling unites, Marine Cabin units, Spiropipe system, Refrigeration units, Air conditioners, marine fans, Centrifugal & Axial fans, Explosion proof fans, Droplet separators, Louvres and Defroster nozzle. 85 Companies Represented in India by NORINCO Air Products AS Address (India) Email (India) Telephone (India) Fax (India) Norwegian Collaborator Contact Person (Norway) Address (Norway) Telephone(s) (Norway) Fax (Norway) Email (Norway) Web Address INOX Air Products Ltd., 7th Floor, Ceejay House Dr. A.B. Road, Worli, Mumbai-400 018 [email protected] +91 (0)22 40323195 / 40323960 +91 (0)22 40323191 / 40323991 Air Products AS Per Svein Fløe (Managing Director) Air Products AS, Lumberveien49, P.O.Box 8100, Vaagsbygd, N-4675, Kristiansand S., Norway +47-38-03 99 71 / +47-38-03 99 00, +47-38-03 99 06 (M.D) +47-38-01 55 05 / +47-38-01 11 13 [email protected] [email protected] www.airproducts.no « ENWA Water Treatment Address (Norway) PO Box no. 257 Forus 4066 Stavanger Norway Telephone(s) (Norway) + 47 51634300 Fax (Norway) + 47 51634301 Company Profile RO Water maker, Water Filter 86 Companies Represented in India by NORINCO Frank Mohn AS Address (Norway) P.O. Box 98 Slåtthaug N-5851 BERGEN, Norway +47-55-99 94 00 +47-55-99 95 81 [email protected], [email protected] www.framo.no Telephones (Norway) Fax (Norway) Email (Norway) Web Address Company Profile Frank Mohn AS is the leading supplier of submerged cargo pumps to the world tanker market. The company was founded in 1938 and is located outside Bergen in Western Norway. The submerged cargo pump was developed by Frank Mohn AS in close cooperation with the chemical tankers operators during the sixties. The Frank Mohn AS range of products also includes transportable pumping systems, oil-recovery equipment, anti-healing systems and offshore pumping systems. All products are manufactured in Norway. Suppliers of cargo pumps, fire pump systems, oil recovery systems. « Hydro Norinco Electrolysers Pvt. Ltd. Contact Person (India) Address (India) Telephones (India) Fax (India) Email (India) Type of Collaboration Norwegian Collaborator Norwegian Participation Mr. Nandan Tavanandi 301 & 302, Orbit Plaza 3rd floor, New Prabhadevi Road Prabhadevi, Mumbai 400025 +91-22-24389712 / 9713 / 9717 +91-22-24389715 [email protected] Financial and Technical Joint Venture Norsk Hydro Electrolysers AS 51% Contact Person (Norway) Christopher Kloed, (President CEO) Address (Norway) Telephone(s) (Norway) Norsk Hydro Electrolysers AS Heddalsveien 11, N-3671 Notodden Norway + 47 51 99 00 00 Email (Norway) [email protected] Web Address www.electrolysers.com 87 Companies Represented in India by NORINCO Kongsberg Process Simulation Pvt Ltd (KPSPL) Contact Person (India) Kishore S, Managing Director Address (India) Ajanta Executive Centre 8 Juhu Tara Road, 400 049 Mumbai, India Telephone(s) (India) +91-22-2660 3666 Fax (India) +91-22-2660 5095 Email (India) [email protected] Type of Collaboration Subsidiary Norwegian Collaborator Kongsberg Maritime AS Norwegian Participation 100% Address (Norway) Kongsberg Maritime AS Kirkegårdsveien 45 P.O. Box 483, NO-3601 Kongsberg, Norway Telephone(s) (Norway) +47-32-28 82 00, +47-32-28 50 00 +47-81-53 53 55 (D) Fax (Norway) +47-32-28 64 10, +47-32-28 50 10 Email (Norway) [email protected] [email protected] Web Address www.konsberg.com Company Profile KPSPL provides back office support to Kongsberg Maritime, Norway. 88 Companies Represented in India by NORINCO Kongsberg Maritime India Pvt Ltd Contact Person (India) T.N. Sreenivasan Manager Customer Support Address (India) Great Eastern Summit–B Plot No 66, Sector 15 8th Floor, CBD Belapur Navi Mumbai - 400614 Telephone(s) (India) +91-22-27571242 / 1243 / 1244 Fax (India) +91-22-27571241 Email (India) [email protected] Type of Collaboration Subsidiary Norwegian Collaborator Kongsberg Maritime AS Norwegian Participation 70% Address (Norway) Kongsberg Maritime AS Kirkegårdsveien 45 P.O. Box 483, NO-3601 Kongsberg, Norway Telephone(s) (Norway) +47-32-28 82 00 +47-32-28 50 00 +47-81-53 53 55 (D) Fax (Norway) +47-32-28 64 10 +47-32-28 50 10 Email (Norway) [email protected] [email protected] Web Address www.konsberg.com Company Profile Kongsberg Maritime is a wholly owned subsidiary of Kongsberg. Suppliers of vessel automation, vessel control, navigation systems, dynamic positioning system and maritime simulators. Kongsberg Maritime Solutions for merchant marine, offshore, oil & gas and subsea. We provide innovative and reliable solutions for shipping, offshore, subsea, navy, coastal marine and fisheries, maritime training, port and harbour surveillance and more. 89 Companies Represented in India by NORINCO Nautic Systems AS Norwegian Company Nautic Systems AS Address (Norway) Kvassnesvegen 54 P.O. Box 197 5100 Isdalsto Norway Telephone(s) (Norway) +47 56 34 22 50 Fax (Norway) +47 56 35 22 40 Email (Norway) [email protected] Web Address www.nautic.no Company Profile Suppliers of Navigational Aids, Wind Sensors and Instruments, Magnetic Compass, Weather Station etc. « Norac AS Contact Person Address (Norway) Telephone(s) Norway Fax (Norway) Email Web Address Profile Mr. Thormod Larsen P.O. Box 1593 Stoa NO 4857 Arendal Norway + 47 37 05 92962 + 47 37 05 9251 [email protected] www.norac.no Marine interior systems. Fireproof and sound reducing interior systems, wall systems, doors, windows, ceiling systems,floating floors Wet units and furniture 90 Companies Represented in India by NORINCO Norsafe AS Contact Person (Norway) Geir Skaala, Managing Director Dag Songedal, Vice President Address (Norway) P.O. Box 115,N-4852 Faervik Norway Telephone(s) (Norway) +47-37-05 85 00 / +47-37 05 85 20(M.D) +47-37-05 85 40 (V.P) Fax (Norway) +47-37-05 85 01 Email (Norway) [email protected] [email protected], [email protected] Web Address www.norsafe.no Company Profile Suppliers of fully enclosed Life Boats, Patrol Boats, Rescue Boats and associated launching systems. Norsafe AS - Jørgensen & Vik AS is one of the oldest boat-building companies in Norway. The company began building lifeboats in Grimstad on the south coast of Norway in 1903. « Scancem Chemicals AS Norwegian Collaborator Scancem Chemicals AS Address (Norway) Industriveien 12 P.O. Box 273 N-1471 Lorenskog Norway Telephones (Norway) +47-67-97 84 07 Fax (Norway) +47-67-97 84 80 Email (Norway) [email protected] Company Profile Suppliers of Silica Fumes & Construction Chemical. 91 Companies Represented in India by NORINCO Ship Equip AS Address (Norway) PO Box 7799 N 6022 Alesund Norway Telephone(s) (Norway) + 47 70 17 24 00 Fax (Norway) + 47 70 17 24 01 Company Profile Marine Broad Band, Marine TV Antenna « Skipper Electronics AS Contact Person (Norway) Skipper Electronics AS Address (Norway) Skipper Electronics AS P.O. Box 151 Manglerud0612 Oslo Norway Telephones (Norway) +47-23-30 22 70 Fax (Norway) +47-23-30 22 71 Email (Norway) [email protected] Web Address www.skipper.no 92 Companies Represented in India by NORINCO STX Norway Offshore AS Address (Norway) Strandgata 74, N-6270 Brattvåg, Norway Telephone(s) Norway +47 70 21 06 00 Web Address www.stxeurope.com « Team Tec AS Norwegian Collaborator Team Tec AS Contact Person Olav Vaaje (Managing Director) Address (Norway) Nyvei 41, P.O. Box 203 N-4902, Tvedestrand, Norway Telephones (Norway) +47-37-19 98 00, +47-37-19 98 08(D) Mobile No. +47-91-16 96 84 Fax (Norway) +47-37-19 98 90 Email (Norway) [email protected]; [email protected] [email protected] Web Address http: //www.teamtec.no « TTS Handling Systems AS Norwegian Collaborator TTS Handling Systems AS Contact Person (Norway) Johannes D. Neteland, (President And CEO) Olav Bruasdal, (CFO/ Vice president) Holterkollvn 6, P.O. Box 49 Address (Norway) N-1441 Drobak, Norway +47-64-90 79 10, +47-55-94 74 02 Telephone(s) (Norway) +47-55-94 74 25 +47-64-93 16 63 Fax (Norway) [email protected] Email (Norway) [email protected] [email protected] www.tts-hs.no, www.tts-marine.com Web Address 93 Companies Represented in India by NORINCO TTS Marine ASA Contact Person (Norway) Johannes D Neteland President & CEO Address (Norway) Folke Bernadottesvei 38 5147 Fyllingsdalen Norway Telephone(s) (Norway) +47 55 94 74 17 Fax +47 55 94 74 01 Web Address www.tts-marine.com « Vetco Aibel Norwegian Collaborator Address (Norway) Telephone(s) (Norway) Fax (Norway) Email (Norway) Vetco Aibel (formely known as ABB Gas Technology) Sandslihaugen I Sandsli, N-5861 Bergen, Norway +47-55-98 25 00 +47-55-98 25 25 [email protected] [email protected] www.abbgt.com Web Address Company Profile (Formerly Umoe Gas Technology AS), the company is a supplier of pellet bard ignition systems for offshore & onshore installation. It also supplies of “Zero Flaring” solution and VOC recovery solutions. 94 Norman Data Defense Systems Asa / Acto Information Systems(I) Pvt. Ltd. Contact Person (India) Derick Pereira Address (India) ACTO Information Systems (I) Pvt. Ltd. Telephone(s) (India) +91–80–2228 2388 Fax (India) +91–80–2228 3584 Email (India) [email protected] Web Address www.normanindia.com Contact Person (Norway) Trygve Aasland CEO & President Address (Norway) P.O. Box 43 N-1324 Lysaker Norway Telephone(s) (Norway) +47- 67 10 97 00 Mobile: +47 4153 9717 Fax (Norway) +47- 67 58 99 40 Email (Norway) [email protected] Company Profile Norman Asa is one of the world’s leading companies within the field of information security. Norman offers high-quality products and services within the areas of virus control, personal firewall, encryption, data recovery, data erasure and computer forensic. ACTO is a registered company and is based in Bangalore. ACTO is Norman’s representative in India since 1997. ACTO is in to marketing, distribution and support of Norman products. 95 Suretech International Contact Person (India) R.K. Chanana Chief Executive Address (India) B-5/6, Safdarjang Enclave Africa Avenue New Delhi - 110 029 Telephone(s) (India) +91 11 6538 8277 Mobile: +91 98101-19236 Fax (India) +91 11 4165 3421 Email (India) [email protected] [email protected] Norwegian Collaborator Giertsen Tunnel AS Address (Norway) Nygårdsviken 1, Postboks 78 Laksevåg N-5847 Bergen, Norway Telephone (Norway) +47 55 94 30 30 Fax (Norway) +47 55 94 31 15 Web Address http://www.tunnelsealing.com Company Profile Giertsen Tunnel AS is a contractor specializing in waterproofing of tunnels and rock caverns. For more than 25 years, we have developed and installed patented systems for the complete management and mastering of the water and moisture problem in tunnels and rock construction in general. Giertsen Tunnel has a staff of professionals ready to assist you with the solutions to your humidity problems. 96 Yara International Asa/ Greenfields International Contact Person (India) Sanjiv Kanwar Address (India) C-174 Madhuvan Shakkarpur New Delhi – 110 092 Telephone(s) (India) +91- 11- 65281339 Fax (India) +91- 11- 42445008 Email (India) [email protected] Norwegian Collaborator Yara International ASA Address (Norway) Yara International ASA Bygdøy allé 2 P.O. Box 2464, Solli N-0202 Oslo Norway Telephone(s) (Norway) +47 24 15 70 00 Fax (Norway) +47 24 15 70 01 Email (Norway) [email protected] Company Profile Yara International maintains contact with the Indian Fertilizer industry and facilitates trade of quality bulk fertilizers like DAP, Urea Ammonia as well as speciality fertilizers such as Calcium Nitrate and water soluble NPKS, to the Indian market. 97 Representations and Technical Collaborations Shipping 98 Further Middle East expansion a core Goltens strategy Led by its progress in the budding Dubai Maritime City (DMC) development project, independent ship repair and maintenance service leader Goltens Worldwide Services is significantly expanding capacity and services for the marine and power generation markets in the Middle East. Special attention in this regard goes to the company’s Bahrain, India, Saudi Arabia and Qatar satellite offices. While established in New York in 1940, Goltens already utilises Dubai as its repair activities headquarters – but a beefed up staff and an increased business portfolio have made facility expansion necessary. Scheduled for completion in 2009, the 12,400 m2 workshop integrating all departments and activities and the 3,000 m2 administrative office underway at DMC will allow Goltens to localise its current 520 total staff in the area, create better synergy and facilitate further company growth. “The DMC facility gives us an opportunity to consolidate all of our services in an optimum fashion under one roof, create a more flexible and efficient workspace, introduce some new services and provide additional capacity for future expansion. We believe that such a state-of-the-art facility with the most up-todate workshop tools and equipment will provide our clients the best possible service and quality,” says Goltens Worldwide Services President Paul Friedberg. Though the Dubai branch makes up the largest concentration of Goltens’ 600-strong staff in the region, satellite offices throughout the Middle East are gearing up for greater activities as well. Goltens Bahrain’s diesel repair work should swell through the recent opening of the Arab Shipbuilding & Repair Yard’s (ASRY) twin slipways. The slipways are ideal for accommodating offshore service boats, large tugs and supply vessels, and will also enable ASRY to free about 20% of the capacity of its existing larger docks for receiving larger vessels. Given Goltens Bahrain’s responsibility of performing all of the diesel repair work at ASRY, its diesel, fuel, and governor department activities should increase substantially. In line with this, Goltens Bahrain is not only carrying out ongoing plans for additional workshop space, but also has a goal of increasing its staff by up to 35%. Recruitment is already underway. The imminent opening of Goltens India’s new workshops in Mumbai and Chennai during the first quarter of 2009 should reap immediate dividends, allowing the branch to undertake quick repairs within the ports and attract even more customers. Strategically located at the gateway to Southeast Asia, the new workshops will not only have prime access to the ports, but will also serve the power generation and other industrial markets. “With a limited number of professional and quality conscious ship repair workshops in the area, Goltens has a great opportunity here to take a considerable market share,” says Sandeep Seth, Managing Director for ME & India Satellites, adding that Goltens India will target approximately 300 shipowners and agents located in the Mumbai and Chennai areas for ship repair services. When opened in 2009, Goltens’ new Dubai Maritime City hub will comprise the company’s repair activities headquarters and include a 15,400 m2 integrated workshop. Andromeda Shipping (India) Pvt. Ltd. Contact Person (India) Mr. N. Alphonso General Manager Indian Representative Andromeda Shipping (India) Pvt. Ltd. Address (India) 302,Trade Avenue 260, Suren Road Andheri (East) Mumbai – 400093 Telephone(s) (India) +91-22-2684 5850 / 80 / 48 Fax (India) +91-22-2684 5299 Email (India) [email protected] Web Address www.andromeda-india.com Type of Collaboration Technical Shipping Norwegian Principal(s) Kjelman Shipping AS Norwegian Principal(s) Kjelman Shipping AS Drammensveien 123 N-0277 Oslo Norway Telephone(s) (Norway) +47-23-01 45 70 Fax (Norway) +47-23-01 45 71 Email (Norway) [email protected] Company Profile International Andromeda Shipping – Monaco opened its liaison office “Starship Constellation Inc” in 1999 from a small office in Worli, Mumbai. The fleet of product tankers, OBOs, LPG carriers and FSOs were manned completely with Indian officers and ratings. International Andromeda Shipping is a part of Starship Constellation Group whose activities includes: Ship owning, Ship management, Trading, Crewing, FSO management & FSO ownership, new building. 100 Bw Shipping Managers Pvt. Ltd. Contact Person (India) Capt. E. Thomas General Manager Indian Representative BW Shipping Managers Pte. Ltd. Address (India) 841, Solitaire Corporate Park, 167 Guru Hargovindji Marg Andheri-Ghatkopar Link Road Chakala, Andheri (East) Mumbai – 400093 Telephone(s) (India) +91-22-66751011 / +91-22-28370101 Fax (India) +91-22-66959564 Email (India) [email protected] Website www.bwgas.com Norwegian Principal(s) BW Gas ASA Address (Norway) Drammensvien 106 P.O. Box 2800 0204 Olso Norway Telephone (Norway) +47-22 1205 05 Fax (Norway) +47-22 1205 00 101 Ebony Ship Management Pvt. Ltd. Contact Person (India) Capt Prasant S. Rangnekar General Manager Indian Representative Ebony Ship Management Pvt. Ltd. Address (India) 601/A, Elegant Business Park Off Andheri Kurla Road Near Kohinoor Continental Hotel Andheri – East Mumbai – 400059, India Telephone (India) +91-22-6792 6100 / +91-22 6792 6110 Mobile (India) +91-98 2013 9703(G.M) Fax (India) +91-22-6792 6200 Email (India) [email protected] Type of Collaboration Technical Shipping Norwegian Principal(s) Spar Shipping AS Kokstadflaten 30, N-5061 Kokstad Norway Norwegian Participation Seven Seas Carriers AS Address (Norway) Olav Kyrresgt 11, 6th Floor P.O. Box 1041, Sentrum, N-5808 Bergen, Norway Contact Person (Norway) Christian Sundt (M.D) Arvid Abrahamsen (Director) Telephone (Norway) +47-55-32 72 01, +47-55-98 39 00 +47-91-17 22 98 (M.D) +47-98-28 23 63 (Director) Fax (Norway) +47-55-31 42 35, +47-55-98 39 10 Email (Norway) [email protected] Web Address www.sevenseas.no 102 Genoa Maritime Services Contact Person (India) Capt. Sanjeev M. Vadhavkar General Manager Indian Representative Genoa Maritime Services Address (India) 406, The Mall, 5 Laxmi Industrial Estate K. Walawalkar Marg Andheri (West) Mumbai – 400053 Telephone (India) +91-22-6775 5151 Fax (India) +91-22-67755100 Email (India) [email protected] Type of Collaboration Technical Shipping Norwegian Principal(s) Champion Tankers AS Street Address: Tveiteraa Svegen 12 Nesttun 5853 Bergen Norway Telephone (Norway) +47-55-92-24 00 Fax (Norway) +47-55-92-24 01 Email (Norway) [email protected] Web Address www.champion-tankers.no 103 Herald Maritime Services Pvt. Ltd. Indian Representative Herald Maritime Services Pvt. Ltd. Contact Person (India) Capt. R.Y. Barve (Director) Address (India) 318, Dalamal Towers 211 Nariman Point Mumbai – 400021 Telephone (India) +91-22-2281 0730 / 2281 0728 Fax (India) +91-22-2202 5998 Email (India) [email protected] Type of Collaboration Technical Shipping Norwegian Principal(s) Bergshav Management AS Address (Norway) P.O. Box 8 4891 Grimstad Norway Telephone (Norway) +47-37-25 63 00 Fax (Norway) +47-37-25 63 01 Email (Norway) [email protected] Web Address www.bergshav.com 104 Osm Maritime Services Pvt. Ltd. Contact Person (India) Ms. Viraya Mascarenhas Crew Manager Indian Representative OSM Maritime Services Pvt. Ltd. Address (India) Global Chambers 6th Floor Next to Dheeraj Gaurav Heights Adarsh Nagar New Link Road Andheri (West) Mumbai – 400053 Telephone(s) (India) +91-22-26736459 Fax (India) +91-22-66921626 /66921628 Email (India) [email protected] Norwegian Principal(s) OSM Norway AS Address (Norway) Svinoddveien 12 4836, Arendal Norway Telephone (Norway) +47- 37- 07 38 00 Fax (Norway) +47- 85- 02 88 01 Email (Norway) [email protected] 105 Race Shipping & Transport Co. Pvt. Ltd. Contact Person (India) Mr. Shekhar Banerjee (Director & Vice President) Indian Representative Race Shipping & Transport Co. Pvt. Ltd. Address (India) A-401 Remi Biz Court, Veera Desai Road Andheri (West), Mumbai – 400053 Telephone (India) +91-22-2673 2052 (6 lines) Fax (India) +91-22-2673 2061, +91-22-2673 2062 Email (India) [email protected] [email protected] Norwegian Principal(s) Norwegian Crew Management AS Harbitzalleen 2 A, 0275 Oslo Norway Contact Person (Norway) Herman Hermansen (Managing Director) Telephone (Norway) +47-22-52 69 30 Fax (Norway) +47-22-52 50 68 106 Wilco Ship Management & Travels Pvt. Ltd. Contact Person (India) Capt. Navin Passey Managing Director Indian Representative Wilco Ship Management & Travels Pvt. Ltd. Address (India) Plot B-6 Valecha Chambers First Floor New Andheri Link Road Andheri (West) Mumbai-400053 Telephone (India) +91-22-2673 3461 / 2673 3522 / 4043 2222 Fax (India) +91-22-2673 3634 / 4043 2346 Email (India) [email protected] Norwegian Principal(s) Jahre Wallem Management AS Address (Norway) P.O. Bos 271 Strandpromenaden 9 N- 3236 Sandefjord Norway Telephone (Norway) +47-33-48 44 44 Fax (Norway) +47-33-48 44 43 Company profile Wilco Ship Management & Travels has today earned the reputation of being one of India’s largest professionally organised Ship Management and Travel Company, Shipping Agents Travel Agents And Tour Operator. 107 DnB NOR Bank ASA Norway’s largest and most inter leading international DnB NOR. At the leading edge. s More than 180 years of financial history s One of the world’s foremost shipping banks s A major international player in the energy sector s International network of 14 branches and representative offices s One of the highest credit ratings (long term rating of AA- from Standard & Poor’s, April 2008) DnB NOR Bank ASA NO-0021 Oslo Tel + 47 915 03000 DnB NOR Bank ASA Asia Headquarters 8, Shenton Way, #48-02 Singapore 0688811 Tel + 65 6220 6144 DnB NOR Bank ASA, India Representative Office C/o DBS Office Business Centre Raheja Chambers 213 Nariman Point, Mumbai 400 021 Tel +91 22 40509200. Handphone 91 9833081929 national Bank, now also in India Shipping Transport Energy Your specialist banking partner in Asia DnB NOR Bank has operated in Asia for over 38 years. In addition to the existing branch offices in Singapore and Shanghai, the bank has now opened a representative office in Mumbai, India. Our strengths include substantial expertise gained from over 30 years of working with clients in the shipping, energy and offshore industries. In May 2008, the Bank was awarded “the Ship Finance award 2008” by Seatrade Asia which is a testimony of our expertise in the ship finance industry. In Asia we also offer corporate finance, corporate banking products, forex/treasury and international cash management services, among others. DnB NOR has a long experience in helping Norwegian and Nordic clients establish operations in the fastest growing region in the world through financial services and customised solutions. 38963 | 11/08 | DnB NOR Designteam_mh DnB NOR. There for you every step of the way. www.dnbnor.com Useful Government of India Websites Department of Industrial Policy & Promotion http://dipp.nic.in Department of Commerce http://commerce.nic.in Directorate General of Foreign Trade http://dgft.delhi.nic.in Ministry of Environment & Forests http://envfor.nic.in Ministry of Micro, Small and Medium Enterprises http://ssi.nic.in Reserve Bank of India http://www.rbi.gov.in Ministry of Finance http://www.finmin.nic.in Ministry of Corporate Affairs http://www.mca.gov.in Ministry of Information & Broadcasting http://www.mib.nic.in Department of Telecommunications http://dot.gov.in Ministry of Information Technology http://www.mit.gov.in Ministry of Chemicals & Petrochemicals http://www.chemicals.nic.in Ministry of Power http://www.powermin.nic.in Department of Biotechnology http://dbtindia.nic.in Ministry of Tourism http://tourism.gov.in Petroleum and Explosives Safety Organisation http://peso.gov.in Ministry of Human Resource Development http://education.nic.in Ministry of Labour http://labour.nic.in Ministry of New and Renewable Energy http://mnes.nic.in Ministry of Petroleum & Natural Gas http://petroleum.nic.in Ministry of Textiles http://texmin.nic.in Telecom Regulatory Authority of India http://www.trai.gov.in Telecommunication Engineering Centre http://www.tec.gov.in Centre for Development of Telematics http://www.cdot.com Cabinet Secretariat http://cabsec.nic.in Ministry of Civil Aviation http://civilaviation.nic.in Ministry of Railways http://www.indianrailways.gov.in Ministry of Road Transport and Highways http://morth.nic.in Department of Shipping http://shipping.nic.in 110 Enhancing User Productivity Clear, comprehensive, accessible training and documentation play a vital role in: • Improving productivity • Enhancing and streamlining communication • Reduce support costs ibruk AS, one of Norway’s fastest growing companies, focuses on creating effective documentation and training solutions for a range of industries. Established in 1999 as Bruksanvisninger.com, ibruk has seven offices in Norway and has established a presence in India through ibruk Consulting Pvt Ltd. Propelled by the vision of being the acknowledged leader in productivity enhancement solutions, ibruk has defined its mission as improving productivity by enhancing: • Usability through effective documentation solutions. • Performance through effective training solutions. With an assortment of established industries and highly skilled talent pool, India has long been an attractive market for ibruk AS. As a step towards harnessing the potential of India, ibruk Consulting was established in 2007 and enables ibruk to: • Expand its productivity enhancement services to India. • Extend its global reach. • Leverage the vast talent in India to service clients across the world. Based in Mumbai, India, ibruk Consulting provides the following services: • Technical writing • Courseware development • Training in business productivity and technical writing In a short period of one year, ibruk Consulting has built a client base which includes the likes of IBM, Reuters Financial Services, Tata Communications, and Johnson & Johnson, India. For Reuters Financial Services, ibruk Consulting has established a dedicated technical writing team of eight who work from its Mumbai offices. “We have has a very promising start to the Indian operations and in the months to come we hope to use India as a spring board to serving more clients across the world. The skills and cost advantages of our Indian operations help us serve us customers better and at a lower cost,” says Bjørn Edvardsen, Chairman, ibruk AS. Learn more about ibruk as at www.ibruk.no and about ibruk Consulting at www.ibruk.in. Norwegian Consulates in India Royal Norwegian Consulate Mumbai 301-302, Orbit Plaza Behind Chaitanya Towers Off Appasaheb Marathe Marg New Prabhadevi Marg Prabhadevi Mumbai - 400 025 Mr. George Mathew Hony. Consul Royal Norwegian Consulate Kolkata Sarojini Naidu Sarani (Rawdon Street) Kolkata-700017 Mr. N.F. Tankariwala Hony. Consul Royal Norwegian Consulate Chennai Harbour Gate House 36 (Old 44/45) Rajai Salai Chennai - 600011 Mr. Arvind Gopinath Hony. Consul 112 Phone: +91-22 24389712/13/17 [email protected] Fax: +91- 22 24389715 [email protected] Phone: +91-33 22874994 22879769 Fax: +91-33 22879335 [email protected] Phone: +91-44 25232981/82/83 Fax: +91-44 25233235 [email protected] FPSO Dhirubhai-1 including Subsea hardware & installation – for the Reliance Industries’ MA D6 Development Aker Floating Production worked with Aker Solutions and other Aker companies to provide the complete field development in 1,200m water depth Oslo Houston Singapore Lagos www.aker-fp.com part of Aker Notes 114 TrustedGlobally Goltens: The leading independent diesel engine service and repair provider Each year over 1000 shipowners, shipyards, power plants and operators trust Goltens to organize, plan and perform maintenance and repair work on critical mechanical, hydraulic and electrical components. Goltens is the only independent repair specialist to offer clients and OEM’s an all-inclusive worldwide service. • Insitu grinding/honing • Reconditioning components • Fuel systems - governors • Turbo chargers • Electro mechanical • Hydraulic • Automation / control engineering • Spare parts We are trusted globally. Goltens India Private Ltd, Telephone: +912266755888, Fax: +912266755890, email: [email protected] Predictable service around the world www.goltens.com '6+"*3") 4*/("103& "5)&/4 .*".* For further information, contact: Per Reinboth Commercial Counsellor Royal Norwegian Embassy 50-C, Shantipath Chanakyapyuri, New Delhi-110021 Tel.: + 91-11-41779200 E-mail: [email protected]