Vijay Kalantri è Board Director del WTCA di New York, Vice Chairman del World Trade Center di Mumbai, India, una delle più imponenti ed efficaci strutture dedicate allo sviluppo del commercio e dell’economia internazionali presenti nella regione asiatica. L’ambiziosa vision del WTC Mumbai per il 2015 è quella di rappresentare il catalizzatore principale del commercio internazionale per quanto riguarda l’India, fornendo il massimo del supporto in termini di competenze specifiche e di strutture fisiche.
Vijay Kalantri è uno dei più importanti industriali dell’area indiana e ha una vastissima esperienza nel campo del management, della progettazione energetica e di strutture portuali. Oltre a essere presidente dell’AIAI (All Indian Association of Industries), è presidente del Consiglio Indiano per il Commercio Estero (ICOFT) e Presidente della Camera di Commercio Indo-polacca, di quella Indo-araba e di quella Indo-mauritius.
Dato il suo ruolo di primaria importanza nella gestione di molteplici realtà economico-commerciali di grandi dimensioni, abbiamo deciso di porgli alcune domande più specifiche sulle sue attività, sulla realtà indiana e sull’evento a cui parteciperà in Basilicata.
Mr. Kalantri, you hold several important offices and roles in many industrial and economical organs of India. Among the other things, you are on the Board Directors of the World Trade Centres’ Association. How this gigantic international network works, and which targets it is aiming to achieve nowadays?
You want to know first the key role WTC is playing globally and locally. Established in 1970, the World Trade Centres’ Association(WTCA) is a not-for profit , non-political association that fosters the WTC concept and develops inter-WTC co-operative programmes. WTCA membership includes nearly 315 WTCs in over 92 countries. Nearly one million companies are affiliated to various WTCs worldwide. “Peace and Stability through Trade” is the mission of the WTCA.
You may be pleased to know that the WTC network has become a powerful catalyst in promotion of international trade and investment. Today, the world trade is of the order of US$ 12 trillion (including both goods and services) and of this an estimated US$ 4 trillion i.e. one-third trade flows through the WTCs.
With its unique global mission and membership, the WTCA has become a world leader in creating innovative services for international business. The WTCA’s website is a one-stop source for global business information. Through strategic alliances with leading information and service providers, WTCA On-line offers quality products representing the best international trade information and services at discounted pri ces.
Coming to MVIRDC World Trade Centre, Mumbai, I am happy to say that it is a unique trade promotion organization in India dedicated to the promotion of India’s international trade. MVIRDC World Trade Centre is a member of the World Trade Centres’ Association (WTCA), New York, Mumbai and is the only operating Indian member of the WTCA and linked to other network of WTCs worldwide, making it a result-oriented gateway to global business. WTC Centre’s services and facilities in Mumbai have been certified as the Best Quality Practices by the WTCA World Trade Centre. WTC,Mumbai, has now become “India’s Preferred Catalyst for World Trade Development.” However we dot believe in resting on our laurels. We have to do more for strengthening international trade and services.
You mention about my role in other industrial and economic organizations in India. I am President of All India Association of Industries (AIAI) based in Mumbai. I am also heading Indo-Polish Chamber of Commerce and Indo-Mauritius Chamber of Commerce. Being chief of several trade organizations naturally gets you invitation to head several government and industry panels. My business background is textiles. However, now I am is Chairman and Managing Director of Dhige Port, a green-field project fast coming up near Mumbai.
Which is the importance of WTCA in the actual globalized scenario?
Globalization is fast becoming a reality as benefits of rising global trade is shared by all countries. Now all countries which are a part and parcel of globalization movement have to see that benefits of globalization are shared by all its people equally. If the gap between the rich and poor in a country widens despite globalization, one can only say that it is a sham globalization.
How can WTCA help providing “prosperity through trade” for the countries it established in ?
WTCA can usher in “prosperity through trade “by providing better opportunities for entrepreneurs to set up their own industries. It can also help raising competition in industry to provide quality products at a competitive price. WTCA buyer-seller meetings, signing of MoUs with other countries aimed at (WTC, Mumbai, has signed over 100 MoUs) is another way of stepping up two-way trade
India is a constantly growing country. Which is likely to become a world leading force. What is your insight about India’s actual situation and potential ?
In the context of GDP, India is the second fastest growing country after China. India has demographic advantage. Majority of its people is in the working age group. History has shown a country which has largest employable people always prospers. Apart from young people, India has a large pool of entrepreneurs eager to set up business rather than get employed. This is reflected in India’s services sector which contributes as high as 60 per cent to the country’s GDP. The country has also a vibrant small sector which leads in export. The world has started appreciating country’s knack for lean engineering. India has become leader in software. Perhaps most attractive thing about in India is that its people are capable of speaking English. India is also a democracy and has a well-established judiciary and legal system.
The salient features of Indian economy are as under:
GDP growth : 9.2 % in 2007-08, 6.7 % in 2008-09, 7.4 % in 2009-10 (estimate)
GDP 09-10 US$ 1,299 (nominal) US$ 2,862 billion (on PPP basis) (estimate)
Sectoral share Agriculture 14.6$% Industry 28.5% Services 56.9%
FY 2010 : April 2009 – to March 2010) (estimate)
Exports US$ 176,7 billion
Imports US$ 287,7 billion
Exports US$ 93.8 billion
Imports US$ 59.6 billion
Foreign investment inflows and forex reserves (US$ billion)
FDI (actual inflows)
FY 2006-07: 22.8; FY 2007-08: 34.8; FY 2008-09: 35.2; FY 2009-10: 32.4;
FY 2006-07: 3.2; FY 2007-08: 20.3; FY 2008-09: 15.00; FY 2009-10: 29.00;
FY 2006-07: 199.2; FY 2007-08: 309.7; FY 2008-09: 252.00; FY 2009-10: 277.00;
(Source: Export-Import Bank of India)