IMC

Group Members: James Edwin Prashant Mohatta Jeetendra Daryanani Tushar Palwankar Manjunath Patil Vishwmbhar Singh Prasanna Joshi Som Panicker 14 16 18 19 25 26 55 7I

IMC-Overview  Set up in 1907  103 years old  IMC is a premier Chamber of trade, commerce & industry in India  Headquarters in Mumbai  Around 3200 direct members  Comprising a cross section of the business community-including Public & Pvt. Ltd companies  Over 225 affiliated member associations  Through which the Chamber reaches out to over 2,50,000 business establishments in the country  The first Chamber in the country to get ISO 9001:2000 accreditation in India.

IMC-Overview Three distinct phases1. (1907-1947) - A crucial role in the freedom struggle in the pre-independence era
- Pre-independence, IMC functioned as the nation's watchdog on the economic front, keeping vigil on the colonial masters' exploitative moves. - IMC's major contribution was in assuming the role of economist during the pre independence era.

IMC-Overview 2. (1947-1991) - A vital and an equally important role in the promotion of trade, commerce & industry in the planned economy in the post-independent era
During the hostile days for economic development, IMC laid the foundation -it speeded up industrialisation, -attainment of fiscal autonomy, -establishment of an Indian Mercantile Marine, -reservation of coastal trade for Indian shipping, -indianisation of administrative services and -training of Indian youths in industrial technology. It helped to establish institutions of business infrastructure such as Indian Mercantile Insurance company, Swadeshi Stores and Sydenham college of Commerce.

IMC-Overview 3. (1991-2011) - Promotion of business to become globally competitive in the postliberalization era

IMC-Overview
"Of all the chambers of commerce in the country, none has had a higher record of achievement & of more steadfast service & devotion to the cause of Indian commerce & industry than the Indian Merchants' Chamber. - J R D Tata "This Chamber is perhaps one of the oldest bodies, representing national interests all throughout their career & especially, when we were fighting against British domination. - G D Birla "If the founders of the Congress were patriotic, the founders of the Chamber were not only enlightened but also very bold & imaginative. As the Congress has played a useful part in creating an atmosphere of patriotism, the Chamber has also rendered immense service to the commerce & industry of the country. - Sardar Vallabhbhai Patel

IMC-Overview Mission & Vision Committed to Provide quality service to: Members engaged in trade, commerce & industry, to enable them to achieve growth, both qualitatively & quantitatively. The country as a whole, in the areas of economic, monetary and trade policy so as to achieve rapid national economic growth.

IMC-Overview
IMC seeks to achieve this by:
Adopting measures for promoting & safeguarding the interests of trade, commerce & industry. Creating proactive partnerships between government & business-(locally, nationally and globally). Rendering efficient service through service oriented employees & experts. Providing accurate & timely information. Engaging in economic research; imparting education relating to trade, commerce & industry & promoting awareness of social responsibilities of business. Recognizing institutions & individuals for outstanding contribution in the areas of quality, science, technology, public service & social-welfare.

IMC-Overview
Managing Committee
Sir Manmohandas Ramji President 1907-1912 Founder, IMC

Presently, Officer-in-charge

President Mr. Dilip Dandekar

Vice-President Ms. Bhavana G Doshi

IMC-Overview
Experts Committee
# 1. 2. 3. Committee Accounting Standards Agri-Business & Food AgriProcessing AntiAnti-Corruption Cell ( Task Force on Homeland Security) Business & Political Affairs Capital Market Combating Global Warming An IMC Perspective 11. # 7. Committee Corporate Governance & Governance Forum Corporate Social Responsibility Direct Taxation Education, Innovation & Commercial Examination Electronics & TeleTelecommunications

8. 9. 10.

4. 5. 6.

IMC-Overview
Experts Committeecontd
# 12. 13. Committee Finance & Banking 18. Forum of Affiliated Associations FMCG & Modern Trade Health care: Pharma & Biotech Housing IMC Court of Arbitration & Conciliation Indirect Taxation Industry Information Technology Cell Infrastructure Insurance International Trade # Committee

19. 20. 21. 22. 23.

14.

15. 16.

17.

Human Resource Development

24.

IMC-Overview
Experts Committeecontd
# 25. 26. 27. 28. 29. 30. 31. Committee Law: Review, Reforms & Rationalisation Mediation 33. Membership Development Mumbai Development 35. MSME 36. Navi Mumbai 37. Presidents Advisory Council 38. Technology and Security Travel & Tourism (Medical Tourism) Young Leaders Forum 34. # 32. Committee Quality Improvement & Technology Renewable Energy / Energy Sports, Media & Entertainment Shipping & Aviation

IMC-Activities & Services

 Information Technology Cell  Information Technology industry is one of the fastest growing industries in the Indian Economy.  Indian Merchants' Chamber is serving the Information Technology industry since 1998 through its Information Technology Committee  The IMC-IT CELL seeks to carry on an informed debate leading to well-considered suggestions on issues concerning VISA, ITES/BPO, Education and Training, E-governance, Software piracy, Cyber laws, E-Commerce, Venture Capital, ISP, Hardware & Software, Mobile Communication, Entertainment, Electronic Data Interchange (EDI), and Information Technology Industry in general.

IMC-Activities & Services

 Anti Corruption Cell

Indian Merchants Chamber has set up the following machinery for banishing corruption from the countrys body politic, by (a) interacting with members, (b) identifying issues, (c) studying, analyzing and developing responses; by (d) disseminating information to business groups on laws, rules, procedures, practices, rights and liabilities, & by carrying out propaganda on the need to battle corruption on a wide front : * An Anti-corruption Advisory Committee, with Mr Julio Ribeiro as Chairman.

IMC-Activities & Services

 IMC Court of Arbitration  IMC provides unique services to its members and others alike for resolving all disputes and differences through its IMC Court of Arbitration & Conciliation  This Institutionalized Alternate Dispute Resolution Forum was started in the year 1985 & has been in the reckoning ever since.  With a view to assist the business community as well as individuals, the Institution has framed its own Rules of Arbitration and Conciliation.  The Awards passed under these Rules can be similarly executed like decrees passed by the Court. Till date, none of the awards passed by the IMC Court of Arbitration & Conciliation has been challenged.

IMC-Activities & Services

 Certificate of Origin (COO)  COO is one useful document in Import-Export Trade as it indicates that the goods, which are being exported, are actually manufactured in a specific country mentioned therein.  This certificate is sent by the exporter to the importer & is useful for claiming special concession, if any, on the import duty charged.  It ensures that banned articles do not go to the importing country. Also, the certificate of origin ensures that the goods have not been re-shipped by the exporter after importing from some other country.
Service Offered Certificate of Origin (5 Copies) Charges for IMC Members (Rs.) 80 Charges for Non IMC Members (Rs.) 100

IMC-Activities & Services

 Certificate of Origin (COO)contd

Uses of Certificate of Origin to the Importer:

 An importer gets quick delivery of goods from the customs authorities.  An importer can claim special concession as regards payment of tariff, if available.  An importer gets adequate proof about the origin of goods imported.

IMC-Activities & Services

 Visa Recommendation Letter  Indian Merchants Chamber issues Visa Recommendation Letter to Exporters for Business purpose.  This facility can be availed only if the Company / Firm is a Member (Annual Subscriber of IMC)of the Merchants Chamber.  Indian Merchants Chamber charges Rs.200/- per Letter for Single person

IMC-Activities & Services

 Conduct Events (Example)
Date 10-Oct-2011 To 13-Oct-2011 Title 4-Day Workshop for Training in Mediation Venue Walchand Hirachand Hall, 4th Floor, IMC, Churchgate Contact number :22046633 Ext 106 email: sstrivedi@imcnet.org Timing 10.00 a.m. to 5.00 p.m.

9-Jun-2011

Interactive Meeting with Mr. Arup Patnaik, Police Commissioner, Mumbai

Walchand Hirachand Hall (4th Floor) IMC

5.30 p.m.

7-Jun-2011

Interactive meeting with Mr. Rahul Asthana, IAS, Metropolitian Commissioner, MMRDA

Babubhai Chinai Committee Room (2nd floor)

5.30 p.m.

3-Jun-2011

Interactive meeting with Mr. Nguyen Thanh Tan, H.E. Vietnamese Ambassador to India

Walchand Hirachand Hall, 4th Floor, IMC.

6.00 p.m. onwards

IMC-Activities & Services

 IMC Awards

The Purpose of the Awards is to recognise & reward talent in India in different spheres such as: Technology Research Increased Production in Agriculture and Industry Scientific management Industrial relations Export performance Rural development etc. The funds for the Awards have been donated by various trade and industry organisations as well as members of the public.

IMC-Activities & Services

 Information of Exhibition & Conferences (Worldwide)

IMC-Activities & Services

 Certificate Courses

The Indian Merchants Chamber conducts the following Advanced Certificate Courses :
 ADVANCED CERTIFICATE IN FOREIGN TRADE  ADVANCED CERTIFICATE IN FINANCIAL SERVICES  ADVANCED CERTIFICATE IN TAX LAWS  ADVANCED CERTIFICATE IN SHIPPING & LOGISTICS

IMC-Activities & Services

 Library Facilities

BOOKS: -collection of about 5,000 books. -main focus on Commerce, Economics, Industry, Law, Management, Banking & Taxation PERIODICALS: -over 400 periodicals NEWSPAPER CLIPPING FILES: - the library subscribes to around 30 Indian newspapers -Important items from those newspapers are cut out & filed topic-wise. PAMPHLETS & BROCHURES:

IMC-Activities & Services

 Library Facilities contd

DIRECTORIES: -contains about 150 items, these include trade directories from India & other publications giving information about commercial and industrial organizations, products, production capacity, textile industry etc. REPORTS: -Over 200 reports of committees & commissions are available. -Annual reports of ministries and selected commercial organizations are also maintained for reference. CD-ROMs: -the Library has a growing collection of CD-ROMs on commercial topics.

IMC-Activities & Services

 IMC-ERTF  The IMC Economic Research and Training Foundation (IMC-ERTF), the Research wing of the IMC, was established in 1959 to promote Applied Economic Research and Training.  ERTF facilitates effective interface between Government, Business, Trade and Industry through organization of seminars & special training programmes on emerging economic issues.

 With a view to promote holistic development of Trade, Commerce & Industry, the IMC-ERTF undertakes sponsored research, facilitates research & guides public policy on topics of public interest.

IMC-Activities & Services

 Hire of Conference Veneus  Venues are available for 10, 15, 25, 50, 100, 200, 300 people to conduct - Meetings, - Seminars, - Social Functions, etc.  Venues cost range from Rs. 3,500 to Rs. 20,000 for 3 Hours, with nominal additional charges per extra hour

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