Chairman Speech

Dear Friends:

At the outset, I express my grateful thanks to all the members for reposing confidence by electing me as 52nd President of the Association.

The Indian economy is slowing down a bit and manufacturing activity in the country contracted for the first time in two years, dragged down by the impact of Chennai floods and falling new orders thereby putting pressures on authorities trying to step up growth. A composite indicator of manufacturing performance-fell to 49.1 in December from 50.3 in November.

With lot of important legislations are stuck due to logjam in parliament, it is anybody’s guess whether the government will be in a position to bring GST in the year 2016. Unless the national interest and economy prevails upper most in the mind of political parties across the board, the Indian economy will not be in a position to post a robust growth. Hopefully, 2016 will bring a sense of responsibility among the political parties.

As members may be aware, we have declared the theme for the year as “WELLNESS BUILDS BUSINESS”. We shall be concentrating six segments of Wellness viz. Physical Intellectual, Emotional, Occupational, Spiritual and Financial. We plan to conduct programmes in accordance with the above segments of Wellness.

The Installation Ceremony was held on 11th December, 2015 wherein we had the privilege to have Mrs. Shaina N.C., Fashion Designer, Social Activist & Treasurer, BJP Maharashtra as Chief Guest, and Dr.A.Velumani, Creator & Chief Executive Officer, THYROCARE, as Guest of Honour. Our Senior Past Presidents Shri Mahesh Goenka and Late shir Nayan Shah were felicitated at the function for their valuable contribution to cause of the Association.

As usual, BIA was a supporting organization in “CHINA HOME LIFE EXHIBITION” held between 14th December and 16th December, 2015. Lot of BIA members visited the Exhibition and BIA was given a booth to make the visitors aware of activities of BIA.

On 19th December, 2015, BIA organized “New Year Party” Wherein more than 100 members along with their evening with music and dance.

Coinciding with our Theme “WELLNESS BUILDS BUSINESS”, we have enrolled 102 BIA members and their family for the Standard Chartered Mumbai Marathon Dream Run on 17th January, 2016. This will go a long way in benefitting the members in the Physical fitness and make them quite active in their profession or business.

We are also planning to organize monthly seminar and training programmes on subjects of topical interest for the entire year. We have organized Intercity Industrial Visit to Jaipur, Alwar & Bhiwadi from 4th February to 7th February, 2016. We are also planning the International Business Delegation visit to Poland in the first week of April, 2016 and we shall inform the members the details once they are finalized.