The Indian Engineering industry comprises broadly of two segments:
A. Heavy engineering and
B. Light engineering.
The sector has emerged as the largest contributor to India’s total merchandise exports and contributes 2.5% to the GDP of the country. Moreover, India’s engineering industry accounts for 27% of the total factories in the country’s industrial sector. The light engineering industry covers a US$ 120 Bn market in six major categories which comprises: Mobile Phones, Consumer Electronics, Strategic Electronics, Computer Electronics, LED’s, and Industrial Electronics.
The National Policy on electronics by the Government of India has also set a target to reach a turnover of US$ 400 Bn, which is seen as attracting an investment of about US$ 100 Bn and will provide employment to around 28 million people over the next few years. Investment in the infrastructure sector is also increasing, which will drive the demand for capital foods, engineering and electronics sector as a whole, while indirectly drive further expansion of bank credit growth towards the sector as capacity expansion and overall growth would be funded by credit from banks and financial institutions.
At JSRA we provide consulting services across the project lifecycle: –
Program management
Compliance Management
Industrial licensing support
Foreign Direct Investment assistance
Market research and entry strategy
Bid management
Partner search and collaboration
Transaction advisory and services
Tax optimization
admin
He is Fellow member (FCS) of Institute of Company Secretaries of India (ICSI) as well
as Graduate in Commerce and Law. He has 10 year of rich experience in different
areas of corporate and commercial laws, FEMA, Legal Drafting and Corporate litigation,
Audit, Taxation- direct and indirect tax matter & practices, Including 5 years of
experience as a Compliance officer and CS of Listed Company. He is also the member
and advisors of various NGO’s and corporate for their Corporate Social Responsibility
(CSR). He is also member of NCLT & NCLAT Bar Council of India and registered as
Certified CSR Professional and practicing as CS before National Company Law
Tribunals at various part of the country. He is also designated secretarial auditor of
various entities in India. He is also active member of various forums, NGO’s and
chambers/councils of India and internationally including DBi International, Amsterdam.
He is also Founder and Member of Certified CSR Professionals Association registered
as Section 8 Company. He is also founder of RASHA Welfare Foundation for spreading
legal awareness in society by seminars, workshops and providing free legal aids.
He also has experience in different areas of practice including drafting and vetting of
various agreements, Business set up advisory, Incorporation of a Company in India or
abroad, business and factory setup in India and abroad, Foreign Direct Investment in
India, advisory and opinion on Laws applicable on Manufacturing industry, IT, Pharma,
Hospitality, Metal sectors etc., Secretarial audit and compliances, Due Diligence of
companies, CSR Advisory and opinion services, liaison with various Governments and
Non Government authorities and agencies such as Registrar of Companies, Regional
Director, NCLT/NCLAT, Reserve Bank of India, Income Tax and GST Department,
Director General of Foreign Trade (DGFT), Ministry of Corporate Affairs, Drugs Control
Department, FSSAI, NSIC, RNI and other areas under laws.
As a Certified CSR Professional, he assists in preparation of CSR Projects, their
funding, and implementation, develops CSR policies, takes up CSR Audits of Indian
Corporates, and thereby ensures governance and compliance including providing
guidance and research based advisory and opinion on subject matter of Social laws as
well as corporate laws. He is currently advising almost 35 NGO’s working in different
sectors and providing effective solutions for the funding, new project and sustainability
of the CSR initiatives within the organization.
