Tamil Nadu - Chennai   

CII, government to tackle healthcare, inflation

CHENNAI: The Confederation of Indian Industry (CII) will partner the government to tackle problems related to healthcare, inflation and employment, Manikam Ramaswami, chairman, CII Tamil Nadu, said on Tuesday.

At the CII Member Fellowship Evening here, he said the CII recognised the importance of the public distribution system (PDS) as it insulated the poor from inflation. The CII was trying to work with the government to work out a public-private partnership to bring the best practices in the private sector to solve the problems of the PDS.

Skills training had already been undertaken on a big scale, he said, and the CII would train nearly 15,000 workers in different skills and 10,000 teachers in soft skills teaching in the immediate future.

As part of the evening, special addresses were made by business leaders on the importance of going global to help business growth. They said globalisation could provide opportunities to enterprising businesses.

Presenting their experience in exploring global markets to audiences in south Tamil Nadu linked through videoconferencing, business leaders said a clear strategy, perseverance and innovation were important to succeed.

M.M. Murugappan, director, Murugappa Group, said luck played a part too. But, he said, his group’s conservative approach to business, along with technological innovations, had helped to maintain a stable structure while allowing the country to nearly triple its turnover in the past few years.

H.S. Lheem, managing director, Hyundai Motor India, said Hyundai had benefited from bringing its best technology to its Indian subsidiary. It ensured cost competitiveness by adapting products to Indian conditions, and profitability by making India the sole hub for Hyundai’s small car market.

T. Johnson, managing director, St. John Freight Systems, said he could operate from Tuticorin and still maintain a global presence in more than five countries, because of constant innovation, and by taking hold of opportunities as they presented themselves.

In the current world, globalisation was necessary for survival, he said. “Competition will force us to go to the next level,” he said.

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