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| Interview of FICCI president Mr. Harsh Pati Singhania |
| By Vandana Vasudeven and Nidhi Chaudhry |
Mr. Harsh Pati Singhania is a Commerce Graduate from Calcutta University and did his MBA from University of Massachusetts, USA, followed by OPM Programme from Harvard Business School, USA.
 Mr. Singhania, is a young industrialist who belongs to a large industrial group - JK Organisation manufacturing Paper & Boards, Cement, Automobile Tyres & Tubes, Hybrid Seeds, Power transmission, Automotive and V-Belts, Sugar, Dairy products, Clinical Research, Hospital, Woollen and Jute Textiles, Engineering Tools, Oil Seals, etc with a turnover of over US Dollar 2.2 billion and assets of over US Dollar 2 billion. Mr. Harsh Pati Singhania oversees the Group's Pulp & Paper and Milk Products businesses, besides other corporate activities.
He was the Vice President of PHDCCI and served as Chairman of various Committees in FICCI and PHDCCI. Presently, he is Member on the Board of Indo-British Partnership and Executive Committees of FICCI, PHDCCI and ICC (India), Council for National Culture Fund, on the Board of Governors of International Management Institute and Organising Committee for Commonwealth Games, 2010.
He has been the youngest ever President of Indian Paper Manufacturers Association, and was Chairman of the Development Council for Pulp & Paper Industry, Chairman of Young Presidents Organisation - Delhi. Widely travelled, Mr. Singhania is an avid reader and golfer.
Mr. Singhania has recently assumed the chair of President FICCI. |
Q:- What do you think Independent directors are way too interfering in a company’s companies rules and regulations, in the wake of Satyam episode? |
| A:- I think everyone works for the betterment of the industry and we don’t need any policing over independent directors. What happened in the Satyam episode was sad but it was an exceptional case. |
Q:- Since we have FICCI-Frames (Feb. 17-19) being held in Mumbai and we have US as the partner country and USIBC as institutional partner, do we foresee some Indo-US industrial relations developing therein. Also, there are too many speculations about US companies withdrawing outsourcing from India. |
| A:- Indo –US relationships have been so strong before. Yes, in Frames we are accepting some leading US celebrities and some leading US entertainment industrialists. US companies won’t and can not afford to withdraw outsourcing from India the obvious reasons being the cheap and large human resources availability. |
Q:- How do FICCI react to the recently passed interim Budget? And industry’s disappointment with the same. |
A:- Interim Budget is a blueprint for next government. Whereas industry’s disappointment with the budget concerned that one can not accept much from a vote of account budget but it surely would be a directional budget to new government after elections.
He also added that FICCI is happy about a hint of tax rates reduction and FICCI accepted two things from the budget first, ‘growth rate to maintained’ and second, ‘more money in consumer’s hand to increase demand’. He said both have been done by increasing investment in various development programme and rural employment creation programmes and hinting tax reduction. |
Q:- What do you mark as your achievements? |
| A:- Achievements! Hhhmm I have never thought of any of them. I think it is for others to decide. I guess I have been able to serve people in my own spheres this I would mark as my biggest achievement. |
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