Beruflich Dokumente
Kultur Dokumente
Bangalore
Mumbai
Kolkata
1
Mission 2020
To update the infrastructural facilities to provide effective services to the industries
To restructure and periodically update the syllabus of Post Graduate Diploma in Packaging
To strengthen the net working with National and International Packaging Bodies/Institutes/
Universities
To expand R&D activities in collaboration with IITs and other National Institutes.
To establish new centers of the Institute at Bangalore, North East, and Ahmedabad to provide
highly skilled manpower and enhance the export market for Packaging Industry.
Quality Policy
The quality policy of Indian Institute of Packaging is to impart training and education in packaging as
par international standards and also to provide effective consultancy services to packaging and allied
industries to meet their requirement up to the level of satisfaction.
The Institute is dedicated to undertake R&D activities for the formulation of packaging standards with
optimum specification and also to develop the alternative packaging materials & system for domestic and
export market.
We believe in and strive to provide assured tests and measurements at all times conforming to the
specification laid down in national and international standards as the laboratories of the Institute are
accredited to national accreditation board for testing and calibration laboratories (NABL) as per ISO / IEC :
17025-2005
We shall also endeavor meticulous implementation and compliance with the specified quality manual and
build a quality work culture and attitude among the employees of the Institute for an effective services in
all activities of the Institute.
Dr. N. C. Saha
Director
Contents
Notice
04
06
09
19
21
Educational Activities
26
43
Other Activities
51
58
Administrative Activities
59
Auditor Report
68
Balance Sheet
70
72
Schedules
48th Annual General Body Meeting &
212 Governing Body Meeting Programme
76-98
100
Head Office
Plot E-2, MIDC Area, Post Box No. 9432, Andheri (East), Mumbai 400 093.
Tel: 2821 9803, 2821 9469, 2821 6751. Fax: 022 2837 5302. Cable: PACKINST, MUMBAI, Email: iip@iip-in.com
Registered Post
IIP/Legal & Sec/48-AGM/2014
NOTICE
TO ALL MEMBERS OF
THE INDIAN INSTITUTE OF PACKAGING
NOTICE is hereby given that the Forty Eighth Annual General Body Meeting of the members of the Indian
Institute of Packaging will be held on 31st October 2014, at 2:30 PM at Indian Institute of Packaging, E-2, MIDC
Area, Andheri (East), Mumbai 400093, to transact the following business as an ordinary business. Members
are requested to make it convenient to attend the meeting.
AGENDA ITEM NO. 1 : CONFIRMATION OF MINUTES
To confirm and approve the minutes of the Forty Seventh Annual General Meeting held in Mumbai on
25th October 2013. The minutes are placed herewith for the perusal of members.
AGENDA ITEM NO. 2 : ANNUAL REPORT AND ACCOUNTS FOR THE FY 2013-2014
To receive, consider, and if deemed fit, adopt the 48th Annual Report together with the Audited Balance
Sheet as at 31st March 2014, the Income and Expenditure account for the year ended on that date. (Queries
on Accounts, if any, may be sent to the Secretariat in writing 7 days prior to meeting).
The Governing Body has recommended to transfer the entire net surplus of ` 8,15,17,866/- (Eight Crore Fifteen
Lakhs Seventeen Thousand Eight Hundered Sixty Six only)to the Development Fund to be utilized towards
the objectives of the Institute, in that behalf to consider and if thought fit, pass the following resolution with
or without modification:
Resolved that the income of the Institute for the previous year relevant to the assessment year 2014-2015 an
amount of ` 8,15,17,866/-,the 100% of the Income of the Institute, such sum as is available at the end of the
previous year, should be accumulated and/or set apart till the previous year ending 31.03.2019 in order to
enable the Governing Body by whatever name called to accumulate funds for carrying out the infrstructure
development.
AGENDA ITEM NO. 3 : APPOINTMENT OF AUDITORS
To appoint auditors for the financial year 2014-15 and fix their remuneration on the basis of Governing Body
recommendation and in that behalf to consider & if thought fit, pass the following resolution with or without
modification as Special Resolution:
Pursuant to Section 12D (4) of The Societies Registration Act, 1860 and Memorandum of Association, Auditors
M/s M. P. Reddy and Associates be and are hereby appointed as Statutory Auditors of the Institute for the
financial year 2014-15 at remuneration of ` 75,000 per annum inclusive of all expenses (traveling, boarding,
lodging and other out of pocket expenses) but exclusive of service Tax.
AGENDA ITEM NO. 4 : ELECTIONS TO THE GOVERNING BODY
To note the positions regarding election to the Governing Body against vacancies. Details in connection with
the election are given in Explanatory Statement.
4
S.
Type of Membership
No.
1
Patron Membership
Existing
Entrance
Subscription
(`)
Fee (`)
Proposed
Entrance
Subscription
Fee (`)
(`)
1000000
1000000
2000
200000
3000
200000
Life - Non-SSI
2000
100000
3000
200000
Life SSI
2000
50000
3000
100000
Life - Individual
2000
80000
3000
80000
$ 10000
$ 10000
2000
30000
3000
30000
Ordinary - Non-SSI
2000
4000
3000
8000
Ordinary SSI
2000
2000
3000
4000
10
Ordinary - Individual
2000
2000
3000
4000
11
Ordinary - Overseas
Organization - Corporate
$ 500
$ 500
12
Ordinary - Overseas
Organization - Individual
$ 300
$ 300
13
Associate Member
2000
2000
3000
4000
10th October, 2014, Mumbai
Explanatory Statement
Elections to the Governing Body (Item no. 4 on the Agenda)
In response to the notice of elections issued on 14th August 2014, the nominations received up to
10th September 2014 were scrutinized on 11th September 2014. The particulars of nominees are stated as
under:
Particulars of
Vacancies
Vacancy
Persons Nominated
Proposer
No Nomination
Mr Subodh Gupta,
Managing Director
TRIVENI POLYMERS PVT. LTD.
G. T. Road, Piamanihari
Kundli, Haryana Pin - 131 028
B-11(Others)
1
C - USERS OF PACKAGING
No Nomination
C-16(Chemicals,
Fertilizers and Cement)
No Nomination
C-17(Pesticides /
Insecticides)
No Nomination
C-19(Others )
No Nomination
Vacancy
Persons Nominated
Proposer
Mr. Prashant Badagi, Manager,
CHAINALYTICS SERVICES PVT. LTD.
Alpha Towers, 1st Floor, Sigma
Soft Tech Park, 7, Whitefield
main Road, Bangalore,
Karnataka Pin - 560 066
(Nomination invalid)
Mr. T. S. Bhat
Manager,
Poysha Industrial Co.Ltd.,
Jiji House, Raveline Street,
Mumbai-1.
Mr. A. C. Banerjee
Joint Secretary
Ministry of Commerce,
Udyog Bhavan, New Delhi -2
Mr. A. B. Ajmera
Partner,
The Card Board Box Mfg.Company,
38, Colootola Street,Calcutta-700 073
Res: Matru Chhaya
44/2, Sarat Bose Road,
Kolkata-700 020,
phone (033) 2486-4195
M-9830033465
Mr. T. M. Swaminathan
Officer-Sales Dept.,
The Travancore Rayons Ltd.,
I.O.B.Building, 151, Mount Road,
Chennai -2
Mr. K. Vishwanathan
General Manager,
Rolls Print Co.Pvt.Ltd.,
6, Chowringhee Road,
Calcutta-13
10
Year
1966 72
Mr.H.D.Shourie
Director General,
Indian Institute of Foreign Trade,
41/A-Friends Colony, New Delhi-14
1972 - 74
Mr.H.N.Kapadia
Managing Director
Poysha Industrial Co.Ltd.,
Tiecicon House, Dr.E.Moses Road,
Mumbai-400 011
1975 79
Mr.M.CT. Pethachi
Managing Director
Travancore Rayons Ltd.,
151, Mount Road,
Chennai-600 002.
1979 - 81
Mr.P.K.Dasgupta
State Trading Corporation of India
New Delhi.
1981 82
Mr.B.K.Doshi
Managing Partner,
Swastik Paper Industries,
Sewri Cross Road, Sewri,
Mumbai 400 015
1982 - 85
Mr. H. B. Ajmera
Partner
Everest Packaging Corporation,
Mumbai.
1985 - 88
Mr.B.A.Shah
Managing Director
Saurashtra Systopack Pvt.Ltd.,
102-104, Shilpin Centre 40,
G.D.Ambedkar Road, Wadala,
Mumbai-400 031
1988 - 91
Mr.T.S.Bhat
Manager
Poysha Industrial Co.Ltd.
Jiji House, Raveline Street,
Mumbai -1
Year
1991 - 95
Mr.K.V.Krishnamurthy
Chairman
ATOILS Ltd.,
Kalamangalam, 595, 15th Cross,
J.P.Nagar, Phase-1, Bangalore-560078
1995 - 98
Mr.V.K.Sood
Head Of Packaging Dept.,
Nestle India Ltd.,
Nestle House, Haryana Jacaranda Marg,
M block, DLF City, Phase-2,
Gurgaon, New Delhi-110086.
1998 04
Mr.P.D.Shah
Director
Saurashtra Paper & Board Mills Ltd.,
61, C.D. Govt. Indl.Estate,
Charkop, Kandivli (W),Mumbai-400067
2004 - 06
Mr.Bushen L.Raina,
Managing Director
The Tinplate Co.of India Ltd.,
Golmuri Works, Jamshedpur-831003
2006 09
2009 - 12
Mr.Sanjay Bhatia,
Managing Director
Hindustan Tin Works Ltd.,
426, DLF Tower-A,
Jasola Vihar, New Delhi - 110025
2012 -
11
Office Bearers
12
Chairman IIP
Mr. R. V. S. Ramakrishna
Group President Asiapac & MEA
Signode Industrial Group
3rd floor, Jyothi Majestic, Road No.2, Banjara Hills
Hyderabad 500034.
Ph: +91 40 67468900 or 67468909
Email: rvs@signodeapac.com
Vice-Chairman IIP
Vice-Chairman IIP
Director - IIP
Secretary - IIP
Group of Industry
1.
2.
3.
4.
5.
Mr. Chakravarthi A. V. P. S.
Managing Director
Ecobliss India Pvt. Ltd.,
283/3RT Flat No. 303,
Raviteja Apartments, Sanjeeva Reddy Nagar,
Hyderabad-500038.
Tel: 040 23710429, Fax:23710429,
Email : chakravarthi@ecobliss.com
13
14
Group of Industry
6.
7.
8.
9.
10.
Mr.Diwakar Shetty,
Chairman
Fibre Foils Ltd., A6, MIDC,
Andheri(E), Mumbai-400 093
Tel:022-28326228/8609
Email : dss@shetrongroup.com
11.
Mr.Tahir Hasan
Vice-Chairman
Allahabad Dairy, 2, Kanpur Road,
Allahabad-211001(U.P) Tel:0532-2436925
Fax:0532-2436928
Email : allahabaddairy@vsnl.com
Users of Packaging
(Dairy Products) C - 13
Group of Industry
12.
13.
14.
Mr. V. Gopalakrishnan
Vice President, Excel Crop Care Ltd.,
13/14, Aradhana Indl.Estate, Goregaon(E)
Mumbai-400063, Tel:022-42522200
Fax:42522380, M:9820031993
Email : gopal@excelcropcare.com
15.
Mr. R. V. S. Ramakrishna
Vice Chairman IIP
Group President Asiapac & MEA
Signode Industrial Group 3rd floor, Jyothi Majestic,
Road No.2, Banjara Hills, Hyderabad 500034.
Ph: +91 40 67468900 or 67468909
Email: rvs@signodeapac.com
Users of Packaging
(Engineering Goods) C-18
16.
Mr Rakesh Shah
Managing Director,
Windmoller & Holscher India Pvt. Ltd.,
406-407 Hemkunt Towers, 98 Nehru Place,
New Delhi-110019, Tel:011-41618273/4,
Fax:011-41618275, Mobile:09810898084
Email:info.whi@wuh-group.com.
17.
Mr. J. R. Shah
Traders, Exporters, Dealers
Managing Director
Consultants and
Jayvee Org Polymers Pvt. Ltd.,
Others dealing in Packaging E-21
11 Niraj Indl. Estate, Off Mahakali Caves Road,
Andheri (E), Mumbai-400093, Tel : 26871350/26870243
Fax ; 26871934/26870244
Email : jayveeorganics@mtnl.net.in
Ex-officio
Dr. N.C. Saha
Indian Institute of Packaging
E-2, MIDC Area, PB No. 9432, Andheri (E), Mumbai 400 093
Tel.: 91-22-2821 9803 / 6751 / 9469
Fax : 91-22-2837 5302 / 2832 8178
Cell : 0 98199 86630 / 93230 35639
Email : director-iip@iip-in.com
Users of Packaging
(Food Articles excluding 12 and 13) C-14
Director
15
16
1.
Chairman
Tea Board,
14,BTM Sarani, Kolkata-700001.
Tel No. : 033- 22215717
Fax No. 033- 22215719
Board No. 033- 22351331
Email : chairmanteaboard@gmail.com
3.
Chairman
4.
Agriculture & Processed Food Products
Export Deve. Authority, NCUI Bldg. Plot No. 3,
SIRI Indl Area, August Kranti Marg,
Opp. Asiad Games Village,
Hauz Khas, New Delhi-110016.
Tel. : 011-26513167 Fax : 26526187.
Email : chairman@apeda.com
Chairman@apeda.gov.in
Director General
Bureau Of Indian Standards
Manak Bhavan,
Bahadur Shah Zafar Marg
New Delhi-110002.
Tel ; 011-23237991/23236902
Fax : 23234062/9399
Email: dg.bis@org.in
5.
Joint Secretary
6.
Ministry of Textile,
Room No.232, Udyog Bhavan,
New Delhi-110011
Tel:011-23062451
Email : gulatis@nic.in
sujitgulati@gmail.com
Chairman
The Cashew Export Promotion Council,
Cashew Bhavan, Kochupilammodu Road,
Mundakkal West, Kollam-691001, Kerala.
Tel: 0474-2742704/2761003
Fax No. 0474-2742704, 9847010203
Email : cepci.kollam@cashewindia.org
7.
Mr.K.B.Subramanian
Deputy Secretary
Ministry of Food Processing Industries
Govt. of India, Room No.101-B,
Panchsheel Bhavan, August Kranti Marg,
New Delhi 110 049, Mobile : 0 9868103477
Tel/Fax :011 26499177,
Email : Kb.su40@nic.in
9.
Mr. B. S. Kampani
2.
Director
Akar Laminator Ltd.
601-B,Shangrilla Premises CHS,
7 Bungalows, Andheri(W),
Mumbai 400061.
Mob:9821087503
Email : bodikampani@yahoo.com
3.
Mr. G. Sudhakar
4.
Chief Mentor & Advisor
Jumbo Bag Ltd
S.K.Enclave(Old No.47)
Nowroji Road,Chetput
Chennai-600031
M : 98402 89897
Tel:044-26452325/1722
Fax:044-26451720
Email: sudhakar@blissgroup.com
Mr.S.S.Cooper,
Director
Minipack
10, Mira Co-Op. Ind. Estate,
Off Western Exp. Highway, Mira Road
Dist. Thane 401104, Mobile : 09821046149
Tel- 022-32511808 / 9821046149
Fax- 022-28455175
E-mail- minipack@vsnl.net
perksengineering@vsnl.com
5.
Prof.G.G.Ray
Industrial Design Centre
Indian Institute of Technology Bombay
Powai, Mumbai-400 076.
Email : ggray@iitb.ac.in
17
18
7.
Mr. B. A. Shah
Managing Director
Saurashtra systopack Pvt. Ltd.,
102-104, Shilpin Centre 40,
G. D. Ambedkar Road, Wadala,
Mumbai-400031, Tel:022-67364343
Fax 67364300, Email : info@saurashtra.net
bashah@saurashtra.net
9.
Mr. R. Senguttuvan
10.
CEO: SBU Packaging & Printing
ITC Limited,
119 St. Marys Road, Abhiramapuram
Chennai 600 018
Tel No. 044 42081501-09
Fax 044-24340294, M: 9840984033
Email : r.senguttuvan@itc.in
Dear Members,
May I have the privilege to recall few of the major achievements accomplished by the
active team of the Institute during the year of 2013 - 2014.
The Institute had continued with the Upgradation of Infrastructural Facilities at its
Head Office, Mumbai and other centres with the financial assistance from the Ministry
of Commerce and Industry, Government of India which was originally initiated under
Plan Fund in 2011. In line with this, the Foundation Stone Laying Ceremony for the
construction of a new educational complex for the commencement of B.Tech degree
in Packaging Technology and Management as well as the International Packaging
Centre at IIP, Mumbai was organised successfully. In addition, the Foundation Stone
Laying Ceremony for expansion of IIP, Kolkata for Post Graduate Diploma Programme
in Packaging was also held during this year. The construction projects are progressing
as per schedule.
The Institute had also commenced two R&D projects for the Upgradation of Packaging
Standards for Fresh Fruits and Vegetables and Modified Atmospheric Packaging for
Fresh Meat Products with the financial assistance of APEDA, Government of India.
Besides, a collaborative R&D project was initiated for the first time with Indian Institute
of Technology (IIT), Mumbai for the Enhancement of Shelf-life of Tender Coconut
19
Water with the financial assistance from the Ministry of Food Processing Industry,
Government of India.
The Secretariat of Asian Packaging Federation (APF) was successfully shifted from
Thailand to India as the Director of the Institute was unanimously elected by the Board
Members of APF as Secretary General of APF for a period of four years. This helped
the Institute to establish a strong international linkage with the global packaging
community.
In order to promote the export market, the Institute had also organised the
16th edition of the National Packaging Exhibition i.e. INDPACK 2014 along with the
National Conference on Packaging at Delhi, successfully. In addition, the Institute had
been organising a number of National conferences on different subjects in packaging
at two-tier cities of India, thus establishing the brand image of the Institute. Moreover,
the Institute had also appointed a PR agency who could help the Institute with news
coverage in print and electronic media of the various events and activities relating to
the Institute.
Considering the above, I take the opportunity to express my sincere thanks to the
Department of Commerce, Ministry of Commerce & Industry, Government of India for
their financial support to implement the various schemes under the Plan Fund. At the
same time, I also wish to express my sincere thanks and gratitude to all the esteemed
members of the Governing Body of the Institute for their constant guidance and
support for transforming and taking this Institute to a great height.
Last, but not the least, I wish to thank my team members for their active co-operation,
sincerity and dedicated services to the industry and also to organise each and every
event with grand success and taking the Institute forward towards achieving the goal
of global recognition.
Jai Hind!
Dr. N. C. Saha
20
Good Afternoon Ladies and Gentleman, On behalf of the Governing Body, I am delighted
in welcoming you all to the 48th Annual General Body Meeting of the Indian Institute of
Packaging. Thanking you for joining us today. As you all know, the world Packaging market
is navigating a new era. The Brazil, Russia, India, China, South Africa and other emerging
markets will drive the global packaging consumption.
21
22
23
24
25
26
EDUCATIONAL COURSES
The Institute conducts a two years full time Post
Graduate Diploma in Packaging (PGDP), open to the
graduates in Science, technology, Engineering and
allied Science field.
The three months full time Certificate Course in
Packaging (ITC) is suitable for degree/diploma holders
in any branch and desire to make a career in Packaging
Business/Profession.
And diploma under Distance Education Programme
in Packaging (DEP) for 18 months correspondence
course is conducted on annual basis.
27
28
Mumbai
WICMA Programme
Mumbai
Mumbai
Mumbai
The Institute organized different training programmes of one week duration at different regions in India
on various subjects for the benefit of different segments of packaging industry. Some of the Training
programmes and seminars held during the period are summarized as under:
S.No. Programme / Location
Date
29
30
Date
08 - 11 April 2013
06 - 10 May 2013
13 - 25 May 2013
14 May 2013
23 - 24 May 2013
11 - 12 July 2013
26 - 27 July 2013
26 July 2013
10
30 July 2013
11
30 August 2013
12
06 September 2013
13
16 - 20 September 2013
14
21 September 2013
15
23 - 27 September 2013
16
25 - 27 September 2013
17
Packaging Hosur
20 - 21 November 2013
18
06 December 2013
19
06 - 07 January 2014
20
21 - 24 January 2014
21
24 - 25 January 2014
Date
22
19 - 20 February 2014
23
10 - 12 March 2014
24
25
26
18 - 20 March 2014
27
20 - 21 March 2014
28
21 - 22 March 2014
29
24 March 2014
30
28 March 2014
31
26 April 2014
14 March 2014
10 March 2014
31
32
33
34
35
Plastindia Foundation
36
Flexible Packaging
Association
Entrepreneurs
Welfare
Small
Scale
Association
Industries
Manufacturers
Others
Major Achievements:
Dr. E.M.S.Natchiappan, Honble Minister of state
for Commerce & Industry, Govt. of India Laid the
Foundation Stone of New Educational Complex on
6th January, 2014 at IIP, Mumbai.
IIP Kolkata organized Foundation Stone Laying
Ceremony for Expansion Project (Phase II) of IIP
Kolkata for PGDP Programme by Chief Guest Shri. S.K.
Ray Chairman, IIP on 15th March, 2014 at IIP Kolkata
37
38
Foundation Day
The Institute Celebrated 47th Year of Foundation Day
on 14th May, 2013.
An Exhibition on Packaging as a Career called
Packfair was Organised for the first time at the
Institute During 12th 14th May, 2013.
A Seminar on Packaging was also Organised in the
Institute to Commemorate this Clebration.
Director along with three office colleagues visited
Jakarta, Indonesia during 18th-21th November, 2013
for conducting the Board Meeting of Asian Packaging
Federation and the Asia Star Contest.
Chief Guest along with dignitaries at the Inauguration of Food Packaging Laboratory and New Academic block at New Delhi.
39
40
41
42
43
Design
&
SR Name of the
No Organization
Type of work
Product covered
Packaging of Passport,
Travel Documents (Phase-I)
Development of specification
for packing of 20 Kg Apples
in RSC type CFB box
2
Directorate of Horticulture,
Govt. of Himachal Pradesh.
44
development
Type of work
Product covered
Packaging of Cable
Joints ranging from
1.1. KV to 66 KV
Packaging of Welding
Wires
Welding Wires
Haffkine Bio-Pharmaceuticals
corporation Ltd, Parel
Polio Vaccine
Packaging of Wires
Wires
Film Rolls
Conveyor Belts
Copper strips
Footwear
10
Packaging of Pharma
products
11
M/S Bonfiglioli
Transmission (P) Ltd.
Sreeperumbudur-TN
Packaging of Gearbox
Gear Box
12
13
Packaging of Scooters /
Motor Cycles
45
Type of work
Product covered
14
Packaging of Textiles
Textiles
16
Packaging of Textile
Textiles
17
Packaging insulators
Insulators
Development of
Corrugated Fibre Board
Box for export
Air Bags
19
21
Sanitary wares
22 Bhuttico, Kullu
Packaging of Handloom
Products
Handloom
46
No. of Samples
Tested
No. of
Firms
Mumbai
2661
1372
Chennai
1310
525
Kolkata
800
496
Hyderabad
635
211
1590
640
Delhi
Center
No. of UN
Certificates
issued under
IMDG/ICAO
No. of
samples No. of
received Firms
Mumbai
5529
4991
4991
Chennai
712
712
712
Kolkata
216
150
114
Hyderabad
539
539
539
Delhi
549
426
426
47
48
Mechanical Testing Thickness, Handle Strength, LeakProofness Test (By Air Pressure), Hydrostatic Pressure Test,
Ink Adhesion of Printed Containers, Brimful Capacity, Closure
Leakage Test (Keeping On Floor), E.S.C.R., Closure Leakage
Test, Drop Test,
HDPE Bags
Tin Containers
Specific Tests
Mechanical Testing : Adhesion Strength of Pressure Sensitive
Adhesive Tape to Metal, Adhesion Strength of Pressure
Sensitive Tape to Self, Anchorage of Adhesives in Pressure
Sensitive Cellulose Tapes, Determination of Stability of
Pressure Sensitive Tapes, Chemical Testing : pH
10
Metal Drum
11
12
13
14
15
In addition, the testing laboratory of Head Office, Mumbai is also accredited by the Bureau of Indian
Standards (BIS) under BIS laboratory accreditation Scheme for 19 different product standards:
Standard
Year
Description
IS 1551
IS 1783 (part-1)
IS 1783 (part-2)
IS 1848
IS 1943
IS 2508
49
50
Standard
Year
Description
IS 2552
IS 2566
IS 3450
10
IS 3575
11
IS 6956
12
IS7903
13
IS 10212 (Part-1) 1986 General requirements for packages of explosives: Part 1 Commercial high
explosives
14
IS 10325
2000 Square Tins - 15 kg/litre For Ghee, Vanaspati, Edible Oils and Bakery
Shortenings
15
IS 14490
16
IS 14625
17
IS 15351
2008 Textiles - Laminated High Density Polyethylene (HDPE) Fabric for Canal
Lining
18
IS 15410
2003 Containers for Packaging of Natural Mineral Water and Packaged Drinking
Water
Mumbai:
BIS surveillance audit was successfully conducted on 6th & 7th June, 2013 by Mr.B.R.Kulkarni,Sc F (WROL),
& Mr. Nawal Kishore,Sc B (CL)
BIS approval of Renewal of recognition of our lab under BIS Lab recognition scheme 2013 has been
renewed for a period of three years from 01.7.2013 to 30.06.2016.
DGS surveillance audit was successfully conducted on 5th August, 2013 by Capt. Deepak Kapoor, Directorate,
General of Shipping, Governmet of India.
Place
Purpose
Hyderabad
22nd24th April,2013
Delhi
Delhi
Sydney,
Australia
Kolkata and
Siliguri
Delhi
Bangalore & To visit IIP Bangalore site and to attend Regional Committee
Chennai
meeting of IIP Bangalore on 06th June 2013.
Delhi
Delhi
Delhi
Delhi
51
52
Place
Hyderabad
Purpose
To attend the National Conference at Hotel Taj Vivanta, Hyderabad
which was organized by IIP-Hyderabad Center
Delhi
Delhi
Delhi
Chennai &
Bangalore
Delhi
To attend the PCD 21 Meeting of BIS as a Chairman of PCD21 Committee at Delhi, Valedictory Function of NIFTEM as the
training programme is organised by IIP-Delhi Center.
Delhi
Lucknow
Hyderabad
Place
Purpose
Delhi
Delhi &
Chennai
Jakarta,
Indonesia
Delhi &
Kolkata
Kolkata,
Guwahati &
Delhi
23rd-24th Dec,2013
Chennai
53
54
Place
Purpose
Delhi
Delhi
Delhi
Delhi &
Bangalore
Delhi,
Kolkata &
Guwahati
Delhi
Place
Purpose
Kolkata &
Guwahati
To attend the Foundation stone Laying Ceremony of IIPKolkata expansion Project (Phase II) at Kolkata and meeting
with Commissioner of Industries, Guwahati, Govt. of Assam.
Hyderabad
& Delhi
Delhi
55
(ii) IIP-Delhi
Officials made a presentation on International
Packaging on 12.04.2013 at Varanasi, organized
by Federation of Indian Exporters Organization.
56
(iii) IIP-Mumbai
Deliver a lecture on the topic Specification of
CFB boxes used for packaging fresh fruits and
vegetables at the two Day Symposiom on 26th
September 2013, organized by WICMA at Hotel
Express Inn, Nasik.
(iv) IIP-Hyderabad
IIP, Hyderabad participated in Chem Careers
India 2013 Programme (Career Show) organized
by Royal Society of Chemists from London.
Mr. Andrew MacAllister, British Deputy High
Commissioner, Hyderabad was the Chief Guest
for the Programme and Ms. Julie Frankline,
Career Specialist from Royal Society of Chemists
has attended the event from London. The
57
58
59
60
(vii) LIBRARY
The library maintained by the Institute is one of
the most informative and well equipped libraries
in the field of Packaging in this part of the Asia.
The library has about 7856 books including Chennai
406, Delhi 751, Kolkata 507 and Hyderabad 174,
on packaging materials, and packaging technology
including Packaging Standards. Library also receives
50 different Packaging Journals, published from many
countries of the world including US, Australia, Canada
South Africa etc.
IIP is privileged to have one of the best reference
libraries in the world, with books, International
periodicals, bound volumes of journals; besides a
large number of reports, National & International
standards, database on products and materials along
with reprographic facility also being available. Library
facilities are extended to the members of the Institute,
all students and faculty.
ESTABLISHMENT
Membership Subscription
A total number of 131 new members were registered
during April 2013 up to March, 2014.
Type of
Membership
Number of New
Members
Life Member
Individual Member
Ordinary Member
117
Total
131
Overseas Corporate
Individual Members
10
Life Members
146
Ordinary Member
649
Patron Members
Total
816
Corporate Governance:
Regulatory Compliance:
Associate Members
Overseas Corporate
Individual Members
Life Members
Ordinary Member
Patron Members
25 Oct
2013
06 Jan
2014
21Mar
2014
18 Jul
2014
TOTAL
Elected-(A-1)
Elected-(A-2)
Elected-(A-3)
Elected-(A-4)
LoA
Elected-(B-5)
LoA
LoA
LoA
LoA
61
62
25 Oct
2013
06 Jan
2014
21Mar
2014
18 Jul
2014
TOTAL
Elected-(B-6)
Elected-(B-7)
Elected-(B-8)
LoA
LoA
Elected-(B-9)
LoA
LoA
10
LoA
LoA
11
12
LoA
LoA
LoA
13
LoA
LoA
LoA
14
LoA
15
16
LoA
LoA
17
18
19
Nominated
20
Nominated
21
Nominated
22 Nominated
23
Nominated
Mr. K.B.Subramanian
24
Nominated
25 Nominated
Mr. R.K.Pandey/
Mr. S.R.Samuel
LoA
26
Nominated
27
Nominated
28 Nominated
29
Nominated
25 Oct
2013
06 Jan
2014
21Mar
2014
18 Jul
2014
TOTAL
LoA
LoA
30
Co-Opted
31
Co-Opted
Mr. B. A. Shah
LoA
LoA
32
Co-Opted
Mr. B. S. Kampani
33
Co-Opted
MR. G.Sudhakar
LoA
LoA
34
Co-Opted
LoA
35
Co-Opted
Mr. R. Senguttuvan
LoA
LoA
LoA
36
Co-Opted
Mr. S.S.Cooper,
LoA
LoA
LoA
LoA
37
Co-Opted
LoA
LoA
38
Co-Opted
LoA
39
Co-Opted
Prof. G.G.Ray
LoA
GB meeting in progress.
GB Members at Meeting.
63
RECRUITMENT:
64
25.11.2013
21.11.2013
25.11.2013
Mr. Saurabh
Tripathi
Technical Assistant
25.11.2013
Mr.Harshad
Mangalassery
Technical Assistant
25.11.2013
Mr.Nallavalli
Nandakishore
Technical Assistant
25.11.2013
30.12.2013
RETIREMENT:
The Following employees superannuated and retired
during the period.
Mr.AG.Kambli
MTS
30.04.2013
Mr. P.L.Solanki
Mrs. Susheela
Nair
Sr.Steno Cum
Project Assistant
30.06.2013
31.01.2014
Mr.R.B.Singh
31.01.2014
MTS
Voluntary Retirement:
Mr.D.B.Waghela MTS
30.11.2013
RESIGNATIONS:
The Following employees resigned from the Institute
for better prospectus and to lead better life.
Mr.Harinarayan
Patel
Assistant Director
31.05.2013
Mrs.Sushma
Technical Assistant
Muddhebihalkar
08.05.2013
Mr.Girish
Deshmukh
21.02.2014
WPPPO
GREEN INITIATIVE
As a corporate responsibility, Institute welcomes
and supports the Green Initiative toward this
Institute opted electronic mode of communication
and continued to maintain its lush green premises
TOTAL OUTLAY
(2012-17) (` Cr.)
1
5.00
0.50
3.00
TOTAL (A)
15.00
23.50
24.00
8.00
2.00
3.00
3.00
10
6.50
TOTAL (B)
46.50
GRAND TOTAL (A + B)
70.00
65
FINANCIAL PERFORMANCE
2393
2500
2039
1679
2000
1500
2489
1396
1360
1000
500
0
8-9
9-10
10-11
11-12
12-13
1800
1600
1400
1200
1000
800
600
400
200
0
1161
1210
8-9
9-10
10-11
11-12
12-13
13-14
NET SURPLUS
900
815
800
673
700
575
600
500
400
300
265
199
186
200
100
0
66
8-9
9-10
10-11
11-12
12-13
13-14
1674
13-14
Acknowledgement
As I conclude on your behalf, I would like to thank all the employees of the Indian Institute of Packaging for
their dedication and contribution to the success of the Institute. On behalf of the Governing Body, I would
like to express our appreciation for the contribution made by Dr. NC Saha, Director, for his un- relentless
dedication towards the Institute.
The support of the Government of India, Ministry of Commerce and Industry, Ministry of Food processing
Industry, Ministry of External Affairs and our other joint venture partners, MSMEs, APPEDA and Spices Boards,
has been pivotal in our success. On behalf of all of us, I thank them for their cooperation and unflinching
support.
I remain confident that with a balanced portfolio, world class assets , a strong balance sheet and self-funded
and Govt. funded capital expenditure programme driven by a highly skilled and dedicated workforce, your
Institute will play an increasingly important role in enhancing exports for the nation and in the process, deliver
long-term value for the Packaging Industries.
I also wish to record and express my sincere thanks to the members of the Governing Body of the Institute,
for their guidance and active participation in the meetings as well as extending financial support.
The Institute is also thankful to the International organizations, the World Packaging Organization, the Asian
Packaging Federation and Shi Lanka Institute of Packaging for giving opportunity to the Institute to conduct
Training courses in Packaging for the benefit of participants of WPO,APF member countries and participants
from Sri Lanka.
The Institute is thankful to the statutory Auditors M/S MP Reddy and Associates, Internal Auditor for Mumbai
M/S RC Jain and Associates including auditors of Regional Centers for their professional guidance. The Institute
is also thankful to all its Bankers , Customers , Industry, Associations, Members and external faculties for their
Valuable support.
On behalf of the Institute, I wish to thank the Vice Chairman Shri RVS Ramakrishna And Shri Subodh Gupta,
Regional Chairman Shri Rakesh Shah, Shri Tarun Daga, Shri Chakravarthy A.V.P.S., Shri R. Senguttuvan and
the Sub-Committee Chairmen Shri Sukumar Shah, Shri Pankaj Shah, Shri Sanjay Bhatia, Shri Vimal Kedia, Shri
Mohan Menon, Shri Diwakar Shetty and special thanks to Shri Ranjan R. Rashmi, IAS, Addl Secretary, MOC&I,
for their invaluable support, guidance and precious time well spent for the cause of the Institute.
On behalf of the Governing Body, and the employees of the Indian Institute of Packaging, I once again thank
you for your enduring support and encouragement.
(S. K. Ray)
Chairman
67
We have audited the accounts of the Indian Institute of Packaging for the year ended March 31, 2014 as
contemplated in the Sub- section (4) of Section 12D of the societies Registration Act. 1860.
These financial statements are the responsibility of Institutes management. Our responsibility is to express
an opinion on these financial statements based on our report.
We have conducted our audit in accordance with Auditing Standards generally accepted in India. Those
standards required that we plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free from material misstatements. An audit includes examining on a test basis, evidence
supporting principles used and significant estimates made by the management as well as evaluating the
overall financial statement presentation. We believe that out audit provides reasonable basis for our opinion
and we report as under.
(a) The accounts are maintained regularly and in accordance with the provisions of the Act and the Societies
Registration (Maharashtra Rules) 1971.
(b) The receipts and disbursements are properly and correctly shown in the accounts.
(c) The cash balances and vouchers in the custody of the Deputy Director (Admin & Accounts) of the Society
on the day of audit were in agreement with the accounts.
(d) All books, deeds, accounts vouchers or other documents or record required by us were produced
before us.
(e) An inventory of movables duly certified by the Secretary of the Society has been maintained
(f ) The Secretary and Deputy Director (Admin & Accounts) appeared before us and furnished necessary
information requested by us.
(g) No part of the property or funds of the Society were applied for any object or purpose other than the
object or purpose of the society.
(h) An amount of ` 8,49,954/- was outstanding for more than one year. Amount aggregating to ` 3,63,432/was outstanding for more than three years for which full provision has been made.
(i) All expenses incurred on behalf of the society are being sanctioned from time to time by the Governing
Body or any other person or persons authorized to do so under the rules and regulations of the society.
(j) Tenders were invited for repairs and construction involving Plan Fund expenditure above ` 5,000/- . The
Institute has followed Purchase Manual duly approved by Governing Body under which quotations were
obtained for the other repairs for expenses involving ` 5,000/- and tenders were invited for expenses
involving ` 5,00,000/(k) Minutes of the meetings of General Body and Governing Body are maintained regularly.
(l) A list of members is maintained and is kept up to date.
(m) The name and address of present Secretary of the Society is
Shri. Mohan Singh Kathayat,
Indian Institute of Packaging, Plot No. E-2, MIDC Area Andheri East, Mumbai 400 93.
68
When the grant or subsidy relates to an expense item. It is recognized as Revenue Grant in Aid over the period
necessary to match them on a systematic basis to the costs, which it is intended to compensate.
The Grants received for acquisition of specific assets under Plan Scheme have been treated as capital in nature.
As per Accounting Standard 12 relating to Government Grants, grants received for acquisition of capital
assets have been reduced from the cost of capital assets purchased during the year under audit
(o) Income Tax - The Society is an autonomous body & involved in educational activity, research and quality
certification and formulation of technical specifications of packaging for promotion of exports. The
Governing Body of the Society has taken decision in its 199th meeting held on 7th January, 2012 to file
an application to claim exemption of income.
Accordingly, Institute has filed the application to the Chief Commissioner of Income Tax (CCA) u/s 10(23C)
(iv) of the Income Tax Act, 1961 on 15.02.2012 seeking approval for exemption of its income. However,
the same was rejected vide order F. No. CCIT/MUM/10(23C) (iv)/373/2012-13 dated 28.02.2013
Subsequently on 17.07.2013 Institute filed Rectification application u/s, 154 against the above said order
dated 28/2/2013 passed u/s 10(23C) (iv). However the same was also rejected vide order MUM/CC/(HQ)Tech/10(23C)/373/2013-14 dated 09.10.2013
In terms of Section 10(46), the case was further taken up with Revenue Secretary, Ministry of Finance,
Department of Revenue (CBDT) (ITA. I Division) by Joint Secretary, Department of Commerce, Ministry
of Commerce & Industry vide letter No. 14(11)/2013-TP dated 10.03.2014. In reply, Finance Ministry, vide
Letter F. No. 196/10/2014-ITA-I dated 28.05.2014 informed that
The application u/s 10(46) of the Income Tax Act, 1961 may be filled along with the requisite enclosures
as per the standardized format to the Commissioner of Income Tax / Director of Income Tax under
whose jurisdiction the entity falls, for seeking the notification of exemption and thereafter the copy
of the aforesaid application with its enclosures and accompanied by the acknowledgement receipt as
evidence of having furnished the application in the office of jurisdictional CIT/DIT is to be sent to the
Under Secretary (ITA-1), Central Board of Direct Taxes.
As suggested above, the Institute is in the process of filing application u/s 10(46) of the Income Tax Act, 1961.
In view of the above, no provision for Income Tax is made in the books of accounts for the FY 2013-14 also
(p) Presentation of Income & Expenditure Account and Apportionment of Common Expenses
To make true and fair view of the activities carried out by the Institute, the Income & Expenditure Account has
been re-grouped during the year under the heads Research & Development, Educational Activities and Others.
Expenses pertaining to Rates, Taxes and Cess, Repairs & Maintenance, Administrative Expenses, Insurance
and Legal Expenses are apportioned to Research & Development and Educational Activities on the basis
of Gross Revenue earned.
For M.P. Reddy & Associates
Chartered Accountants
(Firm Regn. No. 131623W)
Date: 18.07.2014
Place: Mumbai
(M. P. Reddy)
Partner
Membership No. 038858
69
SCHEDULE IV
BALANCE SHEET
As at
`
31-03-2013
FUNDS AND LIABILITIES
SCH
`
As at
31-03-2014
`
B
C
334,122,493.06
2,318,438.00
39,062,238.40
411,392,721.32
-
411,392,721.32
411,392,721.32
707,177,025.09 786,895,890.78
Schedule A to G & L forms an integral part of the Balance Sheet As per our Report of even date
For M P Reddy & Associates
Chartered Accountants
Firm Regn. No. 131623W
(M.P. Reddy)
Partner
M.No. 038858
PLACE : Mumbai
DATE : 18.07.2014
70
RULE NO.9(1)
AS ON 31st MARCH, 2014
As at
`
31-03-2013
PROPERTIES AND ASSETS
SCH
`
As at
31-03-2014
`
FIXED ASSETS
163,979,125.14 Gross Block
D 184,945,785.14
68,523,346.61 Less: Accumulated Depreciation
78,978,686.61
95,455,778.53 Net Block
52,797,834.00 CAPITAL WORK IN PROGRESS
105,967,098.53
D
32,216,801.43
148,253,612.53
- INVESTMENTS
138,183,899.96
12,500,000.00
1,215,970.00
56,604,831.50
62,361,269.30
461,467,519.00
1,441,141.17
514,588,778.85
707,177,025.09 786,895,890.78
Secretary
Director
Chairman
Vice Chairman
Vice Chairman
71
Year Ended
`
31-03-2013
EXPENDITURE
SCH
`
Year Ended
31-03-2014
`
EXPENDITURE
57,336,533.00 Salaries & Allowances
66,228,419.00
1,457,449.00
2,805,306.00
1,208,442.00
4,991,141.00
19,832,646.00
89,034.65 Insurance
90,314.00
196,645.00
96,810,362.00
80,104,154.01
EXPENDITURE ON EDUCATIONAL
ACTIVITIES
7,284,265.00
4,559,476.60
6,275,211.00
7,517,364.50
11,198,163.00
1,329,739.00
916,132.00
3,783,833.00
15,035,316.42
81,483.35 Insurance
68,468.00
149,078.00
64,373,350.74
72
58,117,046.52
Year Ended
31-03-2014
`
109,298,917.00
95,265,452.00
12,485,065.80
44,238,136.50
9,952,651.00
853,484.00
421,586.00
20.00
439,250.00
18,795,500.65
8,267,844.00
53,911,906.00
10,625,369.00
1,637,201.00
275,495.00
-
390,000.00
7,752,754.80
82,860,569.80
87,185,693.95
42,978.00
2,420,400.00
393,575.00
2,856,953.00
2,998,605.00
INTEREST
- (a) Interest on Tax Free Bonds
115,955.00
46,714.00 (b) Saving Bank Account
57,972.00
43,156,245.31 (c) Fixed Deposits
45,195,756.55
(231,039.00) Less: Int. on FD for PG Scholarship Fund
(488,739.00)
642.00 (d) Others
31,677.00
42,972,562.31
1,817,759.00
6,193,597.00
3,001,578.22
MEMBERSHIP SUBSCRIPTION
Grant in Aid - Reimbursements from
MOFPI
MISCELLANEOUS INCOME
44,912,621.55
1,920,146.00
4,078,975.00
2,821,358.27
73
Continued
INCOME AND EXPENDITURE ACCOUNT
Year Ended
31-03-2013
EXPENDITURE
SCH
`
`
OTHER EXPENSES
26,267,028.00 DEPRECIATION
56,180.00 AUDIT FEES
789,104.20 BAD DEBTS WRITTEN OFF
(` 17,92,978.62 written off against
provision for doubtful debts during
the year)
(Refer Note No.3.1 of Schedule L)
119,773.00 DOUBTFUL DEBTS
270,140.15 MISCELLANEOUS EXPENSES
- PRIOR PERIOD EXPENSES
PROVISION FOR FUNDS
67,313,865.38 DEVELOPMENT FUND
Year Ended
31-03-2014
`
10,622,041.00
56,180.00
45,247.18
375,710.50
1,346,739.13
81,517,866.29
(M.P. Reddy)
Partner
M.No. 038858
PLACE : Mumbai
DATE : 18.07.2014
74
Year Ended
31-03-2014
`
1,178,996.00
1,178,996.00
- ADD: INTEREST ON PG SCHOLARSHIP /
432,697.00
STUDENTS MERIT FUND DEPOSITS
43,729.00 LESS: SCHOLARSHIP/MERIT AWARDS
AWARDED
-
-
488,739.00
1,567,964.00
1,567,964.00 LESS: TRF. TO BALANCE SHEET
436,053.00
436,053.00
52,686.00
Secretary
Director
Chairman
Vice Chairman
Vice Chairman
75
RESERVE FUNDS
Building Reserve Fund
Less:Adjustment for Accum. Dep & WDV
General Contingencies Reserve Fund
General Reserve Fund
Add: Transfer from Development Fund
Less:Adjustment for Accum. Dep & WDV
57,960,155.00
b.
85,277,537.01
67,313,865.38
-
DEVELOPMENT FUND
As per Last Balance Sheet
Add : Trf. from Income & Expenditure A/c
Less : Trf to Reserve Fund
152,591,402.39
4,892,274.00
2,128,000.00
21,874,357.00
28,894,631.00
c.
e.
4,820,662.00
450,000.00
5,270,662.00
76
(Amt in `)
Total AS ON
31.03.2014
30,000,000.00
27,960,155.00
69,866,070.00
127,826,225.00
152,591,402.39
81,517,866.29
69,866,070.00
164,243,198.68
20,304,065.00
60,100,000.00
54,335,546.00
26,068,519.00
5,270,662.00
550,000.00
5,820,662.00
3,000,000.00
3,000,000.00
3,079,063.38
h.
2,021,004.00
192,501.00
1,178,996.00
43,729.00
3,348,772.00
(Amt in `)
Total AS ON
31.03.2014
3,227,835.38
262,918.00
3,490,753.38
3,500,000.00
225,821.00
52,686.00
3,673,135.00
245,554,119.77
Total
334,122,493.06
77
375,834.00
c.
116,000.00
5,000.00
92,000.00
25,000.00
50,000.00
78,417.00
150,000.00
18,000.00
EARNEST MONEY
EMD - Archinova Design Pvt Ltd
EMD - Ask Technologies
EMD - Aiglecial Design
EMD - Elight Enterprises
EMD - Heerak Constructions Pvt Ltd
EMD - Shimadzu Analytical (India) Pvt Ltd
EMD - S N Eswara Kumar
EMD - Sevana Electrical AppliancesPvt Ltd
EMD - Universal Engineering Corporation
EMD - Tribeni Constructions Ltd
SECURITY DEPOSITS
Hostel Deposit
Library Deposit
Security Deposit - Aiglecial Design
Security Deposit - A K Builders (Delhi)
Security Deposit - Archinova Design Pvt Ltd
Security Deposit - Ruby Steel Traders
Security Deposit - Shadowz Protection Pvt Ltd
Security Deposit - Shree Siddhi Caterers
Security Deposit - Subhash Gardens
534,417.00
(Amt in `)
Total AS ON
31.03.2014
1,291,500.00
1,291,500.00
50,289.00
280,000.00
14,950.00
100,000.00
445,239.00
112,000.00
4,000.00
10,000.00
237,699.00
50,000.00
150,000.00
18,000.00
581,699.00
2,318,438.00
ADVANCES RECEIVED
Advance - Grant in aid (MOC&I)- Interpack 2014 Germany
Advance - Grant in aid (MOFPI)- Tender Coconut
Water Project
Advance - Journal Subscription & Advertising in
Packaging India
Advances Received for Testing/Consultancy/
Membership/Infocell
11,468,834.08
b.
500,000.00
246,986.00
25,000.00
568,998.00
413,263.00
31,162.00
104,001.00
886,122.00
9,135.00
367,615.00
RETENTION MONEY
Retention Money - A K Builders (Delhi)
Retention Money - Aiglecial Design
Retention Money - Kasturi Projects Pvt Ltd
Retention Money - Archinova Design Inc.
Retention Money - Archinova Design Pvt Ltd
Retention Money - A R K Builders
Retention Money - Elite Enterprise
Retention Money - Prithvi Constructions
Retention Money - Heerak Constructions
Retention Money - Space Woods
Retention Money - Peejje Interiors & Exteriors
Retention Money - Pooja Foundation Pvt Ltd
(Amt in `)
Total AS ON
31.03.2014
5,000,000.00
3,158,200.00
116,249.00
14,723,105.58
22,997,554.58
585,903.00
1,013,705.00
568,998.00
285,466.00
132,255.00
51,535.00
645,408.00
106,522.00
-
3,152,282.00
3,389,792.00
c.
(761,428.67)
428,515.00
353,130.09
113,309.00
1,400.00
-
6,700.00
2,350,903.00
3,130,761.00
(1,154,728.79)
302,829.00
290,540.00
149,000.00
1,100.00
563,187.00
2,700,000.00
3,600,000.00
79
23,268,943.42
d. SUNDRY CREDITORS
10,365,473.50 Sundry Creditors
(Amt in `)
Total AS ON
31.03.2014
323,482.00
(3,810.00)
5,296.00
27,113.00
50,562.00
6,854,570.21
5,820,321.61
39,062,238.40
Value
as on
01.04.2013
5
Value
as on
31.03.2014
4 = 1+2-3
DEPRECIATION
Deductions
Additions
during the
during
year
the year
10 = 1 - 5
8 = 5+6-7
9=4-8
NET BLOCK
As
As
on
on
31.03.2013
31.03.2014
Value
as on
31.03.2014
125,143,074.42 64,975,159.00
700.00
1,048,578.34
304,782.00
254,216.35
21,055.00
56,775.66
280.00
891,291.34
259,064.00
101,689.35
17,896.00
48,259.66
9,679,192.37
739,781.34
485,320.28
108,825.53
2,426,181.34
428,334.28
43,529.53
5,891,057.77
768,100.10
5,317,180.77
760,587.10
Note : Deduction Includes the adjuments on account of Government Grants. For Details please refere note no. 2(f ) from Schedule L i.e. Notes to Account
GRAND TOTAL as on 31.03.2013 441,743,817.29 157,857,203.00 382,824,061.15 216,776,959.14 246,688,545.01 26,267,028.00 204,432,226.40 68,523,346.61 148,253,612.53 195,055,272.28
- 32,216,801.43 52,797,834.00
166,701.00 78,978,686.61 138,183,899.96 148,253,612.53
14
15
16
GROSS BLOCK
Deductions
Additions
during the
during the
year
year
(Amt in `)
3,941,480.32
- 3,941,480.32
-
-
-
- 3,941,480.32 3,941,480.32
121,201,594.10 64,975,159.00
45,943,862 140,232,891.10 39,366,488.26 9,135,078.00 48,501,566.26 91,731,324.84 81,835,105.84
Purchase
Value as on
01.04.2013
MOVABLE PROPERTIES
Furniture & Fixtures @10%
14,143,882.65
179,567.00
163,537.00 14,159,912.65 8,252,824.88 589,907.00 8,842,731.88
Office Equipments @15%
7,759,032.65 1,183,381.00 1,143,788.00 7,798,625.65 6,990,932.55 131,628.00
84,522.00 7,038,038.55
Air Conditioners / Water
Coolers / Heaters @15%
1,579,959.64 2,927,695.00
984,593.00 3,523,061.64
840,178.30 256,702.00 1,096,880.30
Laboratory Equipments @15%
4,249,549.33 5,425,143.00 5,488,505.00 4,186,187.33 3,764,229.05
75,803.00
82,179.00 3,757,853.05
Library Books @60%
3,124,902.43
484,661.00
484,661.00 3,124,902.43 3,016,076.90
65,296.00 3,081,372.90
Library Books - IPC Feasibility Study @60%
609,925.00
-
609,925.00
609,225.00
420.00
609,645.00
Motor Cars @15%
1,569,045.02
- 1,569,045.02
520,466.68 157,287.00
677,753.68
Educational Equipments @15% 4,335,673.80
- 4,335,673.80 4,030,891.80
45,718.00 4,076,609.80
I T Equipments &
Upgradation @60%
1,265,177.50
320,000.00
320,000.00 1,265,177.50 1,010,961.15 152,527.00
- 1,163,488.15
Recreational Equipments @15%
57,682.00
57,682.00
36,627.00
3,159.00
39,786.00
Kitchen Equipments @15%
141,220.70
141,220.70
84,445.04
8,516.00
92,961.04
3
4
5
6
7
8
9
10
11
12
13
Category
IMMOVABLE PROPERTIES
Leasehold Land
Buildings @10%
1
2
Sr.
No.
SCHEDULE D
81
Particulars
FY 12-13
3,985,393.43 13,499,104.43
Building at Bangalore
5,559,380.00
5,559,380.00
Building at Chennai
7,462,797.00
7,462,797.00
Building at Kolkata
162,689.00
3,379,768.00
3,542,457.00
Laboratory/Workshop Equipments
2,153,063.00
2,153,063.00
82
Total
Total
9,513,711.00
FY 13-14
- TOTAL
(Amt in `)
Total AS ON
31.03.2014
2,500,000.00
5,000,000.00
5,000,000.00
12,500,000.00
27,744,191.20
b.
9,220.00
3,500.00
8,000.00
3,150.00
126,000.00
3,000.00
331,920.00
21,000.00
115,800.00
13,479.00
54,500.00
1,500.00
117,400.00
1,000.00
17,640.00
61,080.00
13,641.00
3,500.00
20,000.00
102,473.00
140,781.00
SECURITY DEPOSITS
Deposit - BMC Tank
Deposit - MVIRDC World Trade Centre
Deposit - Indian Oxygen Ltd
Deposit - MIDC, Temporary Shed
Deposit - MTNL
Deposit - Reliance Communications
Deposit - Reliance Energy Ltd
Deposit - Ekta Enterprises
Deposit - Govt. Press Nashik
Deposit - Post Office - Franking Machine
Deposit - APCPCL
Deposit - BSNL
Deposit - BOC India Ltd
Deposti - Priyam Oxygen
Deposit - Security Services
Deposit - Tamilnadu Electric Board
Deposit - DSEU
Deposit - Kailash Gas Company
Deposit - Vodafone Essar East Ltd
Deposit - West Bengal Electricity Board
Deposit - Municipal Corporation of Greater Mumbai
1,168,584.00
(Amt in `)
Total AS ON
31.03.2014
1,631,467.00
39,000.00
100,656.00
24,950.00
12,849,418.00
11,500,000.00
170,724.70
26,316,215.70
9,220.00
8,000.00
3,150.00
114,000.00
3,000.00
348,850.00
21,000.00
118,000.00
13,479.00
54,500.00
1,500.00
117,400.00
1,000.00
17,640.00
61,080.00
454,186.00
3,500.00
20,000.00
118,147.30
140,781.00
1,628,433.30
83
114,250.00
d.
1,482,200.00
65,330.00
75,334.00
3,931,500.00
5,464,795.71
8,435,022.86
8,206,276.32
84
(Amt in `)
Total AS ON
31.03.2014
22,875.00
52,900.00
75,775.00
1,482,200.00
11,160.00
15,334.00
7,848,462.86
9,334,241.32
9,893,009.32
27,660,458.89
28,584,407.50
56,604,831.50
IN CURRENT ACCOUNTS
SBI - MIDC Andheri
SBI - Salt Lake - Kolkata
SBI - Delhi
SBI - Hyderabad
SBI - Perungudi- Chennai
18,246,177.40
b. IN SAVINGS ACCOUNTS
60,899.74 SBI - MIDC Andheri
830,564.40 SBI - MIDC Andheri - INDIAPACK
891,464.14
c. IN FIXED DEPOSITS
CORPORATE LIQUID TERM DEPOSIT - CLTD
4,158,993.71 CLTD with SBI - MIDC Mumbai
(Amt in `)
Total AS ON
31.03.2014
(1,944,277.58)
1,703,694.41
2,597,837.51
2,121,034.15
917,686.92
5,395,975.41
75,302.34
1,142,752.40
1,218,054.74
34,706,954.12
4,158,993.71
34,706,954.12
d.
263,425,102.00
12,000,000.00
14,032,852.00
3,231,361.00
4,200,000.00
74,577,111.58
66,704,457.17
356,739,400.00
21,287,070.00
13,232,852.00
3,231,361.00
4,200,000.00
74,577,111.58
-
438,170,883.75
473,267,794.58
514,588,778.85
85
57,336,533.00 Total
b.
144,604.00
53,691.00
110,773.00
442,809.00
38,856.00
107,855.00
18,760.00
758,473.00
LABORATORY EXPENSES
Laboratory Accreditation Expenses (NABL)
Laboratory Audit Expenses
Misc Expenses on Testing
Laboratory Chemicals & Stores Exp
Subscriptions to Periodicals & Journals
Database Consumables & Software Expenses
Books & Periodicals
Deputation Visits Abroad
1,675,821.00
86
(Amt in `)
Total AS ON
31.03.2014
648,443.00
6,937,204.00
2,764,324.00
3,762,570.00
3,593,771.00
31,056,304.00
3,175,847.00
1,821,386.00
609,409.00
112,916.00
115,301.00
175,334.00
53,756.00
1,235,151.00
2,700,000.00
3,839,469.00
10,446.00
608,072.00
1,157,470.00
1,226,754.00
411,488.00
25,399.00
187,605.00
66,228,419.00
146,563.00
112,168.00
111,386.00
360,525.00
32,946.00
67,558.00
12,180.00
614,123.00
1,457,449.00
CONSULTANCY EXPENSES
WPO Training Programme Expenses
Consultancy Training Expenses
SEWA Program
APEDA - Consultancy Expenses
HPMC Project Expenses
Misc. Expenses on Consultancy Activities
1,820,347.00 Total
d.
1,179,017.04
395,028.53
26,791.64
1,600,837.22 Total
e. REPAIRS & MAINTENANCE
1,158,994.19 Repairs & Maintenance of Equipments & Furniture
2,066,355.51 Repairs & Maintenance of Premises
3,225,349.70 Total
f.
183,517.86
347,817.75
144,618.78
194,290.18
28,325.96
2,978,520.84
3,105,387.26
1,838.46
181,570.27
157,800.26
3,916.07
163,376.74
25,990.15
832,542.77
167,054.19
ADMINISTRATIVE EXPENSES
Advertisement for staff recruitment
Advertisement Expenses
Internal Audit Fees
Audit Fees - Other Certification Charges
Bank Charges
Contract Labour Expenses
Electricity Expenses
Fax Expenses
Hospitality Expenses
IIP Meeting Expense
Income Tax Consultancy Expenses
Internet & Website Expenses
Membership with Other Organisations
Postage & Telegram
Printing of Annual Reports
(Amt in `)
Total AS ON
31.03.2014
471,807.00
2,032,923.00
18,040.00
282,536.00
2,805,306.00
736,202.00
450,351.00
21,889.00
1,208,442.00
2,447,584.00
2,543,557.00
4,991,141.00
209,473.00
156,515.00
155,713.00
28,791.00
23,764.00
3,679,136.00
4,201,591.00
2,159.00
232,242.00
180,508.00
4,835.00
219,696.00
18,770.00
768,632.00
202,712.00
87
14,296,559.99 Total
g. INSURANCE
89,034.65 Insurance Premium
89,034.65
h. LEGAL EXPENSES
59,671.46 Legal Expenses
59,671.46
80,104,154.01
88
Total (a+b+c+d+e+f+g+h)
(Amt in `)
Total AS ON
31.03.2014
1,849,528.00
1,650,643.00
128,973.00
372,729.00
1,739,913.00
139,164.00
33,630.00
46,871.00
741,182.00
400,672.00
1,884.00
6,992.00
823,126.00
9,373.00
1,839.00
1,800,113.00
1,477.00
19,832,646.00
90,314.00
90,314.00
196,645.00
196,645.00
96,810,362.00
5,843,826.01 Total
(Amt in `)
Total AS ON
31.03.2014
1,572,901.00
5,711,364.00
7,284,265.00
54,461.00
520,476.00
637,752.00
38,903.00
747,150.40
11,876.00
62,236.00
5,348.00
788,154.20
43,060.00
160,840.00
217,011.00
814,801.00
69,050.00
1,000.00
76,010.00
37,379.00
37,645.00
156,511.00
44,813.00
35,000.00
4,559,476.60
89
865,867.00
4,583.00
18,012.00
3,786,980.00
PG Distance Expenses
PG Expenses - NRC
PG Campus Expenses
Taskfoce Committee - Syllabus for B.Tech/M.Tech Meeting Exp
PG Programme Expenses
4,675,442.00 Total
876,225.33
21,038.00
290,139.00
5,215,943.00
6,275,211.00
8,453,105.00
2,469,768.50
5,047,596.00
9,329,330.33 Total
7,517,364.50
e. EXHIBITION EXPENSES
734,748.00
110,583.00
Packmachine - Exp
184,483.00
224,331.00
149,763.00
217,582.00
18,029,225.00
105,842.00
19,756,557.00 Total
2,090.00
11,196,073.00
11,198,163.00
f. PUBLICATION EXPENSES
1,157,730.00 Total
1,277,121.00
52,618.00
1,329,739.00
1,465,065.25 Total
90
748,091.00
d. CONFERENCE EXPENSES
Total AS ON
31.03.2014
(Amt in `)
558,122.00
341,415.00
16,595.00
916,132.00
ADMINISTRATIVE EXPENSES
Advertisement for staff recruitment
Advertisement Expenses
Internal Audit Fees
Audit Fees - Other Certification Charges
Bank Charges
Contract Labour Expenses
Electricity Expenses
Fax Expenses
Hospitality Expenses
IIP Meeting Expense
Income Tax Consultancy Expenses
Internet & Website Expenses
Membership with Other Organisations
Postage & Telegram
Printing of Annual Reports
Printing & Stationery
Security Expenses
Staff Car Expenses
Telephone Expense
Travelling Expenses
Staff Recrutiment Expenses
Foreign Exchange Loss
Training to Officers / Staff
Professional Fees Paid
Professional Fees - P R Agency
Professional Fees - CRA Agency Charges
Bangalore Centre - Inauguration Expenses
Delhi Building - Inauguration Expenses
Loss on Sale of Asset
Income Tax - TDS Return Expenses
(Amt in `)
Total AS ON
31.03.2014
1,855,538.00
1,928,295.00
3,783,833.00
158,803.00
118,656.00
118,047.00
21,827.00
18,016.06
2,789,189.08
3,185,267.00
1,637.00
176,064.83
136,844.00
3,665.00
166,554.00
14,230.00
582,708.00
153,678.00
1,402,145.00
1,251,367.96
97,775.00
282,569.64
1,319,045.14
105,502.00
25,495.00
35,533.00
561,897.00
303,753.00
1,428.00
5,300.00
624,019.00
7,105.00
1,394.00
91
-
934.69
13,084,024.45 Total
81,483.35
k. LEGAL EXPENSES
54,610.54 Legal Expenses
54,610.54
68,468.00
68,468.00
149,078.00
58,117,046.52
(Amt in `)
Total AS ON
31.03.2014
99,714,324.00
99,714,324.00
5,226,280.00
-
3,641,308.00
c. RESEARCH & DEVELOPMENT PROJECTS
1,050,000.00 Projects from APEDA
5,226,280.00
1,050,000.00
4,358,313.00
1,364,682.71
1,119.00
149,078.00
b.
2,255,621.00
208,009.00
1,177,678.00
Total AS ON
31.03.2014
15,035,316.42
j. INSURANCE
81,483.35 Insurance Premium
(Amt in `)
4,358,313.00
109,298,917.00
12,485,065.80 Total
b. POST GRADUATE PROGRAMME FEES
362,550.00 PG Campus Interview Fees
8,996,146.00 PG Distance Fees
(Amt in `)
Total AS ON
31.03.2014
432,304.00
2,487,197.00
737,675.00
143,500.00
613,250.00
10,000.00
247,430.00
161,499.00
168,540.00
32,000.00
550,000.00
103,945.00
50,000.00
53,000.00
232,000.00
637,300.00
128,010.00
292,020.00
195,927.00
898,000.00
94,247.00
8,267,844.00
319,400.00
7,894,952.00
93
PG Program Fees
P G Exam Fees
Sale of Prospectus
44,238,136.50 Total
c. NATIONAL / INTERNATIONAL CONFERENCES RECEIPTS
9,571,162.00 International Summit for Packaging Industry 2014 - Fees
381,489.00 National Conference
9,952,651.00
d. ADVERTISEMENTS
493,484.00 Advertisements in Packaging India
360,000.00 Advertisement in Tech Publications - ISPI / On IIP Website
853,484.00
e. SALE OF PUBLICATION
311,774.00 Journal Subscription
109,812.00 Sale of Publication
421,586.00
f.
1,900,758.00
84,995.00
185,541.15
160,352.50
87,040.00
-
16,376,814.00
18,795,500.65
Total AS ON
31.03.2014
45,282,197.00
61,000.00
354,357.00
53,911,906.00
2,149,350.00
8,476,019.00
10,625,369.00
836,301.00
800,900.00
1,637,201.00
163,290.00
112,205.00
275,495.00
231,755.00
7,497,865.80
23,134.00
7,752,754.80
20.00
439,250.00
(Amt in `)
390,000.00
390,000.00
82,860,569.80
The Indian Institute of Packaging is a National Institute set up in May 1966 by the Indian Packaging and
Allied Industry and the Government of India, Ministry of Commerce under Societys Registration Act,1860.
The Institutes endeavor is to improve the standards of packaging needed for the promotion of exports
and help create infrastructural facilities for overall packaging improvement in India through Research
and Development, Problem Solving Consultancy, Testing, Training, Education, Industrial co-ordination,
information dissemination and other promotional efforts.
The financial statements are prepared and presented on the basis of generally accepted accounting
principles. The accounting policies are consistently applied by the Institute and are consistent with
those used in the previous year. Accounts are maintained on accrual basis except grant in aid received
from Government of India, Ministry of Commerce & Industry and Leave Travel Concession etc. benefit
availed by employees.
b) Revenue Recognition
Revenue is recognized to the extent that it is probable that the economic benefits will flow to the
Institute and the revenue can be reliably measured.
Revenue is recognized on accrual basis whenever services rendered to client and revenue can be reliably
measured.
Other Income
ii) Rental Income & Membership Subscription are accounted on receipt basis
c) Fixed Assets
Fixed assets are stated at cost, less accumulated depreciation and impairment losses if any. Cost
comprises the purchase price and any attributable cost of bringing the asset to its working condition
for its intended use except a land at Sanathnagar Hyderabad with the old structure built upon it allotted
by the Government of Andhra Pradesh free of cost vide letter no. G.O. Ms. No.428 dt. 24/10/2002
and four acres of land on perpetual lease basis for 30 years at Sompura, 1st Stage Industrial Area,
Bangalore district allotted by the Government of Karnataka free of cost vide their Letter No. HO/Allot/
Secy/20471/13050/2012-13 dated 03.01.2013. The amount of ` 30090/- incurred towards Registration
charges of the land at Bangalore is accounted under Fixed Assets.
Capital work in Progress of ` 3,22,16,801/- represents the value of major up-gradation of infrastructural
facilities including lab equipments at Mumbai, Delhi, Kolkata, Chennai & at Bangalore.
95
Depreciation is provided using the Written Down Value Method as prescribed under the provision of
Income Tax Act, 1961.
e) Impairment
The carrying amounts of assets are reviewed at each balance sheet date if there is any indication of
impairment based on internal/external factors. An impairment loss is recognized wherever the carrying
amount of an asset exceeds its recoverable amount after approval of Governing Body of the Institute.
The recoverable amount is the greater of the assets net selling price and value in use.
The Institute has few assets which are not in working condition and does not have any realizable value.
The Institute being under supervision of Ministry of Commerce & Industry, the provision of impairment
could not be made without prior approval of ministry. The Institute has system of verification of the
Assets at regular interval.
Grants and subsidies from the government are recognized when there is reasonable assurance that
the grant/subsidy will be received and all attaching conditions will be complied with.
When the grant or subsidy relates to an expense item, it is recognized as Revenue Grant in Aid over
the periods necessary to match them on a systematic basis to the costs, which it is intended to
compensate.
The Grant received for acquisition of specific assets under Plan Scheme have been treated as capital in
nature.
As per Accounting Standard 12 Accounting for Government Grants, grants received for acquisition
of capital assets should be reduced from the cost of capital assets purchased. The same principle has
been followed during the year.
g) Investments
Major Investments being fixed deposits are with various banks. An investment of ` 125 lacs is made in
tax free bonds of HUDCO, IRFCL & RECL during the year.
h) Inventories
Publications issued during the year and held at year end are valued at cost. Valuation is accepted as
certified by the management.
Foreign currency transactions are recorded in the reporting currency, by applying to the foreign currency
amount the exchange rate between the reporting currency and the foreign currency at the date of the
transaction.
96
Retirement benefit in the form of Contributory Provident Fund (CPF) & National Pension Scheme (NPS) is
defined contribution scheme and the contributions are charged to the Income and Expenditure Account
of the year when the contributions to the respective funds are due. There are no other obligations other
than the contribution payable to the respective CPF/NPS Trust.
Gratuity liability is defined benefit obligations and is provided for on the basis of an actuarial valuation
on projected unit credit method made at the end of each financial year. The Scheme is funded with LIC
of India in the form of qualifying insurance policy. Gain and loss of actuarial valuation and premium for
qualifying policy are charged to Income and Expenditure account at the end of each financial year.
Leave encashment liability is provided for on the basis of an actuarial valuation on projected unit credit
method made at the end of each financial year. The scheme is funded with LIC of India in the form of
qualifying insurance policy. Gain and loss of actuarial valuation and premium for qualifying policy are
charged to Income and Expenditure account at the end of each financial year.
k) Provisions
A provision is recognized when an Institute has a present obligation as a result of past event; it is
probable that an outflow of resources will be required to settle the obligation, in respect of which a
reliable estimate can be made. Provisions are not discounted to its present value and are determined
based on best estimate required to settle the obligation at the balance sheet date. These are reviewed
at each balance sheet date and adjusted to reflect the current best estimates.
3. Notes to Accounts
The Society is an autonomous body & involved in educational activity, research and quality certification
and formulation of technical specifications of packaging for promotion of exports. The Governing Body
of the Society has taken decision in its 199th meeting held on 7th January, 2012 to file an application
to claim exemption of income.
Accordingly, Institute had filed the application to the Chief Commissioner of Income Tax (CCA) u/s
10(23C) (iv) of the Income Tax Act, 1961 on 15.02.2012 seeking approval for exemption of its income.
However, the same has been rejected vide order F.No.CCIT/MUM/10(23C)(iv)/373/2012-13 dated
28.02.2013.
Subsequently on 17.07.2013 Institute filed Rectification application u/s. 154 against the above said
order dated 28/2/2013 passed u/s 10(23C)(iv). However the same was also rejected vide order MUM/
CC/(HQ)-Tech/10(23C)/373/2013-14 dated 09.10.2013.
In terms of Section 10(46), the case was further taken up with Revenue Secretary, Ministry of Finance,
Department of Revenue (CBDT) (ITA.1 Division) by Joint Secretary, Department of Commerce, Ministry
of Commerce & Industry vide letter No. 14(11)/2013-TP dated 10.03.2014. In reply, Finance Ministry,
vide Letter F.No. 196/10/2014-ITA-1 dated 28.05.2014 informed that
a. The application u/s 10(46) of the Income Tax Act, 1961 may be filled along with the requisite
enclosures as per the standardized format to the Commissioner of Income Tax / Director of Income
Tax under whose jurisdiction the entity falls, for seeking the notification of exemption and
b. Thereafter the copy of the aforesaid application with its enclosures and accompanied by the
acknowledgement receipt as evidence of having furnished the application in the office of
jurisdictional CIT/DIT is to be sent to the Under Secretary (ITA-1), Central Board of Direct Taxes.
As suggested above, the Institute is in the process of filing application u/s 10(46) of the Income Tax
Act, 1961. In view of the above, no provision for Income Tax is made in the books of accounts for the
FY 2013-14 also.
97
Particulars
Amount (`)
26,53,742.75
NIL
4,97,332.13
17,92,978.62
3,63,432.00
3.3 Presentation of Income & Expenditure A/c & Apportionment of Common Expenses
To make true and fair view of the activities carried out by the Institute, the Income & Expenditure
A/c has been re-grouped in to three heads i.e. Research & Development, Educational Activities &
Others.
Expenses pertaining to Rates, Taxes and Cess, Repairs & Maintenance, Administrative Expenses,
Insurance, Legal Expenses are apportioned to Research & Development and Educational Activities
on the basis of Gross Revenue earned.
Previous years figures have been regrouped where necessary to conform to this years
classification.
There are two long outstanding amounts appearing in the Financial Statements as on 31.03.2014
under Sundry Debtors for ` 363432/- and as an advance given of ` 170724/- in the name of UNDP
Jute Project Ministry of Textiles. The said project was conducted by the Institute in the past for
which financial accounts were not updated since 1.4.1999. Management has further informed that
the books of accounts of the said project are updated and also got them audited from 1.4.1999 to
31.03.2014 (consolidated as one set of accounts)
(M.P. Reddy)
Partner
Mem. No. 038858
Place: Mumbai
Date: 18.07.2014
98
Secretary
Director
Chairman
Vice Chairman
Vice Chairman
Notes
99
Programme
PROGRAMME
48th Annual General Body Meeting and
212th Governing Body Meeting
Friday 31st October, 2014
100
2.30 p.m.
4.00 p.m.
4.30 p.m.
7.00 p.m.
Annual Convocation
8.00 p.m.
Supported by
Ministry of
Commerce & Industry
Government of India
Presents
World
Packaging
Congress
Packaging:
Strategies for Global Competitiveness
9th 10th October, 2015
Hotel Renaissance Convention Centre Mumbai, India
For Further Details, Please Contact
Prof. (Dr.) Sanjay Kumar Chattopadhyay, Convenor, World Packaging Congress
Indian Institute of Packaging, E-2, MIDC Area, Road No. 08, Andheri (East), Mumbai - 400 093
Email: labiip@iip-in.com, Mobile: +91-9892672891
HEAD OFFICE
E-2, MIDC Area, Post Box No. 9432,
Andheri (E), Mumbai - 400 093. INDIA
Tel: +91-22-2821 9803 / 6751 / 9469
Fax: +91-22-2837 5302 / 2825 4631
E-mail: iip@iip-in.com, Web: www.iip-in.com
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