#number one masala export company in india

[blockgeni]

Nvidia Corp. Chief Executive Officer Jensen Huang just completed a five-day trip to India during which he visited four cities, dined with tech leaders and researchers, snapped a lot of selfies, and had a private discussion on the AI industry with Prime Minister Narendra Modi. Huang admitted to surviving entire workdays on spicy masala omelettes and cold coffees due to his overbooked agenda in India. Although Huang was received like a head of state, the trip was entirely for business purposes. The 1.4 billion-person South Asian nation represents an exceptional prospect for Nvidia, whose graphics chips are essential to the development of artificial intelligence systems. India might develop into a source of AI expertise, a location for chip manufacture, and a market for Nvidia's products as the US tightens its restrictions on the export of high-end processors to China and the globe looks for an alternative electronics manufacturing base. Huang discussed retraining large segments of the workforce and developing future AI models using Indian data and talent during a meeting with top researchers in Delhi, according to several attendees. Huang also expressed his strong belief in the engineering talent of India, notably in graduates from its top engineering universities, Indian Institutes of Technology, to an executive in Bangalore, the country's tech powerhouse. Huang stated at a press conference in Bangalore that you have the information and the talent. This will be one of the world's largest AI markets, continued Huang. Nvidia and India both have a stake in accelerating the nation's ascent in the field of artificial intelligence. High-end microprocessors cannot be sold to China, which represents a fifth of Nvidia's sales, because to concerns that the chips could be used to create autonomous weapons or engage in cyberwarfare. According to Neil Shah, vice president of research at Counterpoint Technology Market Research, India is the only market that is still open, so it is understandable that Nvidia would want to stake a number of bets there. Although Indian engineers play a significant role in the digital workforce, the nation is still a long way from acquiring the cutting-edge capabilities required to produce the sophisticated chips made by Nvidia. However, India hopes to expand its electronic manufacturing industry and use AI to strengthen its digital economy. In order to entice companies like Nvidia, Advanced Micro Devices Inc., and Intel Corp., the nation is pouring billions of dollars in subsidies into building chip manufacturing facilities. Nandan Nilekani, chairman of Infosys Ltd. and the primary designer of the fundamental components of the vast digital public infrastructure of the nation, stated that India is strategically important to the future of Nvidia. Large business companies and the government are both putting a lot of effort into developing AI infrastructure. That is fantastic news for Huang, according to Nilekani, who had dinner with the chip billionaire while he was in town. The billionaire Taiwanese-American visited the prime minister's house in Delhi. Modi revealed that they discussed "the rich potential India presents in the world of AI. Throughout the journey, Huang and Nvidia observed indications of this potential. Huang's multi-city tour included an announcement from Reliance, the largest conglomerate in India and the company that Mukesh Ambani, a billionaire, owns. Jio Platforms will develop the nation's AI computing infrastructure. Nvidia said in a release that the AI cloud will utilize its full complement of supercomputing technology. In addition to developing and running cutting-edge AI supercomputing data centers, Reliance and another sizable conglomerate, Tata, will also provide AI infrastructure as a service to be used by researchers, businesses, and startups, according to Nvidia, without providing further information or releasing a timetable. To the extent that this month, Apple will sell India-made

iPhone 15 smartphones on launch day, India has had some success in persuading industry heavyweights Apple Inc. and Amazon.com Inc. to move contract electronics manufacturing from China. It is now focusing on semiconductors, having some chip design experience but no prior experience with semiconductor foundries. The majority of state-of-the-art chips, including those created by Nvidia, are produced in Taiwan. To reach its current levels of manufacturing competence, the nation spent billions over many years. India wants to catch up, but it is having trouble developing into an AI hub. According to Sashikumaar Ganesan, head of the computational and data sciences division at the Indian Institute of Science, neither the nation's exascale computing capacity, which can perform one billion billion calculations per second, nor its pool of skilled AI programmers are currently available in the country. Ganesan, one of those invited to Huang's meeting with AI experts, stated that in addition to building AI infrastructure, we also need to establish a workforce skilled in high-performance computing. However, K. Krishna Moorthy, CEO of industry association India Electronics and Semiconductor Association, noted that the market for high-end technologies in India is rapidly maturing. Nvidia's graphics processing units, or GPUs, are in extremely high demand as a result. According to Moorthy, the government needs data security, data privacy, and data localization as India's digital economy expands. To construct an AI cloud infrastructure, this could require over 100,000 GPUs. The nation is home to telecom behemoths like Reliance's Jio, which daily collects billions of data points from its 500 million mobile phone users and hundreds of millions of retailers. According to Moorthy, the 1.4 billion Indians who generate data could position the nation for the upcoming stage of digital growth. Huang is aware that this will mark the beginning of the next round of development for chips that support AI. With four engineering centers in India, including ones in Bangalore and the Delhi suburb of Gurgaon, Nvidia already has its second-largest talent pool behind the US, with 4,000 engineers. Huang addressed town hall meetings while he was there and emphasized the significance of maintaining competitiveness in a market for AI that is quickly evolving. His take on the proverb "hunt or be hunted" was repeated while he was speaking to the staff: "Either you are running for food or running away from being food." Source link

[indianrecipesfood]

Give your food a spicy touch with the best Masala Powders in Tamilnadu

We, the South Indians love to have a plate full of rice with Sambar, Rasam, and pickles, etc. It’s like a must and should dishes that have to be prepared every day in most of our homes.

But most of us might be still struggling to impress their husbands/fathers/brothers with their food. Isn’t it? Here’s where Aachi Masala powders come to a redeem.

Aachi Foods is one of the best masala brands in South India offering a wide range of products to the customers not only in India but also overseas.

Aachi Foods – The Known Brand for Masala Powders in India:

With the main goal to serve the people with healthy and tasty spice powders and other food products, Aachi Foods was established in the year 1995 in the Tirunelveli district of Tamil Nadu.

We understand the importance of food and its taste to each of you. Whether its a curry made with vegetables, meat, or fish, spices are the must ingredients that will add a spicy flavor and uniqueness to the dishes.

So, why not add your favorite food a slight twist with our best spice powders in Tamilnadu?

Aachi foods is a brand that gives the first priority to the customer’s safety. The spice powders, ready to cook food products, pickles etc are manufactured using the fresh ingredients. And above all, those fresh ingredients will first undergo expert supervision and then moved to the manufacturing process.

Aachifoods.com is a great source to shop Spice powders, South Indian masalas, North Indian masalas, Ready to cook products, Pickles, etc. at a reasonable price. We bring you the convenience of ordering masala powders online with a great shopping experience.

What all are available at Aachi Foods?

Spice Powder: Chilli Powder, Fennel Powder, Pepper Powder, Coriander Powder, Cumin Powder…

South Indian Masalas: Rasam powder, Kulambu Chilli Masala, Madras Sambar Powder, Butter Milk Kulambu Masala, Fish Curry Masala, Chicken 65 Masala…

Chana Masala, Sabji Masala, Pav Bhaji Masala, Rajma Masala, Tandoori Chicken Masala, Royal Garam Masala, Mutton Masala…

Pickles: Mango Avakkai Pickle, Mango Ginger Pickle, Garlic Pickle, Ginger Pickle…

Ready to Cook Products: Adai Mix, Jalebi Mix, Pal Ada Payasam Mix, Ragi Dosa, Rava Idli, Masala Vada Mix

Weekends are meant to relax. Why waste your time going to stores to purchase all this stuff? We bring it right to your doorstep in just no time. Visit aachifoods.com website today, Shop all your needs and place an order. And yes, make sure you shop for above Rs. 300/- as you can avail 20% Offer. Isn’t it great? Shop now and save your budget!

Eat tasty! Live Healthy!

[siddhiparimal52]

Incense Sticks - A Brief Overview

By Amit S  |   Submitted On March 28, 2011

India and incense sticks share an age old relationship. India is a religious country and there are hardly ever any festival or religious occasions celebrated without their use.

Incense sticks are made up of aromatic plants (dried up leaves mixed with essential oils) which release fragrance when burned. It is mostly used in religious ceremonies/rituals, aromatic therapies and meditational purposes. They are also used for creating spiritual ambience and to remove bad odour. Historians suggest that incense may have originated in ancient Egypt, where in they were used while burying the mummies or on other religious gatherings.

Different countries have different ways to make incense sticks (it usually differs as per their culture). They can broadly be divided between direct burning and indirect burning incense. Indirect-burning incense does not burn on its own and requires a separate heat source. On the other hand, direct-burning incense can be lit directly by a flame and then fanned down which later on releases fragrance.

Indian incense can be further be classified into two categories: masala and charcoal. Masala incense is made up of the mixture of several solid scented ingredients, turned into a paste and then rolled over a bamboo core stick, whereas, charcoal incense is made by dipping an unscented blank stick into a mixture of perfumes or aromatic oils.

Unfortunately, most of the these sticks produced in India don't meet the correct quality parameters and are consumed domestically. The one which are exported, are of comparatively better quality because of stringent quality levels and intense competitiveness abroad. Dhoop Sticks Manufacturers in Pune.

Even though the incense sticks industry gives a means of livelihood to lakhs of rural people, especially the women that too in the tribal areas, this industry is yet to make itself count as an important contributor to our GDP.

Recently, there were some reports that incense sticks can cause cancer. Health officials warned that lighting incense sticks, sometimes emits cancer causing toxins which is almost as deadly as cigarette smoke or traffic fumes. The veracity of this claim remains to be challenged, before it is acknowledged worldwide.

Overall, the incense sticks industry is expected to perform well in the times to come, capable of knocking down every challenge whatsoever comes in their way.

PS: If you are an incense sticks suppliers, get your online catalog today and make profits by tapping the business queries being generated across the globe on the web 24/7.

I am a b2b industry analyst working for a b2b portal

Article Source: https://EzineArticles.com/expert/Amit_S/695008

Their main usage has been in different cultures and religions. It is believed that the smoke which arises on burning of agarbatti, carries one's prayers to the God. Other purposes for agarbatti burning are air purification, masking of smells that are unpleasant, providing inner harmony, and many others. With the passage of time, agarbatti manufacturing has seen quite some changes, but the basic ingredients are the same. A number of biotic material that are used in its manufacture include seeds, barks, roots, leaves, charcoal, flowers & others. Also, few essential oils, gums, resins and aromatic chemicals have been used. Depending on the type of ingredients used, agarbattis can be classified as sandal agarbatti, floral agarbatti, etc.

Presently, there are a number of Aroma Agarbattis Manufacturer companies in India that belong to the small scale industry. These companies are using the new machines and recipes to develop the agarbatti in varied fragrances. Depending on the production method, the burning time of agarbatti differers from a couple of minutes to few hours. The most popular fragrances of incense sticks are sandal and floral. Hence, almost all the agarbattis manufacturers are creating these, by using skilled manpower and machines, wherever required.

The importance of sandal is evident from the Indian tradition of its use in the worship of Lord Shiva. Consequently, Sandal Agarbatti become of utmost importance in the worship of lord. Keeping this in mind, almost all agarbatti manufacturing companies produce this type of incense stick. As a Sandal Agarbatti Manufacturer, a company must have following requisites:

License to manufacture agarbattis

Access to basic ingredients

Availability of skilled manpower

Efficient machines for making and packing

A Sandal Incense Sticks Manufacturer generally employs people from rural areas, who work from their homes. They generally take care of the initial stages of incense stick production such as bamboo stick making, mixing of incense masala and others. The later processes of perfumery addition is done at the company's manufacturing facility, by using various machines and manpower trained to handle the operations. In India, such manufacturers have provide large employment opportunities in the rural areas, especially. The aforesaid is also applicable to the Floral Incense Sticks Manufacturer, who are an indispensable part of the Indian Agarbatti Industry.

The Aroma Agarbattis Manufacture rate has increased in the past years, on account of Indian Government's support. The annual export rate of agarbatti industry has also enhanced in multiples, with various companies producing assorted incense sticks for the purpose of exporting only. This has become a standard trend in this industry, mainly because of the high profit margins involved in it.

Apart from manufacturing soothing fragrance agarbattis / incense sticks, the companies also give emphasize on their packaging. This is done by using efficacious machines and reliable material. Generally, a specific number of agarbattis are packed in plastic films. Then, some of these films are packaged together into a cardboard box that is printed with the specifications of the agarbatti stored in it. Also, attractive designs with suitable color combinations are created on the boxes, so as to lure the customers on first sight itself.

Arun Sharma - Contact Padma Perfumery Works for more information about our manufacturing products like floral incense sticks and aroma incense stick & agarbattis in India.

Article Source: http://EzineArticles.com/4832704

The use of incense dates back many centuries, probably to the biblical era and is likely to have originated in or around Egypt. Probably initially used in religious ceremonies, but also used by the Pharoahs to mask unpleasant odours as well as thought to drive away demons and please their gods. Resins and gums from aromatic trees were imported from Somali and Arabian coasts.

Many historic civilisations have used incense over the years including, the Babylonians while offering prayers, the Indus Civilization via burners and there is evidence that it use then spread to the Greeks and Romans. Chinese Buddhist monks took incense to Japan in the 6th Century for use in purification rites. Later on in the 14th century, the Shogunate samurai warriors used incense to perfume their helmets and armour to achieve an aura of invincibility. In the 15th and 16th centuries incense was more widely used amongst Japanese upper and middle classes.

Over the years many materials have been used when making incense. Traditionally incense production involved locally available materials and ingredients. Sage and Cedar were used by the North Americans for example. Trading in incense ingredients and materials was a major part of commerce along the trade routes, with one notably called the Incense Route. When it came to making incense, local knowledge and techniques generally influenced the styles and fragrances, but as migration of people grew this also had an effect on styles and tastes.

If you are interested in selling incense products and have not found the right incense wholesale supplier yet or are looking to widen your incense product offering, you should look no further than AargeeInc.com which is one the United States largest wholesale incense suppliers and importers.

Aargee has been trading in incense for over 30 years which has enabled them to aquire an enviable knowledge of all types of incense. To find out more just visit www.aargeeinc.com.

Article Source: http://EzineArticles.com/4228239The market for incense sticks is very vast and the demand for these incense sticks is high even in the far-flung rural areas. The incense industry is driven by factors other than commerce like tradition, superstition and religion...

India has a leadership position in the incense sticks market and fulfills more than half of the world's incense sticks requirements. Export earnings have crossed 220 crore mark while the domestic market is expected to be well over a thousand crores Every year more than 60 billion sticks are produced and the market is growing at a rate of 7% per year.

The incense stick market faces a sudden upsurge in demand during the festive season. Demand from both domestic and international sectors peaks up during festivals like Dassera and Diwali. Some of the popular fragrances that have captured the imagination of consumers both in India and abroad include Archanam - Mogra, Yagyam - Havan, Yogam - Dhoop, Poojanam - Saffron, Dhyanam - Sandal, Chintanam - Kasturi, and Shantam - Rose.

Today, the incense industry has not only become a major revenue earner for the Government it has also become a prominent source of employment for women in rural areas. Presently, the incense industry in India is a cottage industry and the market is largely unorganized. Only twenty percent of the market is occupied by organized players while the rest is controlled by small operators. The government needs to pay urgent attention to this industry if it wants the industry to retain its leadership position in the industry.

The incense stick industry has also promoted social entrepreneurship in the rural and semi urban areas as more and more people have acquired the confidence to start their own businesses. Some reputed Indian corporate have taken the lead in promoting this trend by training rural women in bamboo cutting, incense rolling, raw incense sorting, perfuming and packaging of incense sticks. The entry of corporate has helped in mechanization at each step of the manufacturing process. Earlier rural women used to cut bamboo with an axe leading to injuries. This process has been done away with the introduction of bamboo cutting machines.

Though mechanization was brought into this industry by, the early 1990's experience has shown that industrially manufactured incense sticks cannot match the fragrance produced by hand made incense sticks. This is because hand made incense sticks are made from medicinal aromatic herbs and fragrance oils extracted from aromatic flowers. The net result of this being that the incense stick industry has become a major source of employment to women in the rural areas. Incense Sticks Manufacturers in Pune.

Author is a contributor writer for Indian Herbal products, for more products on nag champa incense [http://www.aggarwaloverseas.com/SearchIncense-A2.aspx] like auroshikha incense [http://www.aggarwaloverseas.com/SearchIncense-A1.aspx], nag champa oil [http://www.aggarwaloverseas.com/] visit Aggarwaloverseas.

Article Source: http://EzineArticles.com/1188166

[barkhapahuja]

Things To Know About Cashew Nut Husk

Just like many plants and produce from nature, every part of the cashew nut seed is useful in production or consumption. While it is common knowledge that the cashew nut is one of the most sought after dry fruits in consumption, cooking and processing, it is the husk of cashew nut that is a fairly underplayed by-product of the cashew nut.

The by-product of the cashew nut kernel is the cashew nut husk that is an extremely versatile and useful product that is used in both domestic and commercial requirements and needs.

India is the country that produces cashew in huge amount and therefore the highest number of suppliers and exporters of the husk of cashew nut is in India. If you are looking for engaging with a supplier of a cashew husk in India, you should undertake the overall process of production of cashew husk, price brackets, used and the requirements of the cashew husk.

The Process Of Preparation Of Cashew Husk The cashew nuts come in shells. To remove the shells of the cashew nuts, there is a very detailed process of steaming which makes the shell soft. The softshell is easy to remove by hand. As the shell is peeled off, the cashew nut kernel is processed and dried in a drying chamber. Post this aspect of processing, the residual remnant of the cashew nut kernel is left over in the drying chamber. It is this skin-like residual material that is called the cashew husk. The husk is slightly reddish and brown and sometimes beige.

During the process of production and drying of the cashew kernel, a large amount of cashew husk is produced. This product is generally exported, imported and sold daily. However, good suppliers and exporters of the cashew husk provide you with the desired quantities that you require.

Cashew husk is generally imported from Vietnam as this place is a centre for cashew processing globally and has a distinct texture and colour of the husk that can be put to different uses. Therefore, one can contact the importers of cashew husk to source the cashew husk.

This husk is therefore the by-product of cashew nut during production. There are plenty of uses and needs of this product and it can be off for money by the producers of cashew nuts.

Following are some of the uses of cashew husks. Uses Of Cashew Husk Cashew husk is one of the most multi-purpose that is used in different companies. An Indian Cashew husk is a great option for generous and economical cattle food. As it is a cheap product, it is an economical alternative for animal feed products.

Some cashew husks are reddish and it is an excellent product for the production of Paan masala. Also, because of its colour, the husk is used in various pigment, leather and tanning companies and industries. You should contact the leading cashew husk suppliers in India. Approach the best and get good quality products that can be used for different purposes and needs. Compare the quality of the product and the price before you make a deal.

[bharatmasala]

Cook Protein Enriched Food With The Best Soya Badi Manufacturer in India

Festival seasons are great to celebrate with happiness but hard to stay away from non-vegetarian foods. For non-veg food lovers more than a season of celebration, it’s a season of starvation. Staying away from non-veg is the toughest task for all food lovers. Soya Badi is popularly known as meat of vegetarians is the best meat substitute. Soya Badi is also popularly called as soya chunks and is made from defatted soya flour. It is a by-product obtained through extracting soybean oil. It is enriched with protein content which is equal to that of meat. Many companies provide adulterated Soya Badi but Bharat Masala being Best Soya Badi Manufacturer in India offers a high-quality product which is quick and easy to cook.

Soya Badi is easily digestible for the people of all the age groups and it blends well and absorbs all the flavors so nicely. Kids will really enjoy the dish with love and enrich themselves with proteins. Bharat Masala is the Best Soya Badi Manufacturer in India assures Soya Badi which is full of polyunsaturated fats, proteins and omega 3 fatty acids. Texture and quality are so well maintained that as soon as you add it to warm water or gravy it becomes soft and spongy. Soya chunks are wrapped with a huge number of health benefits that include faster muscle building and metabolism. They are very good for the health of the bone, hair and skin. It significantly lowers the levels of bad cholesterol in the body and protects the heart from ailments. Many surveys have discovered the fact that Soya Badi stops excess fat accumulation around the organs and thus promotes weight-loss. Soya Badi are enriched with fiber and hence allows food to pass slowly through the system and keeps you full for longer

Versatile dishes can be made with the Soya Badi. It is a very good diet based food as well. It helps you in cutting of the starving process and keeps your tummy filled for a longer period of time. Soya Badi mixed with vegetables and rice along with the masala items will create a great veg biryani which is so good in taste that you will have the mixture of vegetables and soya that makes your breakfast complete and helps you to kick start a day. Bharat Masala is a renowned Spices Exporter in India which includes a wide range of spices which can easily blend and enhance the taste of the dishes. Combination of Soya Badi and masala product prepared by Bharat Masala will create many mouthwatering dishes which are suitable for all the seasons and all the climatic conditions. Soya Badi masala dry is one of the best and easy snacks that will kill your hunger and also creates happy snacking moments. Seasoning salad with Soya Badi and masala items will add a new flavor and is the best meal substitutable dish which will become your favorite diet plan.

[shalimarindia]

India is known as the place that is known for flavors and which is all well and good, for no place else on the planet would you be able to discover the same number of flavors and herbs as you can discover in India. Flavors are utilized broadly in Indian food and give it that one of a kind flavor and claim. These flavors and herbs loan flavor to the dish as well as a few have therapeutic esteem and many home cures can leave a well-loaded zest cupboard. In the event that you feel lost around Indian flavors and can't separate one from the other, read on.  Originated even before the independence of India, Shalimar Chemical Works Private Ltd is completely an Indian brand name, that laid its foundation stone by the hands of its founder Late Prakritinath Bhattacharjee in 1941. An year later, the company partnered with Late Panchanan Mondal and in 1945 is was incorporated by both of these partners. The products offered by us comprising Coconut Oil, Coconut Edible Oil, Medicated Coconut Oil, Non Stick Oil, Mustard Oil, Edible Oil, Vegetable Oil, Meat Masala, Coconut Oil, Cooking Oil, Ayurvedic Jasmine Oil, Ayurvedic Oil, Coconut Edible Oil, Chef Spices, Popular Spices including Chilli Powder, Coriander Powder, Turmeric Powder in India, Cumin Powder still leads the international market place in spite of ever increasing competition.

[organicmasalasouthindia]

BUY BEST QUALITY SPICE POWDER ONLINE IN TAMILNADU AT THE LOWEST PRICES

Masala powder adds the spicy touch to the Indian cooking. Each masala powder is a perfect blend of common ingredients in the right quantity to add subtle and unique flavor to the recipes. As we all know homemade masala powders are always the best in terms of flavor and aroma. 

Thus they really bring out the best in any dish. But in our busy schedule, we have no time to invest in the preparation of spice powders. And that is why we go for an easy option called “ready made” or “instant mixes”. Not all the masala powder brands give us the good quality products. We have to keenly observe and pick the best one as some of the brands are using adulterants to make money.

In order to save you and your family from this adulteration in masala powders, the only option is to go with Aachi Masala Foods Pvt. Ltd – the leading spice powder manufacturers in Tamilnadu from over three decades. The company was established in the year 1995 by Mr. A.D. Padmasingh Isaac. He ensures the products which are offered to the consumers are of the top most quality and this resulted in Aachi Foods becoming a well-known Masala powder companies in Chennai.

All the above mentioned spice powders are prepared by using No.1 quality products that are handpicked by our experienced staff.

[buypurespicesonline]

THE MOST POPULAR SOUTH INDIAN MASALAS IN COOKING

Aachi Group consists of the following companies:Aachi Masala Foods Pvt. LtdAachi Spices and Foods Pvt. LtdAachi Special Foods Pvt. Ltd Masalas for Veg Preparation:Sambar Powder, Rasam Powder, Kulambu Chilli Masala, Curry Masala, Madras Sambar Powder, Butter Milk Kulambu Masala, Biryani Masala, Vathakulambu Masala, Gobi Manchurian Masala, Idly Chilli Powder.Masalas for Non-veg Preparation:Chicken Masala, Mutton Masala, Egg Curry Masala, Chicken 65 Masala, Fish Curry Masala, Chilli Chicken Masala, Fish Fry Masala, Meat Masala, Pepper Chicken Masala. Shop South Indian Masalas online at our India’s No.1 Masala Brand available at the best prices. Make your cooking life a bit more easy and tasty on a hurry-burry day!

[shopspicesonline]

Which Brand is the best masala exporters in tamilnadu ?

Advantage of MasalaSpices are recognised to have many medical benefits. In fact, adding a bunch of spices makes a traditional Indian house authentic cooked meal one of the world’s healthful meals. 

Spices come with prominent nutritional values and offer some important health benefits.Aachi masala brand categorizes the all Indian traditional masala powder in a single way. South India best masala packed without losing its own flavour. Good masala Tamilnadu attracts every food lover.Masala Usage in Indian 

FoodsSpices play an important role in the process of food is prepared and eaten around the world. Each spice has its unique flavouring and essential nature, and adding or ignoring it literally can make a great dish.  

Indian daily routine cooking is filled with several spices including the common one like cumin, black pepper, turmeric and coriander seeds to take the dish to a paradise level.Chilli Powder, Coriander Powder, Cumin Powder, Pepper Powder and Turmeric Powder are the basic and commonly used spices. Aachi masala provides this all type of masala in several sizes based on usage, that’s why they stand as Number one masala company in Tamilnadu.

[readtomix]

Why is Aachi the Top & best South Indian masala company Exporters?

Importance of spices masala

Indian foods have a visiting card with masalas and spices. All over India fill their tongue with spices not foods. Masala seems to be a very commonly used term in Indian cuisine to describe any spice mix. Masala is an important factor for Indian cuisine and every Indian family uses different spices that shape masala for cooking in different ways. 

Masala is nothing but a blend of dry or paste-fragrant Indian spices used to flavor many of the region's popular foods and beverages. All over South India eagerly love the Masalas that import from Tamilnadu. There are many variants of the blend, each with its own special combination of spices and particular uses. Indian cuisine without a masala is incomplete and flavorless.

Aachi masala Quality

Aachi Masala stands for their uncompromising contribution for quality. Aachi masala preferred names that fulfill a wide segment of customer’s requirements. That is the main reason for Aachi masala to maintain Number one Masala Company in exporters position in Chennai.

[legalseat]

RBI Notifies New Framework Policy for External Commercial Borrowings

[Nidhisha Garg is a 3rd year B.A., LL.B (Hons.) student at the National Law Institute University, Bhopal]

On 16 January 2019, the Reserve Bank of India (RBI) notified the new policy for External Commercial Borrowings (ECB). It seeks to revise the policy that was earlier in place by virtue of the Master Direction on External Commercial Borrowings dated 1 January 2016, as updated from time to time, and shall be implemented with immediate effect. The last revision that was made to the 2016 policy framework was on 22 November 2018.

Significant changes brought about by the new policy  

The major changes that have been brought about by the new policy are enumerated as under:

1. The four-tiered structure that was in place previously has been done away with after the merger of Track I with Track II ECBs (which dealt with Foreign Currency Denominated Bonds with a maturity of three to five years and ten years respectively) and that of Track III (Indian Rupee Denominated Bonds with an average maturity period of three to five years) with Rupee Denominated Bonds (more commonly known as Masala Bonds).

2. Now that Masala Bonds have been merged with Indian Rupee Denominated Bonds, the list of ‘Forms’ in which the ECB could be raised has been modified to include “plain-vanilla” bonds under the head of INR denominated ECB.

3. Under the previous policy, draw-down in respect of ECB as well as payment of charges/fees could occur only after obtaining the Loan Registration Number (LRN) from the RBI. Under the new policy, the phrase, “as well as payment of charges or fees in respect of ECB” is lacking and all it mentions is that draw-down in respect of the ECB should occur only after obtaining LRN from the Reserve Bank.

4. The definition of “all-in-cost” has undergone the following changes:

(i) The scope of all-in-cost has been expanded to include Export Credit Agency (ECA) charges within its purview, which was lacking under the previous policy framework.

(ii) From the negative part of the old definition, “pre-payment fees and charge” has been removed. This, however, does not of itself imply that pre-payment fees and charges have now been included under the definition of ‘all-in-cost’ because the Circular mentions elsewhere under the head, ‘Other Costs’ that the same shall be outside the purview of ‘all-in-cost’.

(iii) Whereas under the 2016 policy, in case of fixed rate loans, the swap cost plus spread was to be equivalent to the floating rate, under the new policy the only condition imposed is that swap cost plus spread cannot be more than the floating rate.

(iv) The clause that provided that penal interest for breach of covenant should not be more than 2% under the head, ‘All-in-cost requirement for the three tracks’ is missing under the new policy.

Despite these changes, the ceiling of 450 basis point on all-in-costs has, however, remained unchanged.

5. The list of eligible borrowers has been expanded in that all entities which are eligible for receiving Foreign Direct Investment (FDI) are now eligible for ECB. In addition, certain other commercial entities have been added by way of express mention. These are Post Trusts, Units in Special Economic Zones (SEZ), the Small Industries Development Bank of India and the Export Import Bank of India. Other than these, the scope of eligible borrowers has been further expanded to generally include all entities engaged in micro-finance activities like not for profit companies registered under Section 8 of the Companies Act, 2013, registered societies, trusts, co-operatives and non-government organizations.

6. Even the ambit of Recognized Lenders has been broadened immensely to include all countries which are FATF (Financial Action Task Force) and IOSCO (International Organization for Securities Commissions) compliant.

7. The Minimum Average Maturity Period (MAMP) has been fixed at three years barring two exceptions:

(i) Companies in the manufacturing sector who raise and amount of $ 50 Million or its equivalent per financial year may have a minimum maturity period of one year.

(ii) MAMP will be 5 years if the ECB is raised through a foreign equity holder and the proceeds thereof are utilized for working capital purposes, general corporate purposes, or repayment of rupee loans.

8. The Government has introduced the concept of Late Submission Fee (LSF) which was previously unknown to ECBs. As a general rule, draw down under ECB is permitted only after having obtained a LRN and receipt of any proceeds under the ECB prior to the attainment of LRN must be reported. Also, there is a mandatory requirement of monthly reporting of all transactions taking place under the ECB by filing of Form ECB 2. If there is a delay in the filing of the above-mentioned forms, the same can be regularized by furnishing the LSF, the amount of which has been settled based on the period of delay. Delays up to 30 calendar days, require payment of INR 5000. Further delay up to three years shall invite a LSF of INR 50,000 for each year and any delay beyond three years shall be accompanied with a penalty of INR 1,00,000 for every year. Contraventions in the nature of non-payment of LSF shall be governed by the Foreign Exchange Management Act, 1999 (FEMA) and the regulations formulated thereunder.

9. The individual limits on the amount that could be raised through ECB that existed under the 2016 framework based on the sector in which the borrower operated has been replaced by a common upper limit of $ 750 million under the automatic route.

10. Under the End-Uses list (purposes for which the proceeds under the ECB cannot be used), even though ‘Real Estate Activities’ is part of both the policies, an exemption was made for integrated townships and affordable housing projects under the old policy which is lacking under the 2019 policy.

11. The revised framework also contains a list under both the policies, a novel Standard Operating Procedure (SOP) for Authorized Dealer Category -1 Banks to be applied for untraceable entities.

12. Other than these substantial changes, the revised policy framework consists of certain other routine changes, for example, removal of redundant provisions (like the carve-out made for ECB by airline companies, low-cost affordable housing projects etc. if the ECB agreement was entered into before 1 March 2016, etc.) which were part of the previous framework.

Most of the other provisions relating to debt-equity ratio for ECB with foreign direct equity holders under the automatic route, security for ECB, parking of proceeds, ECB for oil marketing companies, ECB for start-ups, powers delegated to AD Category -1 banks to deal with ECB cases, etc. remain the same.

Implications of the 2019 Framework

A paradigm shift that has occurred with respect to Eligible Borrowers, Recognized Lenders and MAMP is that the track-wise segregation that existed under the previous policy is no longer relevant. Considering the fact that the above three factors are the most essential ingredients for an ECB, their shift to universality is indicative of the intention of the Government to ease out the ECB norms. Also, the expansion of the scope of ‘eligible borrowers’ is an appreciable step as it indicates the inclination of the Government to enable even those entities to receive ECB that are not commercial in the conventional sense in that their sole aim is not to earn profits. As far as merging of Track III ECBs with Rupee Denominated Bonds is concerned, the step is novel in the sense that Masala Bonds, which earlier had a separate set of regulations governing them, shall also now come within the purview of ECBs and shall also be governed accordingly.

Conclusion

Commentators have considered the policy to be salutary in respect of liberalization of the ECB regime. The change that they have welcomed the most is the fact that the ambit of eligible borrowers has been expanded to a considerable extent. The press release by the RBI on the matter terms the new policy as “instrument-neutral”. This is probably because of the fact that where, under the previous policy separate conditions, prescriptions and restrictions were enlisted for ECBs under all the three separate tracks, the current policy has sought to generalize many aspects by enshrining a common clause for both, foreign currency denominated, as well as, Indian Rupee denominated ECBs.

This is indeed the right time for a revised policy considering that, despite continuous efforts on the part of the Government to update norms for ECB, the previous policy was incompatible with the other recent changes that have been incorporated in India’s foreign investment policy in general. It was felt that substantial and categorical changes need to be incorporated in the existing policy if the same had to be in consonance with the other contemporaneous changes taking place in regulations governing various aspects of the economy.

– Nidhisha Garg

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Looking for best masala powder in Tamil Nadu?

Anyone who can cook in India is aware of spices! Spicy  masala rules most of the south Indian kitchen with  the variety of spices they provide at its highest Quality and affordability. 

Indian Food provides a unique experience that most folk would keep in mind and treasure for his or her whole life. 

Masala plays an integral half in each Indian food. The massive diversity ought to be one of the logics debating ‘Love of Food’. 

India has completely different cultures united as whole, where the flavors and masalas used in every kitchen differs per people’s taste and style of cooking.

Aachi  has become a household name within a short time period. 

Aachi group is one of the standard spice manufacturers and exporters in Tamil Nadu identified for its glorious quality standardization, affordability and upgradation of product as per International standards. 

The product range, they supply is so wide that no household might afford to miss Aachi product from their kitchen.

Aachi the No. One Masala company in south india’s short Tale:

Aachi Masala, The Crown for each Queen of the Kitchen!

Aachi group was found within the year 1995 by Mr. A. D. Padmasingh Issac, a primary generation business person from Tirunelveli District of Tamil Nadu. 

  He hails from an agricultural relied family with 5 siblings. He faced several challenges in life after the sudden death of his father at the age of 12. With the stable support and love from his mother, he pursued BBA.

His mother’s aromatic cookery blended along with her overabundant love that left a magical spell on him which gave him a plan to try something to make cooking a pleasure. 

Very little did he realize that this had arranged a firm foundation in his mind to blossom as a successful businessperson at a later date.

  A number of awards are showered upon Mr. Isaac for his multi-faced business acumen.

Aachi Masala group offers wide range of masala and other food products starting from Masala Powders for Veg, Masala Powders For Non-veg,  Spice powders, North Indian Masala for each  veg and non-veg,

Instant Mixes, Ready to Cook product, veg pickles,  health mix and far more. We can eat with our eyes and noses even before tasting with our mouth. 

Aachi Masala makes the food both fragrant and colorful, which makes it more enticing yet healthy. The spices that are used are mostly good for all and tasty too!