Mangalore: Rachana 'Magnet' world convention gets off to a unique start


Mangalore: Curtains down on Rachana 'Magnet' world convention

Pics: Spoorthi Ullal
Daijiworld Media Network - Mangalore (BG)

Updated

Mangalore, Apr 6: The valedictory ceremony of Rachana 'Magnet 2014', a world convention of Mangalorean businessmen and entrepreneurs at TMA Pai Convention Centre on Sunday 6 was held in the evening the same day.

Chief guest and the valedictory address was delivered by B A Cutinho, IAS, retired additional chief secretary, government of Karnataka.

Ivan D’Souza, president of Rachana, Walter D’Souza, chairman of 'Magnet-2014' organizing committee and John Monteiro, secretary, Rachana were present on the dais.

The summary of presentations of technical session-I was presented by Gerard Colaco and that of technical session-II was presented by Gerard D’Souza. A presentation on the Magnet projects was also held on the occasion.

In his valedictory address, B A Cutinho said, "Entrepreneurship has become a miracle in our country unlike in other countries like the USA, Europe and others. Entrepreneurship is not a risk taking factor in those countries; they welcome entrepreneurs.

"The main reason for this difference is the systems followed in our country coupled by the effect of olden dynasties that ruled our country," he added.

"There is scope for entrepreneurship in our country provided we follow two principles - cost cutting and creative destruction. Cut down the cost in setting up an enterprise and destroy unwanted aspects from the business. Choose the best field of business opportunities and grab the available options," he said.

John Monteiro proposed the vote of thanks.


 

Earlier Report

Mangalore: Rachana 'Magnet' world convention gets off to a unique start

Pics: Spoorthi Ullal
Daijiworld Media Network - Mangalore (BG)

Mangalore, Apr 6: 'Magnet-2014' a world convention of Mangalorean businessmen and entrepreneurs organized by Rachana was inaugurated in a unique manner at TMA Pai Convention Centre here on Sunday April 6.

To mark the inauguration, entrepreneurs Rohan Monteiro and Albert D'Souza were each handed over a bag of coins, signifying wealth, which they deposited in a box. Bishop of Mangalore diocese Dr Aloysius Paul D'Souza then opened the box and the coins gushed out, thus declaring the event open.

Along with Bishop Dr Aloysius Paul D'Souza, Ivan D'Souza, Rachana president, Richard Saldanha, former chairman and CEO of Unilever (Peru), Abraham Chacko, executive director of Federal Bank, Walter D'Souza, convener of Magnet-2014, Derek Lobo, programme committee convener, and Marcel Monteiro, general secretary of Magnet-2014 were present on the dais.

Delivering the keynote address on the topic 'Build brands to build international business', Richard Saldanha said that building business without a brand is like putting cart before the horse. "The world is building brands before building business. Trading is about stocking and business is about branding. We have sight but not vision - a blind person is not the one who cannot see but the one who does not wish to see.

"India is a global economic power. We are among the top ten in global GDP. We stand first in agriculture, in production of tea, fruits, vegetables and milk; in mobile industry we are second and so also when it comes to English speaking population. These facts clearly prove that India should be a brand leader. We have potential but this potential is of no use unless it becomes kinetic. We are 17th in world population and placed 111th in global rating; we are the fourth largest country but the 19th largest exporters. We are behind Singapore, Belgium and Korea," he said.

"The world produces 200,000 patents a year but India hardly registers any patents. Without patent we cannot build a brand. Top global brands are dominating our market but not a single Indian brand is among the top 100 in the world, while Korea has three and Finland has one. We are the world's back office, let's become the front office. We have potential and skill, but we don't have will. Brand your products and take them to the world. Innovation is taking place at the speed of light, and we need to be alert and authentic. We need an organization which helps in brand building, and that organization itself must be a brand before building other brands," he said.

"Brands build a country and country does not build a brand. Do not blame the politicians and the bureaucrats, but start building your own brands," he advised.

Bishop Dr Aloysius D'Souza in his address said, "Rachana has created history by organizing such a big convention in Mangalore to help our community. There is a paradigm shift in the thinking pattern in Rachana - earlier it was individualist and limited to one's own business, but now they have opened up and are assisting others. The community and young entrepreneurs will benefit highly by this. Utilize the funds collected to assist new entrepreneurs to come up in the field."

Abraham Chacko spoke on 'Exim trade' with the help of a PPT presentation. He compared Kerala, Singapore and also Mangalore and stressed that 'small can be big'. He said Kerala has everything that Singapore has, and additionally also has land and education. But Kerala GDP is 65-70 billion while that of Singapore is 270 billion. "When Singapore can achieve such growth, why not Kerala or Mangalore?" he said.

He also presented facts and figures about Mangalore Catholics and said that the city has plenty of opportunities especially in export business with road, rail, air and port connectivity. He stressed that export business in Mangalore should be encouraged more.

Anil, owner of Rachana printing press and Joyce Dais who runs homemade products business were honoured for growing into entrepreneurs with the help of funds provided by Rachana Cooperative Society.

Ivan D'Souza welcomed the gathering while Walter D'Souza spoke on the themes and objectives of 'Magnet-2014'

Marcel Monteiro proposed the vote of thanks.

An exhibition of mini industrial products was also held as part of the event.

 

  

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Comment on this article

  • DONY LOBO, MILAGRES- MANGALORE(QATAR)

    Mon, Apr 07 2014

    Dear Julietbai,
    Thank you very much for your kind words and blessings, and yes I do look forward to come back to my mai gavum which however could be in the near future. Only thing is I do not have any achievements in professional life like many of those present for the great occasion. Having lost my Father when I was just seven it was an uphill task for me to build up my educational and professional career and am happy to have ended up as a Marketing Manager of the world-famous company that manufactures the Ferrero-Kinder chocolates for nearly 15 years and then till now of the British Perfumery giant Milton Lloyds. …based here in Qatar.
    What impressed me the most with the convention is its timing, which is at a time when most of the youngsters may have finished their final exams and pondering their next step, be it academical or even professional and I hope Rachana can regularly conduct such career guidance seminars or conventions which can help the youngsters (both boys and girls) at a critical time in their careers especially as they enter an extremely and fiercely competitive world.

    I do hope His Lordship the Bishop establishes a similar career guidance unit in every community or parish school or college to cater to the needs of the students.

    REGINA PECCATORUM......TUMKA SOMESTANK DEV BOREN KORUM

    DisAgree Agree [1] Reply Report Abuse

  • Roland,

    Mon, Apr 07 2014

    While I congratulate the organisers for conducting this event, but the entertainment was not required, as we are in the season of Lent and time for sacrificing and penance. While the Bishop has passed an order that no weddings in the evening are to be held on the 1st sunday of the year, surprised that he has given his consent for the cultural programme at the event.

    It is my personal opinion.

    DisAgree [1] Agree [2] Reply Report Abuse

  • juliet mascarenhas, bejai mangalore

    Mon, Apr 07 2014

    Sri Ivan D'souza,it was your dream to hold a world convention and you fulfilled it during your president-ship.It was a unique event well organised.This Magnet 2014 is a stepping stone for the budding entrepreneurs of Mangalore Catholic Community to build brand in the International Market.

    DisAgree Agree [5] Reply Report Abuse

  • Jude, Bejai

    Mon, Apr 07 2014

    Let us hope at least now onwards "MAGNET" pulls the youth for self employment....!

    DisAgree Agree Reply Report Abuse

  • Pascal Monteiro, Paldane, Mangalore (KCWA LM)

    Sun, Apr 06 2014

    Congrats to organizers. A very deep thinking/ideas behind for the new generation for self employment and employer oriented talks for the youngsters. Great event in Mangalore. May God Bless us all and learn more from these type of conventions.

    DisAgree Agree [5] Reply Report Abuse

  • RTN MICHAEL MATHIAS SHIRVA ROTARY, PILAR SHIRVA

    Sun, Apr 06 2014

    very nice. wish u all the best

    DisAgree Agree [7] Reply Report Abuse

  • DONY LOBO, MILAGRES- MANGALORE(QATAR)

    Sun, Apr 06 2014

    It was delightful to go through the write-up and the photographs about Rachana 'Magnet' world convention and kudos to all those who may have organised the same so efficiently especially the world renowned great Doctor Derek Lobo. I also felt to see many of my contemporaries of school college days gracing the occasion, having successful careers of their own...like my classmate Allan Pereira, Stany Fernandes (Muscat) Loy Albuqurque, and I felt such a gathering of distinguished successful Mangaloreans will go a long way to inspire the younger generation who may in turn like to emulate them in shaping up their own future lives. Hope the three singers rendered a new Anthem song for the convention.
    While once again Congratulating the organizers of the event, I felt amused seeing the beautiful photographs one of which seemed to be signalling the re-introduction of the majestic Horse drawn carriages in Mangalore which had disappeared from Mangalore around the mid sixties. May be catering to inside roads and lanes of the city they may be a better choice than the auto-rickshaws for distances !!! DEV BOREN KORUM SOMESTANK

    DisAgree [2] Agree [6] Reply Report Abuse

  • juliet mascarenhas, bejai mangalore

    Mon, Apr 07 2014

    yes Dony, we too missed you.High time for you to return and enjoy the coastal breeze and the company of your good old friends. I recollect the days of your guitar and melodious voice.You can do a lot to your mai gaon Kodiyal on your return.
    SOMESTHACHA NAVI HAV THUKA DEV BORE MAGTHA.

    DisAgree [1] Agree [1] Reply Report Abuse

  • Avinash, Mangalore

    Sun, Apr 06 2014

    I am surprised...Mangalore MLA JRLobo is missing in the guest list.

    DisAgree [6] Agree [18] Reply Report Abuse


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