Overview

VCCircle is back with its immensely successful and well-received investment conference property, the 3rd edition of VCCircle ICICI Bank Agri & Food Investment Summit 2011. The initiative, which in the last 2 years created an umbrella conference on investment opportunities, this year again will address the ecosystem of Food, Agri and its support industries in addition to leading Funding agencies, policy makers and economists.

The reasons for its success are not far to seek. First, accounting for nearly one-fifth of India’s GDP and over 50% of its workforce, this sector enjoys a vast and growing demand in both domestic and overseas markets. Second, demand for farm and food products is ever-increasing as there is less and less land under cultivation globally. Third, there are many fundable and viable niches within the ecosystem of agriculture. Fourth, the loop of agribusiness and food business that starts from agri inputs such as seeds and fertilizers to the meal on your plate (farm-to-fork) offers a value chain that promises opportunities along the way such as logistics, cold storage, packaging, commodity markets and last-mile retail. Fifth, it is recession-proof to a great extent. And sixth, the deal activity, consolidation and restructuring potential that are putting this sector high on the investment attractiveness index.

In terms of deal activity, during the last three years, food and agri-related businesses have accounted for 125 M&A transactions valued at $1.4b and 60 private equity deals valued at $650m.

While inflation is a huge concern, the market potential in agri and food industry is pegged at $280 billion in the next 10 years, which translates into $50 billion investments every year. So, where is this investment going to be absorbed? Which parts of the farm-to-fork journey will be tomorrow’s winning categories? What are the new emerging themes gaining popularity and interest? What are the new trends in M&A and consolidation in the sector? How to manage valuation expectations in this space? All these questions and much more will find answers at the forum.


Agenda

8:30am - 9:30am
Tea & Registration

9:30am - 9:40am
Introduction Note
Sahad P.V. - Founder & Editor, VCCircle

9:40am - 10:00am
Keynote Address
N. Vaghul - Former Chairman, ICICI Bank Ltd.

10:00am - 11:00am
Panel I - Growing Inorganically: Merger & Acquisitions And Joint Ventures In Agri & Food Sector
Indian agri firms are increasingly scouting for emerging opportunities and seeking domestic and cross-border M&As as mediums to scale up.
- When should a company chose to go for M&A?
- What are the emerging opportunities available? Which are the markets to explore?
- What synergies should a company look for in such acquisitions? What are the popular deal structures?
- What are the consolidation trends in the sector?

Hemant Vora - General Manager, ICICI Bank Ltd. (Moderator)
Dinesh Shahra - MD, Ruchi Soya Industries Ltd.
Bimal Ramesh Thakkar - MD, ADF Foods Ltd.
Ramakrishna Karuturi - MD, Karuturi Global Ltd.
Vijay Kumar Arora - Chairman, LT Foods Ltd.
Sanjeev Mantri - Senior General Manager, ICICI Bank Ltd.

11:00am - 11:20am
Tea & Networking

11:20am - 12:20pm
Panel II - Emerging Trends & Innovations In Indian Agri & Food Sector
Segments: Food Branding, Role Of MNCs, Organic Products, Gourmet Food, Contract Farming etc.

Rajesh Srivastava - MD, Rabo Private Equity (Moderator)
G.S. Bhalla - MD & CEO, Cocoberry
Sameer Mehra - Founder & CEO, Suminter India Organics
Akshay Bector - MD, Mrs Bector Foods
Dev Lall - CEO, Bakers Circle

12:20pm - 12:45pm
Presentation: The Burgeoning Food Inflation & Food Security
How serious is the concern? What is the cure? What role can the industry play? What are the possible regulatory stances on the issue?
Dr G. Mythili - Professor, Indira Gandhi Institute of Development Research

12:45pm - 2:00pm
Lunch & Networking

2:00pm - 3:00pm
Panel II: Role Of Private Equity In Fuelling Growth In Agri & Food Sector
- What do investors look for in this sector? What kind of entrepreneurs and businesses they bet on?
- What role can private equity play in growing a firm? What are the value additions by investors in a company?
- What are the requirements to be met while raising private equity capital? Reporting requirements, rights demanded, compromises to be made.
- Evaluating Private Equity versus Listing? What are the advantages associated with each option?

Gopal Srinivasan - MD, TVS Capital Funds (Moderator)
Deepak Shahdadpuri - MD, BCP Advisors
Nikhil Khattau - MD, MF Advisors
Gaurav Mathur - MD, India Equity Partners
Ajaay Gupta - MD, Capital Foods

Redhot Sector Sessions: Here, we will focus on two micro sessions of 45 minutes each and highlight the significant intersections in the farm-to-food journey.

3:00pm - 3:45pm
Redhot Sector I: The Farm Level
Agri inputs: Seeds, Fertilizers & Agro-Chemicals

Sanjeev Asthana - MD, I-Farm Venture Advisors (Moderator)
Rahul Raisurana - MD, Standard Chartered Private Equity
Ankur Aggarwal - MD, Crystal Phosphates
M.K. Dhanuka - MD, Dhanuka Group
Shyam Vembar - VP, Agri Business, Mahindra & Mahindra

3:45pm - 4:00pm
Tea & Networking
 
4:00pm - 4:45pm
Redhot Sector II: Farmgate To Market
Supply Chain: Processing, Quality Testing, Warehousing & Supply Chain Managment

Sandeep Singhal - MD, Nexus Venture Partners (Moderator)
Vinod Kumar Chaturvedi - MD, Usher Agro
Balbir Singh Uppal - CMD, Lakshmi Energy & Foods Ltd
Sandeep Sabharwal - CEO, Sohan Lal Commodity Management

4:45pm - 4:55pm
Concluding Remarks

5:00pm - 6:00pm
VCCircle Lounge
A special initiative where companies and investors can meet and network in a structured manner in a separate enclosure. Here, 10 select companies can make a 5-minute elevator pitch to 10 select private equity investors and venture capitalists.

6:00pm Onwards
VCCircle Unwind
A zone for informal networking and establishing contacts with entrepreneurs and investors over cocktails.


Speakers

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Akshay Bector

Managing Director, Mrs. Bector's Food Specialties Ltd.
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Ajaay Gupta

MD, Capital Foods Ltd
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Bimal Ramesh Thakkar

MD, ADF Foods
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Deepak Shahdadpuri

Founder & MD, DSG Consumer Partner | @DSGCPvc
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Dev Lall

CEO & MD, Bakers Circle (India) Pvt Ltd
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Dinesh Shahra

MD, Ruchi Soya Industries Ltd
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G. Mythili

Joint Managing Editor, JQE, Indira Gandhi Institute of Development Research
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G.S Bhalla

CEO & Founder, Cocoberry
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Gaurav Mathur

Founder & MD, Invent Capital
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Gopal Srinivasan

Chairman & MD, TVS Capital Funds | @TVSCapitalFunds
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Hemant Vora

GM, ICICI Bank Ltd
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M K Dhanuka

MD, Dhanuka Agritech Ltd
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N. Vaghul

Former Chairman, ICICI Bank Ltd
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Nikhil Khattau

Managing Director, Mayfield
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Rahul Raisurana

MD, Standard Chartered Private Equity
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Rajesh Srivastava

Chairman & Managing Director, Rabo Equity Advisors Pvt Ltd
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Ramakrishna Karuturi

MD, Karuturi Global Ltd.
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Sameer Mehra

Founder and CEO, Suminter India Organics
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Sandeep Sabharwal

CEO, Sohan Lal Commodity Management
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Sandeep Singhal

Co-Founder, Nexus Venture Partners
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Sanjeev Mantri

Head, Rural & Inclusive Banking, ICICI Bank Ltd
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Vijay Kumar Arora

CMD, LT Foods Ltd.
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Vinod Kumar Chaturvedi

MD, Usher Agro Ltd

Our Sponsors & Partners

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Venue :

ITC Grand Central, Mumbai

ITC Grand Central, Mumbai


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