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Press Release: Monsoon foreshadow symposium

New Delhi, Saturday May 05, Skymet organized a symposium foreshadowing the monsoon of 2012 held

at the Taj Vivanta in Mumbai on May 4, 2012. The event was widely attended by members of the

industry (including those from energy, insurance, agri-information, agri-input, policy), government

agencies, academicians and members of the Press.

Mr. Nadir Godrej, Managing Director, Godrej Industries and Chairman, Godrej Agrovet Ltd., honored the

symposium by being the chief guest. In his opening speech, Mr. Godrej applauded the endeavors made

by Skymet to make weather forecasting a more consumable service and for spreading its reach across

industry and agriculture sectors. He rooted for enhanced participation of the private sector in the

domain of weather and monsoon prediction.

The symposium was guided by Mr. Jatin Singh, CEO, Skymet who introduced the foreshadow ofmonsoon 2012. The symposium was followed by speakers analyzing the impact of monsoon on various

sectors and how weather forecasts help businesses.

The speakers were Mr. Kolli Rao, Chief Risk Officer, Agriculture Insurance Company of India (Crop

Insurance), Mr. Prasad Dahapute, MD & CEO, Varhad Capital (Indian Economy and Money Markets), Mr.

P. Varshney, Senior Vice President, PTC India (Power & Energy markets), Mr. G. Chandrashekhar,

Associate Editor, The Hindu Business Line (The effect of monsoons on commodity prices), Mr. D. R.

Sikka, Former Director, Indian Institute of Tropical Meteorology, Pune (Droughts and the Indian

monsoon), Mr. Dhananjay Naik, Account Manager, Nokia (on How Skymet helped Nokia reach out to its

consumers in the farming sector), Dr. NVK Chakravarty, Chief Agro-Meteorologist, Skymet (Impact of

Monsoon: Foreshadow on Agriculture) and Mr. Ashok Nair, Vice President-Operations, Reuters Market

Light (on their Skymet experience) with question and answer sessions in between.

Skymets foreshadow on monsoon 2012 is a 60-40 split between normal and below normal:

60% chance of normal-above normal rainfall 40% chance of below normal rainfall and drought 10% chance of drought expects an overall rainfall of 95% of LPA

The highlights of the monsoon 2012 foreshadow as envisaged by 10 leading global models were:

10% chance of drought (seasonal rainfall that is less than 10% of LPA) 30% chance of below normal (seasonal rainfall that is between 90% to 95% of LPA) 50% chance of normal monsoon (seasonal rainfall that is between 96% to 104 % of LPA) 10% chance of above normal rain (seasonal rainfall that is between 105% to 110 % of LPA) 0% chance of excess rain (seasonal rainfall that is more than 10% of LPA)

LPA is long period average

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