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Regulators need to strike balance for optimising growth: CEA V.Anantha Nageswaran The government's Chief Economic Advisor (CEA) V. Anantha Nageswaran, on Wednesday said there is a need for striking the right balance between optimising growth and the regulatory framework in the light of global uncertainties.  Addressing the plenary session on the Future of Regulation: Balancing Innovation and Risk at the Global Economic Policy Forum 2024 organised by the Ministry of Finance and the Confederation of Indian Industry (CII), Nageswaran highlighted that financial sys...
Regulators need to strike balance for optimising growth: CEA V.Anantha Nageswaran
Regulators need to strike balance for optimising growth: CEA V.Anantha Nageswaran
Source: IANS
2024-12-11 05:56:15 pm
Innovative startups driving India’s food processing industry Driven by the emergence of innovative startups, India's food processing industry is likely to grow by 47 per cent to reach $1,274 billion by 2027, according to a report.  According to a report by the Confederation of Indian Industry (CII), in collaboration with Danfoss India, Tamil Nadu leads the country’s export of processing fruits, juices and nuts. The state has a 33 per cent share by quantity and 27 per cent by value, exporting 2,08,370 metric tonnes worth $220.81 mil...
Innovative startups driving India’s food processing industry
Innovative startups driving India’s food processing industry
Source: IANS
2024-08-13 09:33:11 am
India to host 7-nation BIMSTEC business summit this week The Ministry of External Affairs will host the 1st BIMSTEC Business Summit here in association with the Confederation of Indian Industries (CII) from Aug 6 to 8, an official said on Monday.   The first edition of the Business Summit aims to foster greater regional collaboration through robust trade and investment relations among the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) which links five countries from South Asi...
India to host 7-nation BIMSTEC business summit this week
India to host 7-nation BIMSTEC business summit this week
Source: IANS
2024-08-06 09:26:10 am
Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy Global Capability Centres (GCCs) and startups have emerged as major players in creating jobs in India.Together, these created about eight crore new jobs in the last five years, said Sumita Dawra, Secretary, Ministry of Labour and Employment.Dawra said this at an event held in the national Capital by the Confederation of Indian Industry (CII) and Employers? Federation of India (EFI), citing the Periodic Labour Force Survey (PLFS).She also revealed the reforms such as decriminalisation of labou...
Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy
Startups, Global Capability Centres created 8 cr jobs in India in 5 years: Labour Secy
Source: IANS
2024-07-06 10:43:13 am
The Skills Revolution in HR Tech: CII and PeopleStrong Academy Join Hands The Confederation of Indian Industry (CII) and PeopleStrong Academy, the education arm of PeopleStrong (Asia’s leading Enterprise Work and HR Tech company), today announced a MoU (Memorandum of understanding) to empower youth with industry relevant skills, especially in HR Technology. The alliance will leverage PeopleStrong Academy's extensive HR Tech courses and CII's industry leadership to provide unparalleled learning opportunities for students, professors, and HR professi...
The Skills Revolution in HR Tech: CII and PeopleStrong Academy Join Hands
The Skills Revolution in HR Tech: CII and PeopleStrong Academy Join Hands
Source: PR Agency
2024-07-03 02:43:17 pm
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years The Confederation of Indian Industry (CII) and Nassom on Monday joined hands to provide digital skills to youth in sectors other than IT, with an aim to reskill and upskill 1 lakh youth in the coming two years.  Seven target sectors have been identified to begin with, including banking, financial services and insurance (BFSI), manufacturing, logistics, healthcare, green jobs, hospitality and live sciences, the top industry chambers said in a statement. “Our partnership will e...
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
CII, Nasscom join hands to digitally skill 1 lakh non-IT professionals in 2 years
Source: IANS
2024-07-01 04:05:03 pm
Demand for electronic components estimated to grow over five-fold to $240 billion by 2030: CII The Confederation of Indian Industry (CII) in its latest report has said that demand for electronic components and sub-assemblies is estimated to grow over five-fold to $240 billion by 2030, including includes some of the key parts like motherboard, lithium ion batteries, camera module etc that are largely imported. The report recommends the government to come up with revised electronic components production-linked incentive schemes with higher incentives in the range of 35-40 per cent to red...
Demand for electronic components estimated to grow over five-fold to $240 billion by 2030: CII
Demand for electronic components estimated to grow over five-fold to $240 billion by 2030: CII
Source: Accord Fintech
2024-06-24 10:28:32 am
CII pegs India`s GDP growth at 8 pc for 2024-25 Confederation of Indian Industry (CII) expects the country's economy to grow at 8 per cent in 2024-25 on the back of a better performance of the agriculture sector and higher levels of private investment, according to Sanjiv Puri, the newly elected President of the apex industry body.   The farm sector which was hit by erratic weather in the last financial year is expected to perform better with the forecast of normal monsoon this year which will lead to higher rural consumptio...
CII pegs India`s GDP growth at 8 pc for 2024-25
CII pegs India`s GDP growth at 8 pc for 2024-25
Source: IANS
2024-06-14 01:52:33 pm
Modi 3.0 government should push land, labour, agri reforms to accelerate economic growth: CII Industry body the Confederation of Indian Industry (CII) has made a case for pushing reforms in sectors like land, labour, and agriculture by the Modi 3.0 government to accelerate economic growth, which is estimated to be around 8 per cent in the current financial year. CII President Sanjiv Puri said a lot of policy interventions in the past have put the economy on a much stronger wicket. He stated ‘The growth rate is poised to touch 8 per cent during the current year, marking the fo...
Modi 3.0 government should push land, labour, agri reforms to accelerate economic growth: CII
Modi 3.0 government should push land, labour, agri reforms to accelerate economic growth: CII
Source: Accord Fintech
2024-06-14 10:10:58 am
Adani Energy Solutions wins CII`s `Climate Action CAP 2.0 Award 2023` Adani Energy Solutions Limited (AESL) has won the coveted 'Climate Action CAP 2.0 Award for 2023' from top industry body the Confederation of Indian Industry (CII) in the 'Resilient category', the company said on Saturday. The 'Resilient category' recognises the company's significant strides in resilience and adaptability, marking a notable improvement from last year's achievement in the 'Oriented category'. "We are delighted to receive this ...
Adani Energy Solutions wins CII`s `Climate Action CAP 2.0 Award 2023`
Adani Energy Solutions wins CII`s `Climate Action CAP 2.0 Award 2023`
Source: IANS
2024-03-16 01:56:00 pm
Unicorns to add $1 trillion to economy by 2030, generate 50 million jobs: CII report Industry body the Confederation of Indian Industry (CII) in report 'Unicorn 2.0: Adding the Next Trillion' has said that new unicorns are likely to add $1 trillion to the Indian economy, which would reach $7 trillion size by 2030, and add 50 million new jobs. Startup firms valued over $1 billion are categorised as unicorns. Sectors such as retail and e-commerce, next-gen financial services, manufacturing, and SaaS and digital are poised to drive massive growth in the coming years. ...
Unicorns to add $1 trillion to economy by 2030, generate 50 million jobs: CII report
Unicorns to add $1 trillion to economy by 2030, generate 50 million jobs: CII report
Source: Accord Fintech
2024-03-15 10:28:02 am
India signs IPEF pact to strengthen Indo-Pacific supply chain resilience India, the US and 12 other IPEF partner countries have signed the first Supply Chain Resilience Agreement aimed at strengthening global supply chains. The agreement was signed by Commerce and Industry Ministry Piyush Goyal on India’s behalf at the IPEF meeting in San Francisco.  "India joins U.S. and 12 other IPEF partners to ink the IPEF Supply Chain Resilience Agreement, a first-of-its-kind international agreement that will fortify and strengthen global supply chains; ...
India signs IPEF pact to strengthen Indo-Pacific supply chain resilience
India signs IPEF pact to strengthen Indo-Pacific supply chain resilience
Source: IANS
2023-11-15 01:48:06 pm
Aspirational Young India to spur future growth of India: Commerce Minister Union Minister for Commerce and Industry, Consumer Affairs, Food & Public Distribution and Textiles, Piyush Goyal has said that aspirational Young India will spur the future growth of India. During 'DPIIT-CII National Conference on Ease of Doing Business', the minister said that the foundational economic reforms undertaken by the Government has ensured that India moved from fragile 5 to top 5 economies in the last 5 years.  The Minister further lauded the industry for supp...
Aspirational Young India to spur future growth of India: Commerce Minister
Aspirational Young India to spur future growth of India: Commerce Minister
Source: Accord Fintech
2023-11-10 02:21:45 pm
USD10 Bn investments to be deployed in data centers; stock set to double by 2026 India?s data center stock is likely to double to 23 mn sq ft, translating to a total investment potential of USD10 Billion over the next 3 years across the top 7 cities, according to the Colliers? latest report ?India Data Centers: Entering Quantum Growth Phase?. The report was unveiled at the Second Edition of CII Conference on Tech in Real Estate today at Taj Lands End, Mumbai. Colliers was the Knowledge Partners for the event.?Significant expansion of the Indian economy by 2047, ...
USD10 Bn investments to be deployed in data centers; stock set to double by 2026
USD10 Bn investments to be deployed in data centers; stock set to double by 2026
Source: PR Agency
2023-10-12 12:44:20 pm