Category Archives: CII

India to set pace in demand and value addition with new Chemical Policy

CII

The demand for petrochemicals will jump for 30 to 40 million tons in next three years. Considering the feedstock requirement gaps, the country will urgently need at least five new integrated cracker plants, each with 1.5-million-ton capacity before 2025. That will work for at least 20-30% of value addition for the feedstock requirement and serve the increasing… Read More

Bengal will provide ‘support price’ to technology companies for setting up facilities at the state’s own Silicon Valley

CII

The West Bengal Government is all set to provide “support price” to technology companies for setting up their facilities at the upcoming Silicon Valley at Rajarhat-New Town.

“The State has decided to provide the support price to attract technology companies from across the world so that they can set up their units at an affordable cost in the proposed… Read More

India – Africa Development Partnership to be Guided by African Priorities | MEA

CII

The India – Africa Development Partnership will be guided by African priorities. This was stated by Mr. T S Tirumurti, Secretary – Economic Relations, Ministry of External Affairs while addressing a Conference on Enhancing India – Africa Cooperation which was organized by the Confederation of Indian Industry (CII) and the Vivekananda International… Read More

Transforming Public Sector Enterprises | CII releases framework for loss-making CPSEs

Central Public Sector Enterprises,

Shri Babul Supriyo, Minister of State for Department of Heavy Industries and PSEs while commending the efforts of CPSEs for their valuable contribution towards nation building said ‘a real paradigm shift can be brought with the PSEs by enhancing the PSE performance it is required to work on increasing productivity and maintaining discipline within PSEs,… Read More

Need PPP models for intra-state transmission systems | Power Secretary

CII

India’s Power Transmission segment is growing in recent years propelled by the growing electricity generation, increasing demand and per capita electricity consumption. The inter-state capacity also reflects growth, with further capacities being added up. Under Saubhagya scheme, all households will be connected by December 2018. To complement … Read More

Want to make Uzbekistan part of Silicon Route instead of Silk Route | Suresh Prabhu

Suresh Prabhu

Uzbekistan was once part of the ancient Silk Route linking the Far East to Europe. We would now like to make it part of the Silicon Route. This was stated by Mr. Suresh Prabhu, Minister of Commerce and Industry and Civil Aviation while addressing the India – Uzbekistan Business Forum in New Delhi today. According to the Minister, India and Uzbekistan could cooperate… Read More

Indian Medtech Industry is expected to reach around US$9.5 billion in next 4 years

CII

Success of any industry depends on its growing brand value, similarly Medtech industry has to strive for making a global brand”, said Mr. Sudhanshu Pandey, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry who graced the Inaugural Session at the CII 11th Medical Technology Conference held today at New Delhi. Indigenous… Read More

National Anti-Profiteering Authority is not a price regulator

CII

Mr. B N Sharma, Chairman, National Anti-Profiteering Authority, assured companies that the National Anti-Profiteering Authority is not a price regulator and neither does it have legislative intent. He was addressing an interactive session with industry organized by the Confederation of Indian Industry (CII) at Mumbai today.

Mr. Sharma mentioned that… Read More

Vijay Goel felicitates 17 sports achievers at the India Sports Awards Ceremony

Vijay Goel

Shri Vijay Goel, Minister of State for Parliamentary Affairs and Statistics & Program Implementation, Government of India, gave away the India Sports Awards to17 sports achievers and organisations at FICCI – TURF 2018 awards ceremony here.

The award recognised the achievements of sports achievers as well as public & private… Read More

Suresh Prabhu announces Fast Track Mechanism to promote Russian Investments in India

CII

Shri Suresh Prabhu, Minister for Commerce and Industry and Civil Aviation announced the setting up of a fast track, single-window mechanism for Russian companies which would be chaired by Secretary, Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry. The Minister was addressing the India – Russia Business Summit… Read More

CII & Industry needs to initiate a nation-wide movement on water | Secretary, Ministry of Water

Nisha IAS

For exemplary and innovative work undertaken in the field of Water Management, DCM Shriram Ltd, Mahindra & Mahindra Limited (Auto, Farm & Agri Sector), Bajaj Corp Limited and RBS Services India Private Limited were adjudged as the winners in Beyond the Fence Category of the National Awards for Excellence in Water Management 2018 while Himadri Speciality… Read More